Collective Auction November Tuesday 14th November 2017 at 6:30 pm. The Coppice Suite, The Sketchley Grange Hotel, Burbage, Hinckley LE10 3HU

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1 Collective Auction November 2017 Tuesday 14th November 2017 at 6:30 pm The Coppice Suite, The Sketchley Grange Hotel, Burbage, Hinckley LE10 3HU howkinsandharrison.co.uk SALES / LETTINGS / COMMERCIAL / FARM & RURAL / PLANNING & DEVELOPMENT / AUCTIONS

2 Our Farm & Rural Team Rugby Welcome Jeff Paybody BSc (Hons) MRICS FAAV Tim Howard BSc (Hons) MRICS Jennifer Whitton BSc (Hons) MRICS FAAV Jeremy Watson BSc (Hons) MRICS FAAV As we head towards the end of 2017, Howkins & Harrison is not only forging ahead with a major rebrand to bring the logo, company and website up to date with a new and modern design but we are also hosting our first joint collective property auction to combine the skills and geographical coverage of our offices. We have sold property in south Northamptonshire, east Leicestershire and north Derbyshire and we felt the time was right to look at bringing our offices, coverage and skills together with a view to getting positive results for our vendors and purchasers alike. Within the catalogue are full details of the lots on offer, we will make any necessary announcements before the sale of any changes that are not described within the brochure. The legal packs will be available electronically a couple of weeks before the sale so please get in touch if you would like one to be sent to you. If you have any questions then please let us know, we will be happy to help and if you are intending to bid, good luck! Joshua Peat BSc (Hons) joshua.peat@howkinsandharrison.co.uk Atherstone Emily Powell BSc (Hons) emily.powell@howkinsandharrison.co.uk Jenny Hannah jenny.hannah@howkinsandharrison.co.uk The catalogue contains two blocks of agricultural land in Stapleton, Leicestershire and Harborough Magna in Warwickshire together with land and buildings with planning permission for residential conversion in Warwickshire. Tim Howard Peter Bennett BSc (Hons) FRICS FAAV peter.bennett@howkinsandharrison.co.uk Ashby de la Zouch James Collier BSc (Hons) MRICS FAAV james.collier@howkinsandharrison.co.uk Tori Whinder BSc (Hons) PgD MRICS tori.whinder@howkinsandharrison.co.uk Charles Crawford BSc (Hons) charles.crawford@howkinsandharrison.co.uk Lots available Welcome 1 [1] Land at Rugby Road, Harborough Parva, Warwickshire CV23 0HL 2 [2] Land at Ashby Road, Stapleton, Leicestershire LE9 8JD 4 [3] Building Plot, Austrey Road, Warton, Tamworth B79 0HN 6 [4] Lingfield Farm, Weddington Meadows, Nuneaton CV10 0RN 8 General Property Information For Each Lot Offered 10 Ian Large BA (Hons) MSc MRICS FAAV Michael Fallowell FRICS FAAV Paul Lees BSc (Hons) FAAV Anna Meynell BSc (Hons) FAAV Auction Buyers Guide 11 ian.large@howkinsandharrison.co.uk michael.fallowell@howkinsandharrison.co.uk paul.lees@howkinsandharrison.co.uk anna.meynell@howkinsandharrison.co.uk Towcester Simon Harris MRICS FAAV Andrew Pinny MRICS Investment Residential Agricultural Development simon.harris@howkinsandharrison.co.uk andrew.pinny@howkinsandharrison.co.uk Collective Auction November

3 Sketchley Grange Hotel Tuesday 14th November 2017 Land at Rugby Road, Harborough Parva, Warwickshire CV23 0HL A useful block of pasture land with well defined boundaries, road frontage and mains water Extending in all to approximately acres (9.69 hectares or thereabouts) Guide price 120, ,000 Contact our Rugby office Situation The land is situated south of the village of Harborough Parva on Rugby Road approximately 3 miles to the north of Rugby town centre. The land is within easy reach of the A5 leading north and south together with the M6 leading north from junction 2 or the M6, A1 and A14 Catthorpe Interchange to the south. Coventry (10 miles) and Nuneaton (7 miles) are also within easy reach and the situation of the property is shown in more detail on the location plan. A useful block of pasture land which slopes gently down to the east with well defined hedge boundaries and an access track from Rugby Road. The land has a number of undulations making it an interesting parcel of land for agricultural use but more particularly equestrian use and in the opinion of the agent the possibility of being able to erect a small agricultural building or stables is possible subject to obtaining the necessary planning consents from Rugby Borough Council. The land is classified as Grade 3 according to the Ministry of Agriculture Land Classification plans and as part of the Crew Soil Series being a slowly permeable reddish clay and fine loam over clay soil. Schedule of Acreages OS. No. Acres Hectares Rights of Way A gas line and public footpath cross the property. Restrictive Covenant Not at any time hereafter to build, erect or place or allow to be built, erected or placed on the