Guide Price £12,500 per acre
133.28 Acres in 5 Lots
Pasture/ Arable/ Woodland
For Sale by Informal Tender. Tender Deadline Thursday 12th September 2024
SITUATION/DIRECTIONS
The land is nestled in the western corner of Warwickshire, a short distance from the Worcestershire County boundary. The popular village of Sambourne is to the south and land parcels essentially sit equi-distance between the larger conurbations of Studley and Astwood Bank. Redditch Town is to the North.
The land is split into 5 distinct parcels, each with its own access point(s) directly from the council highway. A location plan and what3word information is provided for each lot.
Lot 1 – (Red)
Perrymill Paddock
Land off Perrymill Lane
1.275 ha / 3.15 acres
c/w Open fronted 5 bay barn (approx. 18m x 5m) & concrete pad
Crop type – Permanent grass
What3Words: ///moss.truth.reap
Lot 2 – (Green)
Oak Tree Field
Land off Oak Tree Lane / Jill Lane
14.794 ha / 36.56 acres
Crop type – Permanent grass (formerly arable)
i) What3Words: ///swan.slurs.useful
ii) What3Worcs: ///plenty.rash.dent
Lot 3 – (Orange)
Perkins and Yeomans
Land to the North of Jill Lane (Access also from A441 Evesham Road)
15.211 ha / 37.59 acres
Crop type – Arable
i) What3Words: ///lease.images.discouraged
ii) What3Words: ///books.rods.handed
Lot 4 – (Yellow)
Westwoods and Sling (+ part Big Reins)
Land to the South of Jill Lane
11.045 ha / 27.29 acres
Crop type – Part arable, part woodland, part permanent grass
What3Words: ///flats.family.looked
Lot 5 – (Purple)
Woods Field
Land off Sambourne Lane
11.609 ha / 28.69 acres
Crop type – Arable
i) What3Words: ///caves.retail.risky
ii) What3Words: ///send.using.civil
TENURE & POSSESSION
Freehold with vacant possession upon completion (subject to rights for holdover for any unharvested crops). NOTE: Provision for early entry to establish autumn/ winter crops will be made.
OVERAGE
The land is subject to overage provisions running until 2094 in respect of uplifted value due to planning permission for Development. Further details are included within the legal pack.
LOCAL AUTHORITY
Stratford-on-Avon District Council, Elizabeth House, Church Street, Stratford-on-Avon, CV37 6HX. Tel: 01789 267575.
MINERALS, SPORTING & TIMBER RIGHTS
As far as they are owned, the mineral and sporting rights, as well as the standing timber are included in the freehold sale.
SERVICES
None connected. Details of water within each lot description
WAYLEAVES & EASEMENTS
The land is being sold subject to any wayleaves, public or private rights of way, easements and covenants and all outgoings whether mentioned in these particulars or not.
SCHEMES & STEWARDSHIP
The land is currently not entered into any schemes.
RIGHTS OF WAY
There are public footpaths across some of the lots.
BOUNDARIES, ROADS & FENCES
The purchaser shall be deemed to have full knowledge of the boundaries and neither the vendors nor their agents will be responsible for defining ownership of the boundary fences or hedges.
SALE PLAN
The sale plan has been prepared for guidance only. No guarantee or warranty as to its accuracy is given or implied. Any error or misstatement shall not annul the sale nor entitle either party to compensate in respect thereof. In particular no objection shall be taken by the purchaser to any variation in areas given on the Deeds.
VIEWINGS
Strictly by appointment with Lovatt & Associates Ltd. Tel: 01905 954575.
VENDORS SOLICITORS
James Spreckley, Lodders Solicitors LLP, Glensanda House, Montpellier Parade, Cheltenham, GL50 1UA. Tel: 01242 228370.
A legal pack will be available which prospective purchasers are encouraged to view prior to submitting a tender.
METHOD OF SALE
The property is offered for sale by Informal Tender and best and final offers are to be submitted in writing or by email to daniel@lovattandassociates.co.uk by no later than 12 noon Thursday 12th September 2024. Tenders are invited on the enclosed form.
1. All offers should be for Land at Sambourne.
2. All offers should be submitted in writing and should be received at this office by 12 noon Thursday 12th September 2024.
3. The offer should either be submitted on the enclosed Tender Form in a sealed envelope and clearly marked “Land at Sambourne” or sent by email to daniel@lovattandassociates.co.uk
4. All offers must be made by or on behalf of a named purchaser with full address provided.
5. All offers should be in pounds sterling, and we recommend that offers are for an uneven sum (i.e. not round numbers) to avoid identical bids.
6. All offers must be for a fixed sum. We will not consider any escalating bids or an offer where the amount depends on another offer.
7. Any condition applicable to the offer (such as a survey) must be clearly set out in the written offer.
8. If your offer is successful, we will expect you to exchange and secure contracts with a deposit of 10% of the purchase price within 28 days from the date your Solicitor receives the contract documents.
9. Your offer should be supported by a bank reference or similar as confirmation that finance is available. If you will be using a mortgage for the purchase, then you must state the amount of mortgage needed; and what progress you have made with the mortgage application
10. You must supply the name and address of your solicitors. It would be helpful if your offer could be accompanied by a letter from your solicitor stating that they have clear instructions to act on your behalf.
11. Completion will ideally be within 28 days from exchange of contracts. However, if you have an alternative and preferred date, please advise so it can be considered.
12. We will put all offers received to the vendors and notify you of their decision as soon as possible.
13. The vendors have sole discretion to accept or reject any offer and are not bound to accept the highest or any offer.
PLEASE NOTE: Lovatt & Associates Ltd give notice that: The particulars are produced in good faith and are set out as a general guide only and do not constitute or form any part of an offer or any contract. No person within Lovatt & Associates Ltd has any authority to make or give representation or warranty on any property. Photos taken June 2024.
IMPORTANT NOTICE
Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.
