Land For Sale

Land At New Works Lane - Lot 3, New Works Lane, New Works, Telford, Shropshire

Guide price £150,000 Sale Agreed


Lot 3 - Approximately 25.43 acres of predominantly grassland.

  • For sale as a whole or in three lots
  • Lot 3 - Approx 25.43 acres, predominantly grassland
  • For sale by informal tender
  • Offers invited by 12 noon on Thursday 23rd June 2022
  • VAT is payable in addition to the purchase price



Description


Lot 3
About 25.43 acres of predominantly grassland, but which includes tracks and about 1.33 acres of wooded areas. The land is divided into three main areas.


Lot 3 includes an access track leading off New Works Lane. If sold in lots, the purchaser of Lot 2 and the vendor will have an unrestricted right of way with vehicles over the first 40 metres of the track, along with the right to install gateways leading into adjoining land. Bridleways and public footpaths cross Lot 3.


Designations
The bulk of Lot 3 lies within the Shropshire Hills Area of Outstanding Natural Beauty. The majority of the land is designated as a surface water Nitrate Vulnerable Zone.


Coal Mining & Aftercare
The majority of the land was previously opencast mined for coal and has now been restored to agricultural use. We understand that restoration of the land was signed off by the Mineral Planning Authority on 28 April 2015. The land was then subject to a 5-year statutory Aftercare Management period which ran from 21 April 2015 to 21 April 2020. Following the Aftercare Management period the land is to be managed in line with the Habitat Management Plan for a further period of 10 years; to 21 April 2030. A copy of both the approved Aftercare Management Plan (Restoration and Aftercare Strategy), the approved Habitat Management Plan and the unilateral obligation are available from Fisher German. All obligations under the Aftercare Management Plan, Habitat Management Plan and unilateral obligation will be passed to the purchasers. Further details supplied by the Environment Agency are available from Fisher German - see the data room access information below.


Planning
For any enquiries regarding planning please consult the local planning authority directly.


Telford and Wrekin Council.


Overage
The property is sold subject to a pre-existing overage clause whereby 50% of any uplift in value on implementation or sale following the issue of planning permission for use other than agriculture or equestrian will be payable to the Vendor. We understand that the clause runs until 2044. The clause benefits Harworth Estates Mines Property Limited.


Cross Rights
If sold in lots, cross rights and reservations will be required.


VAT
The land is elected for VAT which will be payable in addition to the purchase price.


Basic Payments Scheme
The land is registered on the Rural Land Register and is eligible to receive entitlement payments from the Basic Payment Scheme. The payment from the current scheme year will be retained by the vendor. These entitlements are not included within the sale but may be available separately.


Cross Compliance
The purchasers will indemnify the vendor against any non-compliance which results in any penalty or reduction to the vendor.


Environmental Schemes
The land is not subject to any agri-environmental stewardship schemes.


Sporting Rights & Mineral Rights
Where owned the sporting and mineral rights on the land are included in the sale.


Method of Sale
The property is offered for sale by informal tender. Offers, proof of funds and supporting information are to be submitted to Fisher German LLP by 12 noon on Thursday 23rd June 2022. The property is available as a whole or in three lots.


Data Room
Please contact Fisher German for access to the data room.


Public Rights of Way, Wayleaves and Easements
The property is crossed by a number of public rights of way, including footpaths, bridleways and restricted byways. The property is sold subject to all rights of way, wayleaves and easements whether or not they are defined in this brochure.

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Key Information

Brochure
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