For Sale by Informal Tender. All Offers must be recieved by 12 noon Tuesday 6th June 2023.


Situation and Description
The Property is located approximately 1.4 miles to the south of Long Eaton close to the Derbyshire/ Nottinghamshire border. The Property is accessed off Pasture Lane and benefits from two access points with a section of hardstanding to provide a useful parking area.

The Property extends to about 66.78 acres (27.02 hectares) comprising a versatile and attractive lake, mixed deciduous woodland with glades and grassland in a ring fence. The Property was previously utilised for mineral extraction and has been restored to provide a peaceful and nature-rich habitat well served by internal paths.

Tenure and Possession
There is a subsisting tenancy at will in respect of part of the freehold of the Property but it is intended that the entirety of the freehold of the Property will be sold with vacant possession
available on completion

The Property is offered for sale by Informal Tender and is available as a whole. Interested parties should obtain a tender form from the selling agent should they wish to submit an offer/s. All offers muct be received by 12 noon Tuesday 6th June 2023.

Public Rights of Way, Wayleaves and Easements
The Property is sold subject to all rights of way, wayleaves and easements whether or not they are defined in this brochure.

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.

Mineral, Sporting & Timber Rights
The sporting and timber rights are included within the freehold of the Property in as far as they are owned. The minerals at the Property have previously been worked and the remaining mines and minerals are excluded from the freehold sale. The Vendor will retain no rights of working in respect of the minerals.

Nitrate Vulnerable Zone (NVZ)
The Property lies within a Surface Water NVZ Area and is subject to the usual restrictions.

VAT
The vendor has not opted to tax under Value Added Tax. Should any part of the Property or any right attached to it become a chargeable supply for the purposes of Value Added Tax (VAT), such tax will be payable by the Purchaser in addition to the Purchase Price.

Overage and Disposal Restriction
The Property will be sold subject to an overage provision which will specify that 50% of any increase in value due to development (as defined in Section 55 of the Town and Country Planning Act 1990) to include permitted development will be payable to the vendors or their successors in title should such development occur within 25 years from the date of completion. The uplift will be payable upon implementation or on a future sale with the benefit of a planning consent.

The sale will be subject to a 12-month disposal restriction whereby the purchaser covenants with the seller not to make any Disposal save for Permitted Disposals at any time during the Restricted Period without first procuring that the person to whom the Disposal is being made has executed a Deed of Covenant.

Restricted Period: means the period of 1 year starting on the date of this transfer and ending at midnight on the day immediately preceding the first anniversary of the date of this transfer.

Title and Restrictive Covenants:
The Property is registered under Title Number: DY387162 (Freehold Title).

Carbon/biodiversity/nutrient neutrality Offsetting – The Property is sold with a restrictive covenant preventing the use of the Property for carbon/biodiversity/nutrient neutrality offsetting without prior approval of the vendor.

Drinking Water – The Property is sold with a restrictive covenant preventing the use of the Property for abstraction of water for drinking purposes.

Services
There are no services connected.

Conditions of Sale
The purchaser will be obligated to erect a post and rail fence between points A and B (as shown on the sale plan).

Local Authority
Erewash District Council

Viewings
Viewing days have been arranged and attendance is by strict appointment through the selling agents, Fisher German LLP. Please contact the selling agent for further details. Interested parties must not attempt to access the Property unaccompanied.

Directions:
The nearest postcode is NG10 2FZ

What3words: ///look.issue.humble

From Long Eaton town centre head west along Waverly Street for approximately 0.6 miles. At the roundabout, take the second exit onto Meadow Lane and continue for approximately 0.4 miles. Turn right onto Pasture Lane, the main access is on the right hand side after approximately 0.5 miles.

Health And Safety
For you own personal safety we ask you to take great care and be as vigilant as possible when undertaking an inspection of the Property.