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Guide price £1,500,000 Sold

Sold

  • 242.33 Acres

Land for sale Langley Road, Wolverton, Stratford Upon Avon, Warwickshire, CV37

Circa 242 acres of attractive mainly arable land with an extensive range of modern and traditional buildings subject to an Agricultural Holdings Act tenancy. FOR SALE BY ONLINE AUCTION

  • ONLINE AUCTION 30th NOVEMBER 2023 5PM
  • Well managed land
  • Two ring fenced blocks
  • Circa 180 acres of arable & 56 acres of permanent pasture
  • Some wooded areas (circa 6 acres)
  • Extensive range of modern and traditional buildings
  • Edge of village position
  • Multiple access points
  • The majority, subject to AHA tenancy
  • In all about 242.33 acres (98.07 hectares)
  • For sale Freehold and subject to tenancy as a whole



Situation
The land is situated in open countryside adjacent to the village of Wolverton, just six miles from the centre of Warwick. The land is accessible via a public highway and is located approximately 5 miles from Junction 15 of the M40 Motorway. Junction 5 of the M5 is approximately 24 miles away.

Description
The land and buildings at Manor Farm provide a unique opportunity to purchase a commercially sized block of gently undulating arable and pastureland with woodland along with an array of traditional and modern agricultural buildings. The majority of the property is currently occupied under an Agricultural Holdings Act 1986 tenancy dated 19th September 1977, making it an interesting investment opportunity.

The land is formed of two ring fenced blocks, separated by the Langley Road, and is bounded by mature, tree lined hedgerows and a stream to the northern boundary. The land is served by several access points off the Langley Road and further access points from the Wolverton Road to the eastern boundary. Integral farm tracks provide access to the centre of the land. There is a wooded copse (not tenanted) to the centre of the northern block of land but generally there is little unproductive land.

The land is classified as Grade 3 on the land classification maps and has soils that have grown strong combinable crops. The land is well divided into good sized enclosures, with approximately 180 acres laid to arable and 56 acres laid to pasture, making it suitable for modern farming machinery and the grazing of livestock.

The traditional and modern agricultural buildings are situated on a yard area within the southern block of land and are served by hardcore tracks from the Langley and Wolverton Roads.

To the east of the buildings there is a paddock with road frontage onto the Wolverton Road within the centre of the village.

Services
We believe the land is served by a water connection with mains electricity believed to be connected to the buildings.

Tenure
The property (other than the woodland) is sold subject to an Agricultural Holdings Act 1986 tenancy. The Woodland areas are being sold freehold and not subject to tenancy. A copy of the tenancy agreement is contained within the Legal Pack.

Planning & Local Authority
Stratford-on-Avon District Council

Overage/Development Clawback
The property is not being sold subject to any overage or development clawback provisions.

Public Rights of Way, Wayleaves and Easements
The properties are sold subject to all rights of way, wayleaves and easements whether defined in this brochure or not. The land is crossed by several public rights of way. The properties known as Manor Farm House and Manor Farm Bungalow benefit from private rights of way and easements for services over the property.

Basic Payment Scheme and Environmental Schemes
We believe the land will have been registered for payments under the basic payment scheme but will not be available for transfer. We do not believe the land is subject to any Environmental Schemes.

Sporting, Timber and Mineral Rights
The sporting, timber and mineral rights, so far as they are owned are included within the freehold of the sale.

Important Notices
This property is available for sale by online auction. Interested buyers will need to register in advance and complete an ID verification before being able to place a bid. Buyers should allow sufficient time to complete this process before the time period expires. Full details can be found on Fisher German’s online auction page www.fishergerman.co.uk/currentauctions.

Legal Pack
A legal pack will be available on Fisher German’s online auction page and interested parties will need to register before accessing the legal documents.

Conditions of Sale
The property will, unless previously withdrawn, be sold subject to common auction conditions and special conditions of each sale may be found in the legal documents section of the Fisher German online auction page. Each purchaser shall be deemed to have notice of each condition and all the terms thereof and to bid on those terms whether they shall have inspected the said conditions or not.

Fees
The purchase of this property is subject to a combined Admin fee and Buyer’s Premium of £10,800 including VAT as stated on the auction listing. The buyer will also be required to reimburse the search fees of £1823.38 inclusive of VAT.

Plans and Boundaries
The plans within these particulars are based on Ordnance Survey data and provided for reference only. They are believed to be correct but accuracy is not guaranteed. The purchaser shall be deemed to have full knowledge of all boundaries and the extent of ownership. Neither the vendor nor the vendor's agents will be responsible for defining the boundaries or the ownership thereof.

Viewings
Strictly by appointment through Fisher German LLP.

Directions

Postcode – CV37 0HH

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