property or any part thereof any hut, tent, temporary dwelling, caravan, house on wheels or encampment intended for use as a dwelling. Clawback The vendor reserves the right to receive 30% of any increase in value due to any residential or commercial development that takes place on the land for a period of 30 years from the point of sale. For the avoidance of doubt this will not include the construction of agricultural or equestrian buildings. Viewing During daylight hours with a copy of the brochure to hand. Local Authorities Rugby Borough Council Tel Vendor Solicitor Keith Harvey & Company, 43 High Street. Market Harborough, Leicestershire LE16 7AQ, reference Sarah Collins, telephone , sarah@keithharveyandcompany.co.uk SP Pasture SP Pasture SP Pasture Totals Basic Payment Scheme The land is registered to receive entitlements and the vendor will transfer these entitlements upon completion as part of the sale process and in accordance with guide lines set out by the Rural Payments Agency. The purchaser will be expected to agree to keep the land in good agricultural and environmental condition for the calendar year until the land is registered and entitlements have been activated in the name of the purchaser. Mains water is connected to the land, mains electricity is not connected but is available in Rugby Road. 4 Collective Auction November 2017 Collective Auction November

4 Sketchley Grange Hotel Tuesday 14th November 2017 Land at Ashby Road, Stapleton, Leicestershire LE9 8JD A productive block of pasture land which could be converted into an arable rotation within a ring fence and with road frontage Extending in all to approximately acres (13.01 hectares or thereabouts) Guide price 300,000 Contact our Rugby office Situation The land is situated to the north of Stapleton (1 mile) on Ashby Road which leads from Hinckley (6 miles) to Ashby de la Zouch (10 miles). The A447 Ashby Road also gives access to Market Bosworth approximately 3 miles to the north west and Coalville approximately 5 miles to the north east. The A5 gives access north and south and is approximately 8 miles distant and junction 21A of the M1 is approximately 8 miles to the east with junction 21 at the M69 roundabout approximately 10 miles to the south east. The situation of the property is shown in more detail on the location plan. The land is in a single block within a ring fence, there are three fields of similar size, two are currently down to pasture with one in Triticale but which have been farmed in a way to allow conversion to an arable rotation. In the past the land has been cut for silage as well as grazed by cattle with field 2730 currently in Triticale stubble. The land is classified as Grade 3 on the Ministry of Agriculture Land Classification plans and being part of the Beccles 3 Series, being a slowly permeable fine loam over clay soil suitable for growing winter cereals and short term grassland. Although no Environmental Impact Assessment with Natural England has been carried out as it is not necessary, the vendor can provide the relevant farm records to the purchaser if required. The land is relatively level and enclosed by a mixture of mature hedge and wooden post and wire fence boundaries and is accessed via an established hardcore access track off Ashby Road running along the north western boundary for the entirety of the land. The crop rotation and acreages are detailed below. Schedule of Acreages OS. No. Acres Hectares SP Temporary grass SP Temporary grass The purchaser will be expected to agree to keep the land in good agricultural and environmental condition for the calendar year until the land is registered and entitlements have been activated in the name of the purchaser. Mains water is available, it will be the responsibility of the purchaser to make a new connection with the existing supply being capped by the vendor. Rights of Way The track shown grey on the plan will be transferred to the purchaser but rights of way will be retained for all purposes for the owner and occupier of Woodview Farm as well as an existing right of way being in place for the owner of Manor Lodge Farm. Restrictive Covenant Not at any time hereafter to build, erect or place or allow to be built, erected or placed on the property or any part thereof any hut, tent, temporary dwelling, caravan, house on wheels or encampment intended for use as a dwelling. Clawback The vendor reserves the right to receive 30% of any increase in value due to any residential or commercial development that takes place on the land for a period of 30 years from the point of sale. For the avoidance of doubt this will not include the construction of agricultural or equestrian buildings. Viewing During daylight hours with a copy of the brochure to hand. Local Authorities Hinckley & Bosworth Borough Council Tel Vendor Solicitor Shakespeare Martineau, Shakespeare House, Bridgeway, Stratford-upon-Avon CV37 6YX, telephone , reference Peter Snodgrass, peter.snodgrass@shma.co.uk SP Triticale Totals Basic Payment Scheme The land is registered to receive entitlements and the vendor will transfer these entitlements upon completion as part of the sale process and in accordance with guide lines set out by the Rural Payments Agency. 6 Collective Auction November 2017 Collective Auction November2017 7

