House For Sale Northumberland Avenue, Margate, CT9

The above parcel of land will be offered by public auction (subject to prior sale, reserve and conditions) at 6:30pm on Tuesday 23rd April 2024 at The View, Hill Farm Marina, Stratford Road, Wootton Wawen, Warwickshire, B95 6DE.

Introduction - This good block of arable land is in a ring fence, having long frontage to the Redditch Road and lying just to the South of the heart of Alvechurch. The land runs all the way up to the car park for the local railway station (\"Alvechurch\").

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 (
Bromsgrove District Council (
Worcestershire County Council (

Tenure And Possession - The land is Freehold and is registered under title number 'HW62196'. It is being sold subject to a farm business tenancy (FBT) between the landlords and Paul Whitehouse, trading as G S Whitehouse. The tenancy will expire on 28th September 2024. The current rent passing is £5,197.00. A copy of the tenancy agreement will be in the solicitor's auction pack.

The whole of the area being sold is the subject of an option agreement with Gallagher Estates Limited that was dated 27th September 2018 for a term of 8 years, expiring on the anniversary date of the option agreement in 2026. There is the right for Gallagher Estates Limited to extend the option agreement for a further eight years, subject to the payment of £80,000.

Fees - On the fall of the hammer, the successful purchaser will be required to sign the auction contract and pay a 10% deposit (minimum £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. Upon completion, the purchaser will also be required to make a contribution towards the vendor's legal fees of £1,200 (plus VAT).

Rights Of Way And Easements - This property is subject to all rights of way and easements that may exist.

Boundaries And Timber - All growing timber (where owned) is included in the sale.

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 (Earles). Please call the office / ) to arrange a viewing.

Directions - The land is located opposite Alvechurch football club and grounds.

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Vendor's Solicitors - A full auction pack is available from the vendor’s solicitors and their details are as follows:
O'Neill Richmonds Law Firm Ltd
Space Works
Benton Park Road
Newcastle upon Tyne
NE7 7LX

Acting: John O'Neill
Email:
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.