Land at Coleorton Lane, Packington

An exciting opportunity to purchase a parcel of land extending to 3.04 acres of pastureland located between Packington and Ashby de la Zouch benefitting from a workshop building and concrete yard. Features: ·      Attractive parcel of pastureland ·      3.04 acres split into two paddocks ·      Road frontage ·      Potential for equestrian or amenity use subject to obtaining the necessary planning consents ·      Rural location with excellent access to transport links ·      Workshop building with concrete base Location The land is situated between the village of Packington and town of Ashby de la Zouch. The land is located off Coleorton Lane and benefits from road frontage. Distances Ashby de la Zouch – 1.8 miles Coalville – 4.8 miles Swadlincote – 7.0 miles A42 Junction 13 – 1.8 miles M1 Junction 24 – 11.8 miles Description The land extends to approximately 3.04 acres of pastureland with direct access from Coleorton Lane. The land is split into two parcels and includes a workshop building with concrete yard area. The land is bordered by mature hedgerows to all sides. The land is currently used for agricultural purposes and has been mown for hay in recent years. The land would be suitable for equestrian or amenity uses subject to obtaining the necessary planning permission. Overage The property is sold with an overage clause which claws back 20% of any development uplift in value attributed to any change of use or planning permission for a period of 15 years. For the avoidance of doubt the overage will not be triggered by any agricultural, equestrian or forestry use. Easements, Wayleaves and Rights of Way There is a public right of way crossing through the western parcels of land, this is identified on the site plan. We are not aware of any other rights of way that cross through the land. The land is sold subject to and with the benefit of any other easements, wayleaves and rights of way that may exist at the time of the sale, whether disclosed or not. Services We do not believe that the land benefits from any services. Purchasers are to make their own enquiries as to connectivity. Viewing Please contact Anna Meynell or Lily Taylor on 01530 877977 (option 4) or by email to [email protected] or [email protected] Method of Sale The land will be sold by auction. Anti Money Laundering Under the money laundering directive (S12017/692) we are required under due diligence as set up under HMRC to take full identification (e.g. photo ID and recent utility bill as proof of address). When a potential purchaser submits an offer for a property, please be aware of this and have the information available. Local Authority The local planning authority is North West Leicestershire District Council - 01530 45454 Auction Terms - The property is for sale by online auction. All details, terms, conditions and contract pack are available on our website. Contract Pack - The contract pack is available via the ‘online auction’ pages of our website. Online Auction Access - Please visit the Howkins & Harrison website (howkinsandharrison.co.uk), click ‘Auctions' in the main heading menu then 'Online Auctions'. To bid; click 'Register' and verify your email address. Should you be successful in the purchase of this property, the following payments are due upon exchange: £5,000 (incl VAT) is taken from the registered card (on the fall of the hammer) and is apportioned as follows: • Auctioneers Buyers Premium - £1,800 (inc VAT) • Auction Platform Fee - £1,980 (inc VAT) • £1,220 towards deposit. The remainder of the 10% deposit of the purchase price is due by 12pm the next working day. The purchaser is subject to the following payments upon completion: • Balance of the purchase price • Search fees to a maximum of £927.44 (inc VAT) • Transfer fee - £234 (inc VAT). • Administration fee - £480 (inc VAT). Full terms and conditions for the online auction are available on our website.