Land adjacent to Cambridge Road
Land Adjacent To Cambridge Road, CB6 3LW
- 4
Key features
Guide Price: *
£128,000
Fees apply
Buyer's fee:£3,600
All fees include VAT at 20%
Holding Deposit: *£1,400
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£250,000Bid history
1 bidJ
14/08/2024 09:12:49 - £250,000
A block of productive arable land with road frontage.
An opportunity to purchase arable land situated in a strategic location with direct access off the A10.
In all extending to 11.36 acres (4.60 ha).
For sale by online auction as a whole.
Property
A single block of Grade 3 arable land, extending to 11.36 acres (4.60 ha). The soils are lime-rich loamy and clayey, which is best-suited to arable cropping due to the high fertility of the soil. The Property is situated in a strategic location with access achieved directly off the A10. The site offers medium to long-term potential for commercial or residential development (Subject To Planning Permission).
Location
The site is situated 1 km south of Stretham, 7 km south of Ely and 15 km north of Cambridge.
Method of Sale
The Property is offered for sale as a whole by online auction. A weblink to the auction platform can be found on the Carter Jonas website.
Tenure & Possession
The Property is to be sold with vacant possession.
Overage
The Property is being sold subject to a development overage of 30% for a period of 20 years. The overage is to be triggered by the implementation of planning permission (or deemed planning permission) or permitted development rights for any development other than agricultural or equestrian use, payable within 10 working days of the trigger date or the date on which the overage sum is established (whichever is the later).
Legal Pack
Access to the auction legal pack can be found on the listing link via the Carter Jonas website.
BPS
The sale does not include any BPS entitlements or transfer of any de-linked payments.
Services
There are no mains services connected to the Property.
Wayleaves, Easements & Rights of Way
The Property is to be sold subject to, and with the benefit of, all existing wayleaves, easements, covenants and rights of way, whether or not disclosed.
Health & Safety
All viewings are to be carried out at the sole risk of the viewer and neither the selling agent nor the Vendor takes responsibility.
VAT
Any guide prices quoted or discussed are exclusive of VAT. In the event that the sale of the Property becomes chargeable supply for the purposes of VAT, such tax will be payable (or become payable by the purchaser) in addition to the purchase price.
Sporting, Timber & Mineral Rights
To be included within the sale.
Local Authorities
East Cambridgeshire District Council
The Grange Car Park
Nutholt Lane
Ely
CB7 4EE
Viewings
Viewings are to be unaccompanied, with a set of marketing particulars to-hand.
Directions
Travelling southwards from the A10 roundabout at Stretham: continue ahead for 500 meters and the Property will be located on your right-hand side.
What3Words
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Carter Jonas Contacts
Jamie Elbourn
Scott Riggs
Summary
- Auction end
- 15th Aug at 09:00
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- Ask Agent
Summary
- Auction end
- 15th Aug at 09:00
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- Ask Agent
This property is being sold by:
Cambridge Rural Agency
01223346600
1 Station Square, Cambridge, CB12GA
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Carter Jonas Online Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Carter Jonas Online Auctions. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.