Buildings and Land off Ladbroke Road, Bishops Itchington, Warwickshire

£240,000

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Buildings and Land off Ladbroke Road, Bishops Itchington, Warwickshire

Sold

£240,000

Reference: 12843

Buildings and Land off Ladbroke Road, Bishops Itchington, Warwickshire. A unique opportunity to purchase a range of versatile portal frame buildings offering a gross external area of approximately 7,932 ft² (737m²), located just 5 minutes from Junction 12 of the M40.

Property Description

Guide Price: £240,000

FOR SALE BY PRIVATE TREATY - AVAILABLE AS A WHOLE. Best and Final Offers Deadline - 12 noon Friday 7th February

A unique opportunity to purchase a range of versatile portal frame buildings offering a gross external area of approximately 7,932 ft² (737m²), located just 5 minutes from Junction 12 of the M40.

DESCRIPTION
The property is conveniently situated off Ladbroke Road, Bishops Itchington, which lies between the M40 and the A423: Southam to Banbury Road. Bishops Itchington is situated circa 3 miles south-west of Southam, circa 8 ½ miles south-east of Royal Leamington Spa, and circa 15 miles north-west of Banbury.

The existing buildings have a gross external area of 7,932ft² (737m²), and there is a further 0.50 acres (0.20 ha) of yard area, comprising part concrete, and part natural surface. This property is also sold together with two parcels of permanent pasture totalling approximately 1.13 acres (0.46ha). The property has good access directly from Ladbroke Road via a well-maintained concrete driveway, made secure by two 10ft gates.

BUILDINGS
There are three purpose built steel portal frame buildings and a further lean-to, which adjoins
Buildings 1 & 2. The buildings comprise:
Gross External Area
Building 1: 1,905 ft² (177 m²)
Building 2: 2,131 ft² (198 m²)
Building 3: 2,002 ft² (186 m²)
Building 4: 1,894 ft² (176 m²)

Building 1 is of a portal frame construction with a concrete floor, block walls, large hinged doors and corrugated sheet roof. There are a number of skylights and floodlights to light this multipurpose building.

Building 2 is of a portal frame construction with an open fronted elevation, concrete floor, part concrete panel and part Yorkshire boarding to side and rear elevations. This building benefits from internal and external floodlights.

Building 3 is a lean-to and is of a portal frame construction with a concrete floor, part block and part Yorkshire boarding walls under a corrugated tin roof. There is a floodlight inside the building.

Building 4 is of a portal frame construction with a concrete floor and corrugated tin roof. Three of the 15 ft bays are enclosed with part pre-cast concrete panels with corrugated tin above to the side and rear elevations, and two hinged doors to the front elevation. One bay is partly enclosed with part pre-cast concrete panels with Yorkshire boarding above to the side and rear elevations and a barrier to the front elevation.

LAND
The land comprises two paddocks of permanent pasture measuring approximately 1.13 acres (0.46 ha). The land is designated Grade 3 according to the Agricultural Land Classification of England and Wales. The soil type is described by the Soilscope Survey of England as a lime-rich loamy and clay soil. The southern perimeter of the grassland adjoins Ladbroke Road and is bordered by a mature hedgerow and stock proof fencing. The River Itchen borders the northern and eastern perimeters, and there a number of trees and shrubs in these boundaries.

BASIC PAYMENT SCHEME & AGRI-ENVIRONMENT SCHEMES
The land is not registered with the Rural Payments Agency. The land is not currently subject to any Agri-Environment Schemes, such as ELS, HLS or CS.

SERVICES
The property benefits from three-phase and single-phase electricity and is connected to a metered mains water supply.

PLANNING
The property is in the administrative boundaries of Stratfordon-Avon District Council. The buildings have until recently been used in conjunction with the Vendor´s agricultural activities and were specifically designed for that use. The buildings will suit a variety of non-agricultural uses, subject to planning permission.

METHOD OF SALE
The property is offered for sale as a whole by Private Treaty.

TENURE & POSSESSION
The property is offered for sale Freehold with the benefit of Vacant Possession on completion.

WAYLEAVES, EASEMENTS AND RIGHTS OF WAY
The property is sold subject to and with the benefit of all existing Wayleaves, Easements and Rights of Way, whether public or private, and whether specifically mentioned herein or not.

OVERAGE CLAUSE
The Vendor is not looking to impose a development clawback clause, and their preference is to agree an unconditional sale.

COVENANTS
The property is to be sold subject to and with the benefit of all existing covenants, whether specifically mentioned herein or not.

SPORTING, TIMBER AND MINERAL RIGHTS
The Sporting, Timber and Mineral Rights are included with the Sale as far as they are owned.

VALUE ADDED TAX (VAT)
Should the sale of the property or rights attached to the sale become a chargeable supply for the purpose of VAT, such tax will be paid by the Purchaser in addition to the purchase price. It is not anticipated that there will be any VAT upon the sale of this property.

VIEWING
The property may be viewed strictly by appointment only. Anyone wishing to view the property should make arrangements through the Selling Agents.

NEAREST POSTCODE
CV47 2RP is the nearest postcode, and the property can be found more precisely using the what3words mapping system reference: design.runs.suspended.

BOUNDARIES
The Purchaser(s) will have deemed to have inspected the property and satisfied themselves as to the ownership of any boundary, hedge, tree, or ditch.

PLANS & AREAS
These have been prepared as carefully as possible and based on the Ordnance Survey Plan and are for identification purposes only. The Purchaser(s) shall be deemed to have satisfied himself as to the description of the property and any error or mistake shall not annul the sale, nor entitle either Party to compensation in respect thereof.

Important Notice
Henry H Bletsoe & Son LLP and for the vendors of this property whose Selling Agent they are, give notice that: (i) all statements
contained in these particulars as to the property are made without responsibility on the part of the agents or the vendors for any error, mis-statement or omission whatsoever. (ii) none of the statements contained in these particulars are to be relied on as a statement or representation of fact or as any part of the contractual description of the property. (iii) any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. (iv) the vendors do not make or give, and neither agents nor any person in their employment have any authority to make or give any representation or warranty whatsoever in relation to this property. Finally: The property being open to inspection, purchaser(s) shall be deemed to have full knowledge of the state and condition thereof as to the ownership of any tree, boundary or any part of the property. Should any dispute arise between the vendor and the purchaser(s) upon any point not involving a question of law arising out of these particulars, stipulations or plans as to the interpretation be referred to the arbitration of the Selling Agents whose decisions shall be final and binding on all parties to the dispute and in every such arbitration the Selling Agents shall decide how the costs of such reference shall be borne. Particulars prepared and photographs taken: December 2019.

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