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Linkend Road, Corse Lawn, Eldersfield, Gloucester, GL19

Guide Price
£900,000
Pughs, Ledbury
PROPERTY TYPE

Land

SIZE

3,615,480 sq ft

335,889 sq m

Description

FOR SALE BY PUBLIC AUCTION UNLESS PREVIOUSLY SOLD - GUIDE PRICE £900,000 - £950,000
Lot 1 represents an excellent commercial block of land extending to a considerable 83 acres (33.58 Ha) of Grade III arable land. The land is gently undulating throughout and is easily traversable with any agricultural vehicle. The parcel benefits from road access off Link End Road and through the farmyard. The arable land has been farmed in a conventional arable rotation and was previously used for growing Oil Seed in 2024. The boundaries appear to be in good order and are well-defined.

Within the farmyard are a range of useful agricultural buildings:

Building A:
Steel-framed agricultural storage barn, part concrete & hardcore floor and fibre cement roof. (29m x 36m).

Building B:
Steel portal framed agricultural storage barn with steel box profile roof sheets and hardcore floor. (17m x 18m).

Building C:
Dutch Barn with part concrete floor and tin roof. (27.8m x 6m).

Building D:
Steel portal framed agricultural livestock barn with feeder passage, with fibre cement roof and concrete floor. (9m x 18m).

Lot 1 will be sold subject to an uplift clause/overage.
The vendor will be entitled to 25% of any uplift in value arising from commercial or residential development for a period of 20 years from the completion of the sale. The definition of development will include change of use as well as permitted development and will include all of the land within the red-line sales boundary.


DESCRIPTION

Lot 1 represents an excellent commercial block of land extending to a considerable 83 acres of Grade III arable land. The land is gently undulating throughout and is easily traversable with any agricultural vehicle. The parcel benefits from road access off Link End Road and through the farmyard. The arable land has been farmed in a conventional arable rotation and was previously used for growing Oil Seed in 2024. The boundaries appear to be in good order and are well defined. Within the farmyard are a range of useful agricultural buildings:

FARM YARD

BUILDING A

29m x 36m

Steel-framed agricultural storage barn, part concrete & hardcore floor and fibre cement roof. (29m x 36m).

BUILDING B

17m x 18m

Steel portal framed agricultural storage barn with steel box profile roof sheets and hardcore floor. (17m x 18m).

BUILDING C

27.8m x 6m

Dutch Barn with part concrete floor and tin roof. (27.8m x 6m).

BUILDING D

9m x 18m

Steel portal framed agricultural livestock barn with feeder passage, with fibre cement roof and concrete floor. (9m x 18m).

TENURE

Lots 1(excluding the farmyard and buildings), 3 & 5 are subject to a Farm Business Tenancy, notice has been served and will terminate on 31st August 2025.

BOUNDARIES

In the absence of common ownership, the purchaser of Lots 1 and 3 shall erect and forever maintain a suitable livestock proof fence on the boundaries marked with an inward facing T' on the accompanying plan, which exists between Lots 1 and 3. In the absence of common ownership, the purchaser of Lots 1 and 2 shall erect and forever maintain a suitable livestock proof fence on the boundaries marked with an inward facing T' on the accompanying plan, which exists between Lots 1 and 2.

VIEWING

Strictly by appointment with the sole agents Pughs. Tel: Out of office hours: Email: j. j.

FOR SALE BY PUBLIC AUCTION

To be offered for sale by public auction, subject to conditions of sale and unless previously sold at The Hazle Meadows Auction Centre, Ross Road, HR8 2LP on Wednesday 23rd October 2024 at 2:00 pm. AUCTION PACK queries of a legal nature, please direct to the vendors solicitor, preferably via your own conveyancer.

UPLIFT/OVERAGE CLAUSE

Lot 1 will be sold subject to an uplift clause/overage. The vendor will be entitled to 25% of any uplift in value arising from commercial or residential development for a period of 20 years from the completion of the sale. The definition of development will include change of use as well as permitted development and will include all of the land within the red-line sales boundary.

VENDORS SOLICITORS

Stamp James Solicitors LLP, The Lodge, 10A Southernhay West, Exeter, EX1 1JG. Mrs K Stamp . kate.

ENVIRONMENTAL MATTERS

The outgoing tenant of lots 1, 3 and 5 has entered into Countryside Stewardship and Sustainable Farming Incentive schemes which commenced 1st April 2024 and will be returned to the landlord free of schemes upon termination of the Farm Business Tenancy on 31st of August 2025.

RIGHTS OF WAY, EASEMENTS & BOUNDARIES

There are several footpaths passing over the land contained with Lots 1 and 3. Prospective purchases are to rely on their own enquires – see Worcestershire County Council – Public Rights of Way. The selling agent does not believe that there are any public rights of access across Lots 2, 4 and 5. The property is sold subject to and with the benefits of Rights, including Rights of Way, whether public or private, rights of light support, drainage, water, electricity supplies and other rights and obligations, easements, quasi-easements and restrictive covenants and all existing wayleaves of mast pylons, stays, cables, drains and water, gas and other pipes, whether referred to in the general remarks and particulars of sale or not and to the provision of any planning scheme of county or local authorities.

SERVICES

LOT 1 – Metered electric supply through Lot 2 for first 3 months after completion, after which purchaser must relocate the supply and meter onto Lot 1. Purchaser is to make own water connection

ASBESTOS

The vendors and their agents accept no liability for any asbestos on the property. It is in the nature of farm buildings in particular that asbestos is likely to be present on the farm.

MONEY LAUNDERING, TERRORIST FINANCING AND TRANSFER OF FUNDS REGULATIONS 2017

We are governed by the Anti-Money Laundering Legislation and are obliged to report any knowledge or suspicion of money laundering to the National Crime Agency. We will require formal identification from all the purchasing parties before proceeding, this can take the form of using photographic identification and a utility bill for your current address in accordance with this Act. Without identification, a sale cannot proceed.

Brochures

Particulars

Linkend Road, Corse Lawn, Eldersfield, Gloucester, GL19

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ashchurch for Tewkesbury Station6.6 miles

About Pughs, Ledbury

Hazle Meadows Auction Centre Ross Road Ledbury HR8 2LP
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Pughs is an expanding and enthusiastic firm of Estate Agents, Valuers and Auctioneers. The firm specialises in a large number of professional services from residential sales of farms to single building plots, residential lettings, commercial, all types of public auctions and professional work including planning advice, Single Farm Payment, tax advice and Red Book Valuations. Therefore providing a complete and all round professional and friendly service.

Notes

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Disclaimer - Property reference LED240212. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pughs, Ledbury. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Pughs, Ledbury on 01531 808791.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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