Sold Price: £148,500, Site At High Road, Basildon, Essex, 433+48155

Property Details

Location

The site lies in the Westley Heights area of Langdon Hill approximately 4 miles west of Basildon and 30 miles east of London in an area of residential housing, woodland and open land. The land is located close to the intersection of High Road (B1007) and Westley Road approximately 2 miles from Landgon Hill Country Park.

Description

Land approximately 4.18 acres (1.69 hectares) comprising woodland and open land, part of which is subject to a Farm Business Tenancy Agreement at an annual rent of £50.

Approx Site Area

Approximately 4.18 acres (1.69 hectares).

Tenancy

Part of the site, approximately 1.26 Acres (0.51 Ha), is subject to a Farm Business Tenancy for a period of 2 years commencing 28th September 2018, expiring on 28th September 2020 at an annual rent of £50 paid in advance.

Costs

The preauthorisation to be paid is £4,460 - this consists of the minimum deposit, buyers premium and the extra cost as detailed in the special conditions.

General

To be sold by Online Auction.
Start time - 15:30 (2nd April)
End time - 13:00 (4th April)
REGISTRATION CLOSES 5PM, WEDNESDAY 03rd APRIL. PLEASE NOTE ANY REGISTRATIONS AFTER THIS TIME WILL NOT BE ACCEPTED.

1) Part of the site being offered is designated as a SSSI (site of specific scientific interest). The site is subject to a clawback provision as detailed in the legal pack which sets out a term of 21 years with 50% of the overage.

2) Buyers Premium - £200 (plus vat) paid in addition to any other fees detailed in the legal pack.

Addendum

The site is subject to a clawback provision as detailed in the legal pack which sets out a term of 21 years with 50% of the overage.