McCartneys LLP

Accommodation in Detail

• Auctioneers Foreword
  McCartneys are delighted to be favoured with instructions to offer for sale by public auction this lot of sound pasture land situated on the edge of the former market town of Presteigne. The land benefits from excellent roadside access from the adjioning B4356 and a natural water supply via a stream. It is also believed a mains water supply crosses the land running close to the entrance. Subject to the appropriate consent being granted together with the payment of the relevant connection fee it is believed a mains supply is available to the land. The land is subject to a tenancy under the Agricultural Holdings Act and therefore offers propspective purchasers an investment opportunity. The land will be offered by the most transparent method of sale - public auction.
  
• General Remarks and Stipulations Location
  The land is situated on the north westerly edge of the historic former market town of Presteigne being adjacent to the B4356.
  
• Directions
  Travel along the Presteigne by-pass (B4356) out of town towards Whitton and Discoed. Upon leaving the 30 mph zone travel approximately 75 yards. The entrance gateway to the land is the first on your left hand side.
  
• Tenure
  Is freehold subject to an Agricutural Holdings Act (1986) Tenancy of the Williams family of Broadaxe, Presteigne. Furhter details are available from the agents.
  
• Ingoing
  The property is sold free of any ingoing. No counter claim will be allowed for dilapidations (if any) or any other matter whatsoever.
  
• Sporting Rights
  These are in hand and will pass with the sale of the freehold.
  
• Timber
  All growing timber is included in the sale of the property.
  
• Single Payment Scheme
  No Single Payment Scheme Entitlements are included in the sale. The right to claim Single Payment Scheme belongs to the party holding the Agricultural Holdings Act Tenancy.
  
• Less favoured Area
  The property is located within a Less Favoured Area.
  
• Planning Uplift
  An Uplift Clause will be placed on NG 6184 (2.80 acres). This will state that should planning consent be granted on this parcel for development and if such planning consent leads to an increase in value then the vendors will be entitled to 50% of such increase in value. This Uplift Clause would be operative for a period of 25 years from the Completion Date.
  
• Services
  Mains water crosses the land. Please refer to Auctioneers Forward. Further details available from the Auctioneers.
  
• Local Authority
  Powys County Council, County Hall, Llandrindod Wells, Powys. Tel: 01597 826000.
  
• Agricultural Matters
  Welsh Government, Government Buildings, Spa Road East, Llandrindod Wells, Powys Tel: 01597 823777.
  
• Plans, Areas and Schedules
  These are based o the Ordnance Survey and are for reference only. They have been checked and computed by the agents and the purchaser shall be deemed to have satisfied himself as to the description of the proeprty and any error or mis-statement shall not annul the sale, nor entitle either party to compensation. The plan is for the purpose of identification only and is based on the Ordnance Survey Sheets.
  
• Planning
  The land is sold subject to any development plan, tree preservation order, town planning schedule, resolution or notice which may be or become to be in force, and subject to any road widening or improvement schemes, land charges and statutory provisions or by-laws without any obligation on the vendors to specify them.
  
• Boundaries
  The purchaser shall be deemed to have full knowledge of all boundaries and neither the vendor nor the vendor's agents will beresponsible for defining the boundaries or ownership thereof.
  
• Wayleaves, Easements and Rights of Way
  The property is sold subject to, and with the benefit of. all easements and quasi-easements and rights of way, declared and undeclared.
  
• Misrepresentation Act
  The property is sold with all faults and defects (if any) whether in good condition or otherwise andneither the vendors not McCartneys the agents for the vendors, shall be in any way responsible for such faults and defects, or for any statements contained in the particulars of the property prepared by the said agents.
  
• (b)
  The purchaser shall be deemed to acknowledge that he has not entered into this contract in reliance on any of the said statements, that he has satisfied himself as to the contents of each of the said statements by inspection or otherwise, and that no warrently or representation has been made by the vendors or the said agents in relation to or in connection with the property.
  
• (c)
  Any error, ommission or mi-statement in any of the said statements shall not entitle the purchaser to rescind or to be discharged from this contract, nor give either party any cause for action.
  
• (d)
  All measurements and distances are approximate. The electrical, drainage, water and heating installations have not been tested by the Agents. (The normal enquiries carried out by a purchaser's Solicitor and the type of inspection undertaken by the purchaser's Surveyor have not been carried out by the selling agents for the purpose of preparation of these particulars). Interested prospective purchasers are recommended to obtain an independent survey report on this property.
  
• Health and Safety
  The Auctioneers advise all prospective purchasers when viewing the proeprty to take due care.
  
• Method of Sale
  The land will be offered for sale by public auction on Thursday 10th November 2011. The purchaser will be expected to pay a deposit of 10% of the purchase price at the fall of the hammer. The auctioneers reserve the right on behalf of the vendor to divide, alter or amalgamate any of the lots either prior to or at the auction if required and also sell the lots in any order.
  
• Conditions of Sale
  The property will be sold subject ot he special conditions of sale incorporated in the Contract which has been prepared by the vendors solicitors. The Contract and Special Conditions of Sale will be available for inspection at the offices of the agents and the vendors solicitors for seven days prior to the date of the auction. The purchaser will be deemed to have notice of such conditions and all the terms thereof and will be deemed to bid on these terms whether or not the purchaser has inspected them. The Speical Conditions of Sale having been availble to the purchaser, will not be read out al the auction.
  
• Viewing
  Strictly by prior appointment with the agents - McCartneys. Tel: 01547 528621.
  
• Detailed Particulars
  7.10 Acres of Sound Pasture Land being Land known as The Gallows, Tumpy Close and Hopyard. Comprising two enclosures, the land benefits from excellent roadside access, shade and a natural water supply via a stream along the southern boundary.
  
• Schedule
  NG No Acreage 4683 4.30 6184 2.80 7.10 acres