5 Sketchley Grange Hotel Tuesday 14th November 2017 Building Plot, Austrey Road, Warton, Tamworth B79 0HN A rare opportunity to purchase a building plot with planning permission for a bungalow at the centre of a thriving village Guide price 80, ,000 Contact our Ashby office Situation The subject property is located at the heart of Warton (in between 23 and 25 Austrey Road). Warton is located in north Warwickshire 5 miles to the east of Tamworth and 4 miles to the north west of Atherstone. The village enjoys good pubs, a social club, a village shop and a primary school. Travel Distances - Polesworth 2 miles - Atherstone 4 miles - M42 Junction miles - Tamworth 5 miles - Birmingham 20 miles The subject property includes 2 red brick buildings and an area of hardstanding and has the benefit of planning permission to demolish the buildings and erect a 2 bedroom bungalow. Once built the bungalow will include the following accommodation: Lounge: 4.6m x 3.49m, Kitchen Diner: 5.1m x 2.3m, Bedroom 1: 4.9m x 2.95m, Bedroom 2: 3.9m (max) x 2.83m, Hall (approx) 1.8m x 2.3m. The approximate gross external area of the bungalow is 867 square feet. The permission also includes provision for two timber sheds and greenhouse. There is to be a large patio and a garden to the rear and a parking area to the front. The property benefits from surface water drainage. No other services are connected albeit it is believed that connections are available from the main road. Purchasers must make their own enquiries as to the availability of services. Planning Permission The property benefits from full planning permission as per application reference PAP/2017/0304 dated 28th of September The description of the development is: Demolition and removal of existing structures and hard standing areas and the construction of a 2 bedroom bungalow. A link to the decision and planning documents is as follows: northwarks.gov.uk/portal/servlets/applicationsearchservlet?pkid= Viewing During daylight hours with a copy of the brochure to hand. Local Authorities North Warwickshire Borough Council Tel: Vendor Solicitor Mr Gerard Whitehouse, Shakespeare Martineau, No 1 Colmore Square, Birmingham B4 6AA. Direct Line , Office gerard.whitehouse@shma.co.uk Access The property is accessed directly off Austrey Road via a gated entrance. 8 Collective Auction November 2017 Collective Auction November

6 Sketchley Grange Hotel Tuesday 14th November 2017 Lingfield Farm, Weddington Meadows, Nuneaton CV10 0RN An exciting opportunity to purchase a smallholding with planning permission for a new residential dwelling, farm buildings and approximately acres of pasture land Guide price 400,000 Contact our Atherstone office Situation Lingfield Farm is ideally located close to Nuneaton and Hinckley with easy access to the A5, A444 and A47. The nearby town of Nuneaton provides a range of amenities including supermarkets and other day to day services. Sandon Park and the River Anker also border the property along with plenty of mature trees and hedges. Travel Distances - Nuneaton 2.1 miles - Hinckley 6.4 miles - Tamworth 15.6 miles - Coventry 12.4 miles - Leicester 20.1 miles - Birmingham 26.1 miles - Rugby 20.6 miles Schools - Higham Lane School 0.8 miles - Camp Hill Primary School 0.8 miles - Queens Academy 1 mile - Twycross School 7 miles - Dixie Grammar School 15 miles The property comprises a number of farm buildings and pasture land, extending to a total of acres. The property has the benefit of planning permission for a new residential dwelling and farm buildings. Currently on site there is: Building 1 (13.57m x 9.45m) A modern steel framed building with concrete walls and Yorkshire boarding with asbestos sheet roof. Building 2 (22.47m x 14.54m) Steel portal framed building adjoining building 1. Building 3 (17.01m x 4.1m) A modern steel portal framed building with cladding to the roof and sides Land Approximately acres of pasture land surrounding the farmstead split into paddocks with a mixture of fencing, mature hedge and tree borders. Access Access to the property is via Stoney Road off Tuttle Hill. Stoney Road is a private road approximately ¼ of a mile long. Planning Permission The property benefits from a CLUED application to retain the residential use on the site (application number ) Full planning permission (application number ) has been granted for the erection of a replacement dwelling to include garages, office/workshop and associated