Worcester, WR3

£300,000

Guide price

A development uplift clause already exists on the land. In conjunction with this uplift clause, the seller will be granted an option to buy back the property for a period of 35 years. Such an option cannot be exercised within 3 years from the date of completion. Furthermore the purchase price shall be £20,000 per acre (pro rata for part of an acre) OR double the agricultural land value, whichever shall be the higher.

Solicitors and the Auction

1. The land will be sold by public auction, unless previously sold, to be held on November 12th at 6.30pm at the Chateau Impney Hotel.

2. The legal documents and the contract along with searches are all available for inspection and can be obtained from the vendor's lawyers, Hallmark Hulme Solicitors, 3-5 Sansome Place Worcester WR1 1UQ. Tel 01905 726600 dx 716252 Worcester. The contact is Martin Thomas martin.thomas@hallmarkhulme.co.uk

3. It will be assumed that interested parties will have inspected the legal documents and taken advice thereon. 4. Purchasers need to note that it is a legal requirement under the Money Laundering Regulations that they must provide certain information prior to bidding at the auction. The following information needs to be registered with the auctioneer prior to the auction namely :-

a. Certified proof of identification and address, ideally achieved with a passport and a driving license.

b. Proof of funding and the source of that funding i.e. bank statements, saving accounts, bank references etc.

Worcester 3 miles, M5 (J6) 2 miles, Birmingham 28 miles (All mileages are approximate)

The A449 divides Fernhill Heath from the northern limits of the city of Worcester. The land is situated just to the north of the A449 and south of Fernhill Heath. Importantly, access to the land is exceptional for very many people, be it directly off the motorway or from the arterial routes around Worcester.

The attraction of this parcel of land - given that it is a catchment area for an enormous number - is to consider diversifying from the more traditional agricultural enterprises into such opportunities such as market gardening and fruit and vegetable sales.

The southern field has a southerly aspect and has been used more recently as a site for a car boot sale. Amongst the hedgerows are a good many mature oak, with the eastern boundary in part bounded by High Wood.

An old Roman road is on part of the land.

Mains water is available.

Arrange viewing 01905 813792

Knight Frank - Worcester

5 College Street, Worcester, WR1 2LU

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