For Sale By Auction | 11:00, 01 May 2024 | Lot 50

Woodland off, Reepham Road, Felthorpe, Norfolk NR9 5TF

*Guide | £30,000 - £50,000 (plus fees)

  • Land
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 01/05/2024

Auction Time

11:00

Auction Venue

Livestream Auction

Rare opportunity to acquire 6.45 acres of mature woodland

Forming part of the large Felthorpe woods this part is known as Nurse Wood. It contains sweet chestnut, oak, birch and rowan and the trees date from post 1950. This is an opportunity for someone looking for their own wood to manage and upgrade whilst providing a source of firewood. It has good access with public roads along its three boundaries and is located around seven miles north west of Norwich. There are many benefits from owning woodland including tax advantages. After two years ownership, commercially managed woods qualify for 100% inheritance tax relief. Timber sales are free of income tax and capital gains tax.

Tenure

Freehold

Viewing

Any reasonable time during daylight hours. All persons viewing should be aware that they enter the site entirely at their own risk.

Note

Please would all interested parties register their interest with the Auctioneers in order that they may be kept up to date with any developments.

Boundary

The western boundary of the site is marked by two posts painted blue.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Broadland District Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.