garden area along with a new range of farm buildings. Overage Clause The property is sold subject to an overage for 25 years which would claw back 25% of any uplift in value attributed to a residential or commercial planning permission. For the avoidance of doubt any equestrian or agricultural permission would not trigger the overage. The overage only affects the agricultural land and not the area where the buildings and planning permission for the house is. A plan showing the overage area is available in the sale contract and upon request. The property has the benefit of mains water and mains electricity, however, it should be noted that these supplies were cut off following a fire at the property in There is no mains gas or mains sewerage connected to the property. Easements, Wayleaves and Rights of Way The property is sold subject to and with the benefit of all easements, rights of way and wayleaves that may exist at the time of the sale whether disclosed or not. Viewing Viewing is strictly by appointment with Howkins & Harrison. Please contact the Atherstone Office on tori.whinder@howkinsandharrison.co.uk Local Authorities Nuneaton & Bedworth Borough Council Tel: Vendor Solicitor Fisher Dewes Solicitors, 2 Bolebridge Street, Tamworth, Staffordshire B79 7PA. Reference David Sketchley, david.sketchley@fisher-dewes.co.uk, Collective Auction November 2017 Collective Auction November

7 General Property Information For Each Lot Offered Auction Buyers Guide This guide is designed to help buyers who are new to buying property at auction in particular a Howkins & Harrison auction, and how the process works. Tenure All the properties are offered freehold unless stated otherwise. Possession Vacant possession will be given upon completion which will be set for 28 days from the date of the auction unless specified otherwise at the sale. Please note that none of the services listed as being connected have been tested and the purchaser should note that it is their responsibility to make their own enquiries with the appropriate authorities as to the location, adequacy and availability of mains water, gas, electricity and drainage services. Rights of Way Etc. All the properties are sold subject to and with the benefit of all rights of way, easements and wayleaves that may exist whether or not they are disclosed in the particulars. Boundaries and Fencing Boundary ownership where known is indicated on the plans by an inward marked T. Plans, Areas and s The plans, areas and descriptions are believed to be correct in every way, but no claim will be entertained by the vendor or the agents in respect of any error, omissions or misdescriptions. The plans are for identification purposes only. Crown Copyright The plans under Crown Copyright are published for the convenience of identification only and although believed to be correct, their accuracy is not guaranteed and they do not form part of the sale contract. The plans are based upon the Ordnance Survey Maps with the sanction of the Controller of HM Stationery Office, Crown Copyright Reserved. Method of Sale Although it is intended that the properties should proceed to auction, the vendor reserves the right to either sell the property prior to the auction or to withdraw the property from the auction. The properties will be offered subject to an undisclosed reserve price and the vendor reserves the right for the auctioneers to bid on their behalf up to the reserve price. The properties are offered for sale by public auction, (unless sold previously) on 14th November 2017 at The Sketchley Grange Hotel, Burbage, Hinckley LE10 3HU. Purchasers should be aware of the following information with regard to the purchase of property at public auction:- 10 The purchaser will be bidding on the basis that they have read and understood the Conditions of Sale and have seen a copy of the contract whether or not they have done so. 20 At the fall of the hammer the purchaser will be expected to sign a contract and pay a 10% deposit (not in cash). 30 Completion of the purchase will take place 28 days after the auction unless specified otherwise. 40 The purchaser will be responsible for reimbursement of the cost of the local searches carried out prior to auction, this cost will be outlined in the sale contract and will be payable to the vendor s solicitor. Conditions of Sale The property is sold subject to the General and Special Conditions of Sale prepared by the vendor s solicitor which may be inspected during usual office hours at the solicitor s or the agent s offices 14 days prior to the date of sale. The Conditions of Sale may be inspected in the sales room before the auction but they will not be read out at the sale. The purchaser will be deemed to have bought the property on these conditions whether or not he has inspected them. The property is sold subject to a reserve price. (See 2.3 of the Standard Conditions of Sale (Fourth Edition)). Lotting The vendor reserves the right to offer the property for sale in any order other than that described in these particulars, to sub-divide, amalgamate or withdraw the property from sale without prior notice. Important Notice 10 These particulars have been prepared in all good faith to give a fair overall view of the property. If any points are particularly relevant to your interest in the property please ask for further information. 