£240,000

Land for sale

Oxfordshire, OX7 4BD
studio Flat studio Flat
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Property description

For Sale By Public Auction

A unique opportunity to acquire a parcel of pastureland on the outskirts of the picturesque village of Swerford, extending to approximately 24.79 acres (10.03 ha). The land benefits from direct road frontage. The land is located just outside the attractive village of Swerford, approximately 4 miles east of Chipping Norton and around 7 miles southwest from the town of Banbury. The land is also conveniently located close to the esteemed Soho Farmhouse.

The land is classified as Grade 3 land under the Agricultural Land Classification of England and Wales Maps (1988) and Provisional Agricultural Land Classification (ALC) updated May 2020.

Services
The are no services connected to the land and interested parties must make their own enquiries to the relevant authorities.

Sporting, Timber, and Mineral Rights
It is assumed that the sporting, timber and mineral rights insofar as they exist are included in the freehold sale.

Rights of Way, Wayleaves, Easements & boundaries
There is a public footpath that runs north-south over the west parcel of land (please see attached Plan for further detail). Overhead cables are present on the southern boundary of the land - the agent has not seen a copy but assumes all necessary wayleaves are available. There are no other known rights of way over the land.

Planning permission has been approved for a new agricultural field gate access off the highway. The full application can be found on the Cherwell e-planning system reference: 25/01217/F.

Transfer of part of Title ON333613

Sheldon Bosley Knight Land and Property Auction
Wednesday 22nd October at 6.00 pm
Hinckley Golf Club

Auctioneer Note - The land is sold subject to a new restrictive covenant - please review the legal pack for further information.

The land is subject to a Countryside Stewardship Mid Tier agreement GS2 - Permanent grassland with very low inputs (outside SDAs). The agreement commenced 1 January 2022 and runs until 31 December 2026.

Auction Terms - The property will unless previously withdrawn, be sold subject to the Special and General Conditions of Sale, which have been settled by the Vendor’s Solicitor and are contained within the Auction Legal Pack. This pack is available to download to registered bidders. 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.

The sale of this property will take place on the stated date by way of a live, in-room auction and is being sold as Unconditional with a Fixed Fee. Some sellers may consider a pre-auction offer, and the Lot may be sold or withdrawn before the auction.

Binding contracts of sale will be exchanged at the point of sale.

Auction Deposit And Fees - The following deposits and non-refundable auctioneer’s fee apply. These will need to be paid to the auctioneer on exchange of contracts:

•10% deposit (subject to a minimum of £5,000)
•Buyer’s Premium of £1,500 inc. VAT
•Search pack of £775 inc. VAT

There may be additional costs listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. These additional costs will be payable to the seller’s solicitor on Completion. You must read the Legal Pack carefully before bidding.

Guide Price & Reserve Price - 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 4th Edition).

Plans - Plans shown are for identification purposes only.

Services - The are no services connected to the land and interested parties must make their own enquiries to the relevant authorities.

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Tenure And Possession - The land is freehold. Vacant possession will be given upon completion which is normally 20 working days after the auction. Please refer to the Legal Pack for further details.

Bidder Registration And Auction Legal Pack - If you would like to register to bid, please head to the following link: passport.eigroup.co.uk/bidder-registration/sheldon-bosley-knight/

You can opt to bid in person, online, by telephone or by proxy. You will also be able to download the Auction Legal Pack for the Lot you are interested in here: auctioneertemplates.eigroup.co.uk/guides.aspx?a=1236&c=sbk

The Auction Passport requires you to input the details of your solicitor. If you would like to use our own preferred solicitors, please let us know and I will arrange for a quote to be sent to you.

If this is the first time you have accessed Auction Passport, just press the green button on the left-hand side ‘Click here to sign up for free' to create a new account.

Legal Documents & Additional Costs - It is essential bidders check the legal documents prior to bidding and take professional advice. Special Conditions of Sale can contain additional costs (that is costs over and above the price the lot is ‘knocked down’ at) and bidders are deemed to be aware of any additional costs prior to bidding.

Viewings - All viewings are by appointment only through the Auction Department
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Oxfordshire, OX7 4BD

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Sheldon Bosley Knight - Auctions 35-36 Rother Street Stratford-upon-Avon CV37 6LP
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