About this property

Detailed Description

DESCRIPTION
The property is approximately 0.78 acres of amenity/grazing land that is currently occupied by a grazier. It may have some development potential (STPP) as it is located adjacent to other commercial uses.

Location

LOCATION
The land is situated to the north of the village of Warmington in the county of Warwickshire. It is approximately 5.70 miles north west of Banbury, 8.20 miles south of Southam and 13.30 miles east of Stratford-upon-Avon.

Business Rates

The property may benefit from Small Business Rates Relief which may reduce the rates payable. Please contact the agents for more information.

Other

METHOD OF SALE
The property is offered For Sale by Private Treaty.

TENURE AND POSSESSION
There is currently an occupier on this land. This was originally a grazing licence but this may have now potentially become a Farm Business Tenancy.

BASIC PAYMENT SCHEME
The land has historically been registered for payments under the Basic Payment Scheme and all entitlements relevant to the land will be retained by the vendor and are not available to the purchaser on completion of the sale. The land will be transferred on the RPA system to the purchaser on completion.

SERVICES
There are no services connected to this land.

SPORTING, MINERAL AND TIMBER RIGHTS
Sporting, mineral and timber rights will be included within the freehold so far as they are owned by the Vendor.

DEVELOPMENT CLAWBACK
The Vendor reserves the right to receive 30% of any uplift in value in the event that planning permission is granted (payment on the earlier of sale or implementation) for any use other than agricultural, running for a period of 30 years from the date of completion.

WAYLEAVES, EASEMENTS & RIGHTS OF WAY
The land is offered For Sale subject to all existing rights including rights of way, whether public or private, light, support, drainage, water, gas, electricity supplies, and mineral rights, easements, quasi-easements or wayleaves whether or not referred to in these particulars.

ACCESS
Accessed directly off the B4100, Banbury to Warwick Road.

WHAT 3 WORDS LOCATION SEQUENCE
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VIEWING
Viewing is strictly by appointment with Brown & Co. Please contact:
Tom Birks - 01295 220220 - tom.birks@brown-co.com
Will Gasson - 01295 22200 - william.gasson@brown-co.com

PLANS, AREAS AND SCHEDULES
This has been prepared as carefully as possible and is based on the Land Registry Title Plan however, it is not to scale. The plans are published for illustrative purposes only and although they are believed to be correct, their accuracy is not guaranteed.

BOUNDARIES
The purchaser will be deemed to have full knowledge of all boundaries comprising the property. Neither the vendor nor their agents shall be responsible for defining the boundaries of the ownership thereof.

ANTI-MONEY LAUNDERING REGULATIONS
In accordance with most recent Anti-money Laundering legislation, purchasers will be required to provide proof of identity and address to the Vendor's agents once an offer has been submitted and accepted (Subject to Contract) prior to solicitors being instructed.

GENERAL REMARKS AND STIPULATIONS
These particulars are Subject to Contract.