20 Nothing in these particulars shall be deemed to be a statement that the property is in a good structural condition or otherwise, nor that any services, appliances, equipment or facilities are in good working order. Purchasers should satisfy themselves on such matters prior to purchase. 30 The photograph/s depict only certain parts of the property. It should not be assumed that any contents, furnishings / furniture etc. photographed are included in the sale. It should not be assumed that the property remains as displayed in the photograph/s. No assumptions should be made with regard to parts of the property that have not been photographed. Please ask for further information if required. 40 Any areas, measurements or distances referred to are given as a GUIDE ONLY and are not precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries or those which can be performed by their appointed advisers. Money Laundering Regulations Under the new money laundering directive (SI 2017/692) we, as auctioneers and estate agents, are required by the HMRC to obtain proof of identity of all potential and prospective purchasers, therefore, if you are intending to bid you will need to bring the appropriate identification in the form of photographic driving licence or passport together with a current utility bill showing the same name as the photographic id. Please be aware of this and have the information available and prior to the auction at registration. Please note that we are unable to accept cash or debit or credit cards. The deposit should be paid by cheque, banker s draft or by prior arrangement using a telegraphic or electronic transfer. To further comply with the regulations, buyers will be required to also provide their proof of identity, in the form of a photographic driving licence or passport together with a current utility bill to the solicitor who is collecting the deposit monies. Check guide prices Guide prices are shown in the auction catalogue but are sometimes subject to change. Please note: Guide prices are not necessarily figures at which a property will sell, nor are they the reserve prices. They are only intended to be an indication of the seller s expectation. Reserve Prices All lots offered for sale are subject to a reserve price (this is the sum below which we are not authorised to sell the property). Unless otherwise stated, the level of the reserve is confidential between the vendor and auctioneer. The auctioneer has the authority to bid on behalf of the vendor up to the reserve price to ensure the property is not sold lower than the price at which the vendor has stated. Sales Particulars Information on all properties for sale, along with dates of future auctions, can be obtained by going to You will have access to the current catalogue about four to five weeks prior to an auction sale. Registering with us to receive catalogues by ensures you receive the catalogue first. Identify lots Look through the catalogue and identify the lot or lots which may be of interest to you. A list of properties can be found at the front of the catalogue. Inform the auctioneers which property you are interested in, so you can be informed of any changes or additions to the property details as soon as possible. Changes to information Occasionally changes need to be made to the lot information or the special conditions of sale. Where possible you will be informed of these changes if you have registered your interest, however, they will be read out on the night of the auction but you will not have an opportunity to discuss these changes once the auction has commenced, therefore, before you get ready to bid, it is essential that you check for any changes that may have occurred, even up to the night of the auction. View the property Please call or us to arrange a convenient time for viewing. If a property is particularly popular there may be group viewings, you will be advised if this is the case. Obtain legal advice It is important that you obtain independent legal advice before bidding. The vendor s solicitors prepare legal packs containing (where applicable) home information packs, energy performance certificates, special conditions of sale, title deeds, leases, office copy Land Registry entries, searches and replies to pre-contract enquiries. These may be available by from us. Alternatively, they will be available from the