Lot
032
Auction Ends: 22/05/2024 11:27 - Bidding opens Tuesday 21st May 10:00 AM

Land At Park Gate Farm, Penkridge, Stafford, Staffordshire, ST19 5RE

Property Details
Location
Auction Details
Description
Freehold parcel of pastureland, with river frontage, extending to approximately 1.99 Ha (4.91Acres).
Location
The site lies between the M6 and the River Penk, approximately 1.5 miles north east of the village of Penkridge in south Staffordshire. What3Words ///arise.layers.sunshine
Approx Site Area
Approximately 1.99 Ha (4.91Acres).
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 21ST MAY AND CLOSES ON WEDNESDAY 22ND MAY.
Addendum
Bidders should note a letter has been added to the legal pack by The Vendor stating the following : "Please note we have today (21st May 2024) received notice from an individual suggesting, without any accompanying evidence, that they believe they have been in exclusive occupation of the property since 1983 and may have accrued certain rights as a result of this. National Highways Limited dispute this position and believe, based on the information provided to us, that any claim to have accrued rights binding the Property is spurious and without merit. As shown by the Auction Pack provided, National Highways have had registered title to the Property since our completion of its acquisition in 1996 and the Property has previously been leased under a Farm Business Tenancy (to a different person from that claiming the benefit of disputed rights) over several years. The most recent Tenancy ended in April 2017 and a copy of this has been added to the auction pack for reference." Please note that this property is subject to a right of entry reserved for the benefit of the Transferor which includes an inadvertent drafting error. This right is reserved for the Transferor and not the Transferee as currently drafted. This error will be rectified after the completion of the auction and prior to completion of the Transfer.

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