COVID-19 – Important Auction Information
For Sale By Auction | 09:24, 13 August 2020 | Lot 47

Land To The North East Of Sealand Road, Chester, Cheshire, CH1 6BS

*Guide | £400,000 - £450,000 (plus fees)

  • Land
  • Tenure: See Legal Pack

Call the team on 0800 050 1234 for more information

Auction Date

Thu 13/08/2020

Auction Time

09:24

Auction Venue

Online Auction Online Auction,

Land Site and Garden Centre Extending to Approximately 74 acres (29.94 ha) – Income Producing £18,000 pa

Description: Large land block of grazing land measuring approximately 74 acres (29.94 ha) plus garden centre / nursery. The land is free-draining dual purpose, light sandy loam and has been divided into five main enclosures. Designated Grade 2 in the MAFF Agricultural Land Classification. Accommodation: The site is split into 2x plots (A & B) with Plot A providing mainly grazing land whilst Plot B houses a garden centre and land. Plot A measures approx. 35.43 acres (14.34 ha) Plot B measures approx. 38.20 acres (15.46 ha) Location: The plot is located on the North East side of Sealand Road, Chester with access opposite Texaco Service Station and via entrance to the Garden Centre. The centre of Chester lies approximately 3 miles from the land. Tenure: Freehold Properties are not opted for VAT Tenancies: Currently there are two tenants as follows:- Garden Nursery lease: £6,000 pa, outside of LTA 1954, 10 year term expiring 31 March 2024. Licence (land) – commenced 1 April 2020, expires 31 January 2021, rent £12,000 pa. Total income £18,000 per annum. All parties are advised to consult with the local planning authority as to their intended use prior to bidding.

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating n/a

Local Authority

Flintshire County Council

Additional Fees

Administration Charge - 1.8% 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.