For Sale By Auction | 14:00, 25 April 2019

Land Off County Brook Lane, Foulridge, Colne, Lancashire, BB8 7LS

*Guide | £300,000 (plus fees)

  • Land
  • Tenure: Freehold

Call the team on 0800 050 1234 for more information

Auction Date

Thu 25/04/2019

Auction Time

14:00

Auction Venue

Bolton Wanderers Stadium Platinum Suite, De Havilland Way, Bolton, BL6 6SF

Approximately 23.85 Acres of Freehold Agricultural Land with Potential for Equestrian Use & a Canal Mooring Development

Approximately 23.85 acres of freehold agricultural land. Pre-planning application submitted to the Local Planning Authority (LPA) in 2018 received a favourable response for the construction of a stable block and change of use of land to equestrian use on approximately 5 acres, and the erection of an agricultural storage building. A Lawful Development Certificate has also been issued by the LPA in respect of outline, offside, winter moorings along 150 metres of the Leeds and Liverpool Canal, which borders one boundary. The overall canal side boundary is approximately 190 metres long.

Tenure

Freehold

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The Canal and River Trust (CRT) has also agreed, in principle, to an Operating Proposal (Ref: BB2869) for winter moorings. The initial term will be for three years, for single breasted mooring only: maximum beam 12ft, mooring permitted between 1st November and 30th April. Mooring holder to be responsible for dredging and maintenance of the mooring. Anyone wishing to pursue this option must enter into an agreement with CRT and pay their fee.

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Basic Payment Scheme (BPS) entitlement is included in the sale (subject to any BPS approval criteria). In 2018, this was £2,307.24 based on 9.99 hectares. Also included is the annual payment from North West Electricity in respect of a wayleave agreement (currently £57.54).

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Land is currently the subject of a 12 month grazing and mowing licence expiring 31 March 2019. Licensee may be willing to continue renting after sale. Current licence based on £70.00 per acre pa. We have been advised by the vendor that there is a water supply onsite.

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Prospective bidders for the land must satisfy themselves on the viability and suitability of various projects before bidding.

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If the entire lot is not sold, the seller will consider post-auction offers for smaller parcels of land.

Energy Efficiency Rating (EPC)

Current Rating N/A

Local Authority

Pendle Borough Council

Additional Fees

Administration Charge - 0.9% inc VAT of the purchase price, subject to a minimum of £1080 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.