House For Sale Foregate Street, Redditch, B96

£240,000

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 14th May 2024

Description

Totalling 9.82 acres, this site will be offered for sale by public auction (subject to prior sale, reserve and conditions) at 6:30pm on Tuesday 18th June 2024 at The View, Hill Farm Marina, Stratford Road, Wootton Wawen, Warwickshire, B95 6DE.

Introduction - The open marketing of this unique parcel of land gives a prospective new owner the opportunity of acquiring just under 3 acres of lake with an island set in the middle. The lake is fed by five springs, in the bed of the Lake with the overflow carrying on under the road and towards the nearby village of Coughton. In the past, the water was well stocked for fishing and it has also been used as a flight pond for ducks in the late autumn. Much of the surrounding land is well managed pasture and even in dryer summers, it grows good grass. There is a good, gated access from the deep pull-in bay that lies to the West of Wike Lane.

The site is situated to the Eastern edge of the village of Sambourne, on the same lane that runs to Coughton, which is well known for the grand Tudor country residence, Coughton Court, that has been the seat of the Throckmorton family for over six hundred years and is in the ownership of the National Trust.

General Information -

Services - Prospective purchasers should make their own enquiries with the appropriate utility companies for the verification as to the availability (or otherwise) of services.

Authorities - National Grid (
Severn Trent Water (
Stratford-on-Avon District Council (
Warwickshire County Council (

Tenure And Possession - The land is Freehold and vacant possession will be given upon completion, which is scheduled for 28 days after the auction i.e. 16th July 2024 (or earlier by mutual agreement).

Fees - On the fall of the hammer, the successful purchaser will be required to sign the auction contract and pay a 10% deposit (minimum of £5,000) to the vendor's solicitors, together with an administration fee of £800 (plus VAT) to the auctioneers, in the room, on the night.

Rights Of Way And Easements - This property is subject to all rights of way and easements that may exist. It should be noted that there is a short length of public footpath that runs through the Northern part of site, close to the property known as Fern Bank.

Boundaries And Timber - All growing timber (where owned) is included in the sale. The ownership of boundaries (where known) is delineated by an inward facing \"T\" mark.

Sporting And Mineral Rights - Sporting and mineral rights (where owned) are included in the sale of the Freehold.

Plans - Plans are shown for identification purposes (only).

Viewing - Viewing is strictly by prior appointment with the auctioneers and all viewers attend at their own risk. No children or dogs whatsoever are allowed on the site. Please call the office / ) to arrange a viewing.

Directions - What3words:
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Vendor's Solicitors - A full auction pack is available from the vendor’s solicitors and their details are as follows:
Wadsworths Solicitors
325 Stratford Road
Shirley
Solihull
B90 3BL

Acting: Alexandra Tait
Email: alexandra.
Telephone:

Conditions Of Sale - The property will, unless previously withdrawn, be sold subject to the Special and General Conditions of Sale, which have been settled by the vendor’s solicitor. These conditions may be inspected during the usual office hours at the offices of the vendor’s solicitor mentioned in these sales particulars during the five days, exclusive of Saturday and Sunday, immediately before and exclusive of the day of the sale. The conditions may also be inspected in the Sale Room at the time of the sale, but they will not then be read. The purchaser shall be deemed to bid on those terms whether he shall have inspected the Conditions or not.

Money Laundering - Money Laundering Regulations have been introduced by the government, affecting auctioneers, under the Proceeds of Crime Act 2002/Money Laundering Regulations 2007. To comply with this Act, we require all purchasers to pay the deposit by any of the following methods: Bank/Building Society Draft, Personal/Company Cheque. All purchasers will be required to provide proof of both their identity and current address and all parties intending to purchase any property must bring with them the following items: Full UK Passport or Photo Driving Licence (for identification), a recent Utility Bill, Council Tax Bill or Bank Statement (as proof of residential address). These should be presented to the vendor’s solicitor when signing the contract.

Agent's Note - The guide price offers an indication of the price below which the vendor is not willing to sell. It is not necessarily the exact final sale price and is subject to change prior to and up until the day of the auction. Any change in the guide price will reflect a change in the reserve (a figure below which the auctioneer will not be able to sell). The reserve can be expected to be set within the guide range or not more than 10% above a single figure guide (RICS Common Auction Conditions 7th Edition).

Earles is a Trading Style of 'John Earle & Son LLP' Registered in England. Company No: OC326726 for professional work and 'Earles Residential Ltd' Company No: 13260015 Agency & Lettings. Registered Office: Carleton House, 266 - 268 Stratford Road, Shirley, West Midlands, B90 3AD.
Agent Details
John Earle
74, High Street, Henley-in-arden, B95 5BX
Show Contact Number
01564 794 343

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