vendor s solicitors. These documents should be passed to your legal adviser to help you make an informed decision about the lot. If you need further legal information please contact the vendor s solicitor whose details will be in the catalogue. Legal packs will usually be available for inspection in the auction room. It is important to note that you buy subject to all documentation and terms of contract whether or not you have read them. Arrange finance To buy at auction, you must have ready funds available for the deposit amount, 10% of the purchase price. The balance of the funds will be payable upon completion which is usually 28 days after the sale. If you do need to arrange a mortgage it is important that you obtain an offer in principle from your lender before the auction day. Most building societies and banks will wish to instruct a surveyor to prepare a valuation report before making a mortgage offer so you will need to make your mortgage application as early as possible. You will usually need to complete your purchase up to 28 days after the day of the auction. You should discuss this with your lenders to make sure that this will not be a problem. Make sure you do not forget stamp duty, legal and surveyor s fees and mortgage fees. Obtain a survey or seek further advice If you wish to obtain a survey or let an architect or builder inspect, please ask your surveyor to call us directly to make arrangements for access to the property. Making an offer prior to the auction You can make an offer (which should be in writing, by fax or by ) for a property at any time up to the date of the auction. If your offer is accepted you will have to be in a position to exchange contracts and pay your deposit immediately. Some vendors may not be willing or able to accept offers prior to auction. What if I cannot attend the auction? We recommend you attend the auction. If you cannot you should make arrangements for an agent or another party to act on your behalf and bid for the property. Please note that if you bid on a property you are personally liable for an accepted bid even if you act as an agent for another party. We do not accept telephone or proxy bids. Bidding The onus is on you to ensure that the auctioneer is aware of your bid. Please do not leave your bid until the last moment. The auctioneer is under no obligation to accept a bid and the auctioneer need not explain why. If there is a dispute over the bidding the auctioneer is entitled to resolve it at his discretion. The vendor may bid or ask the auctioneer to bid on his behalf up to the reserve price but may not take a bid equal to or exceeding the reserve price. Auction Procedure Properties will be offered for sale in lot order unless otherwise stated. Bids will be invited and normally the highest bidder over the reserve will be the purchaser. The auctioneer reserves the right to regulate the bidding and to refuse any bid at his sole discretion. He also reserves the right to re-offer the property at his discretion. Exchange of Contract If your bid was the highest bid at the fall of the hammer you will be deemed to have exchanged contracts to purchase the property at that point. You will then be required to sign a contract and pay a deposit, normally amounting to 10% of the purchase price. Property Insurance Please note that you as the purchaser are immediately responsible for insuring the property from the moment you exchange contracts. Completion If you are successful in buying one of the lots at auction, completion will take place 28 days after the auction date unless otherwise stated. Understand all Terms and Conditions Buying property at auction is different from buying property privately and we strongly advise potential purchasers to check that they have read and understood all the various legal documents and terms & conditions. Please read the common auction conditions which have been prepared by the RICS, so that you are familiar with the legal requirements for when you buy at auction Collective Auction November 2017 Collective Auction November

8 howkinsandharrison.co.uk Providing total property, land and estate services for residential, commercial and rural clients since 1888 Now with a brand new look Keeping our eye on the rural market Since 1888 our proactive approach to our work and being able to keep our eye on the rural market ensures we can advise our clients on all aspects of property management and ownership. We help our clients to take advantage of new legislation and schemes whenever they arise. SALES / LETTINGS / COMMERCIAL FARM & RURAL / PLANNING & DEVELOPMENT / AUCTIONS Ashby de la Zouch Atherstone Daventry London Lutterworth Northampton Rugby Towcester ASHBY DE LA ZOUCH ATHERSTONE DAVENTRY HENLEY-IN-ARDEN LONDON LUTTERWORTH howkinsandharrison.co.uk NORTHAMPTON RUGBY TOWCESTER

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