Ludlow Road, Eaton, Leominster

£8,000

Guide price

***SOLD*** 18.25 Acres of Grade II Arable Land together with a small Dutch Barn Adjacent to The Wharf, Ludlow Road, Eaton, Leominster, Herefordshire, HR6 0DQ For Sale by Public Auction (unless previously sold) at Leominster Golf Club, Ford Bridge, Leominster, Herefordshire, HR6 0LE on Wednesday 29th September 2021 at 5.00pm Auction guide £8,000 - £12,000 per acre

The Property

A block of 18.25 acres of Grade II Arable Land together with a small Dutch Barn with frontage to the A49 immediately after the American Diner and Fuel Station leaving Leominster on the Ludlow Road.

Introduction

The 18.25 acres of Grade II Arable land together with a small single bay Dutch Barn, gives an ideal opportunity for the Purchasers to acquire a level good quality block of Arable Land in two enclosures with the Ridgemoor Brook dividing the two fields. The land has excellent potential for agricultural, equestrian, horticultural, forestry or lifestyle use. The land in two enclosures is completely level and has road frontage to the A49. Access to the smaller enclosure is via a bridge over the Ridgemoor Book. Purchasers should satisfy themselves as to the condition of the bridge.

Location

The Property is located on the A49 at Eaton and is on the left-hand side just past the American Diner and Fuel Station leaving Leominster on the A49 towards Ludlow. The County City of Hereford lies some 13 miles to the South along the A49.

Schedule

See brochure

Services

We understand that a metered Mains Water supply is connected adjacent to the single bay Dutch Barn. Water is also available from the Ridgemoor Brook.

Basic Payment Scheme

The Basic Payment Scheme for 2021 has been claimed and the Purchaser will adhere to the BPS Regulations and indemnify the Vendor against any breaches of Cross Compliance to the end of the BPS Scheme for 2021. 7.1922 hectares of Entitlement may be purchased by separate negotiation. The Entitlements are subject to VAT.

The previous cropping is as follows:

2021 Winter Wheat

2020 Maize

2019 Winter Wheat

2018 Winter OSR

2017 Winter Barley

2016 Winter Wheat

Sporting Rights

The Sporting and Fishing Rights are included with the land.

Timber & Mineral Rights

Any Standing Timber is included in the sale as are the Mineral Rights.

Rights of Way etc

The land is sold subject to, and with the benefit of, all existing rights, whether Public or Private, including Rights of Way, Water Supply, Drainage, Electricity and Gas Supply and other Rights, Covenants, Restrictions and Obligations, Quasi Easements and all Wayleaves whether referred to in these particulars or not.

Constraints & Uplift Clause

A gas main enters the northwest corner of field 3588 and then passes under the Ridgemoor Brook into field 2697. The pipe then runs down the length of field 2697 and then back under the Ridgemoor Brook back into field 3588 and enters the gas installation.

The Land is predominantly in Flood Zone 3 with the land adjacent to the A49 in Flood Zone 2.

An uplift is reserved on the land for any possible future development at 30% Uplift for 30 Years.

Tenure

The property is Freehold and is offered with vacant possession upon completion of purchase.

Method of Sale

The property is for sale by Public Auction on Wednesday 29th September 2021 at 5.00pm unless an offer has already been accepted. The purchaser will be required to pay a deposit of 10% at the Auction with the balance of the monies due upon completion 28 days later. Prior entry for cultivation will be allowed subject to the balance of the purchase price being paid.

Valuation

There will be no ingoing valuation regarding the land and no counter claim will be allowed for any dilapidations.

Money Laundering

As a result of anti-laundering legislation all persons intending to bid must complete the Bidders Registration Form and provide Proof of Identification (ID) prior to the Auction. Prospective Purchasers may bring their completed registration form and Proof of ID (Photo ID for example passport or driving licence and Residential ID, for example current utility bill) to our offices at least 24 hours prior or register on the day at least 30 minutes before commencement of the sale.

Vendors Solicitors

The Vendors Solicitors are:

Messrs Lanyon Bowdler

The Business Quarter

Eco Park Road

Ludlow

Shropshire, SY8 1FD

FAO Laura Lougher

Telephone: 01584 871701

Email: laura.lougher@lblaw.co.uk

Contract

A copy of the Contract and any Special Conditions of Sale will be available for inspection at the Solicitors Offices some 10 days prior to the date of Auction.

The Contract is not available to take away or be photocopied. However, the Vendors Solicitors will distribute a Contract pack upon request, but they reserve the right to charge a nominal amount for doing so. Please make any further enquiries directly to the Vendors' Solicitors.

Purchasers will be deemed to bid on the basis of having full knowledge of the Contract and such conditions, whether or not they have inspected them.

Site Plans

The Plans included in the Sale Particulars are for identification purposes only.

Auction Guide / Reserve Price

Please note an Auction Guide Price is an indication by the Agent of the likely sale price and is not the same as a Reserve Price. The Reserve Price is the lowest price at which the Vendor will consider a sale and is within or below the Guide Price(s). Both figures are subject to change.

Viewing

Viewing may take place at any reasonable daylight hour. When viewing the property please take care as to parking.

Directions

The property is situated on the A49 Ludlow Road just outside Leominster past the petrol station and American Diner on the left-hand side as leaving Leominster for Ludlow heading north.

Leominster Golf Club, Ford Bridge, Leominster, HR6 0LE is also situated on the A49 approx. 4 miles south of Leominster

Agents Note

All negotiations through the selling Agents:

Richard Hyde 07977 467165

Katie Poulter 07741 664053

None of these statements contained in these particulars are to be relied upon as statements or representations of fact. These particulars are not an offer or contract or part of one. Floor plans are provided for guidance as to the layout of the property only. Room sizes and measurements are approximate only. Please note we have not tested the equipment, appliances and services in the property and interested parties are advised to commission appropriate investigation before formulating their offer.

Sunderlands are a member of the Ombudsman for Estate Agents Scheme and therefore adhere to their Code of Practise. A copy of the Code of Practise is available on request.

Arrange viewing 01432 507120

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