Land for sale

A substantial parcel of agricultural investment land on the edge of Kingsbury, bordering the River Tame and with strategic development potential.
Extending to approximately 35.56 acres or thereabouts.
For sale as a Whole or by Private Treaty

Distances

Central Birmingham: 11 miles
Birmingham Airport & International Railway Station: 10 miles
Tamworth: 4 miles
Coventry: 13 miles
Solihull: 14 miles
M42 Junction 9: 3 miles

Location

The land is shown edged red on the attached plan and lies immediately adjacent to the north western edge of the small town of Kingsbury in North Warwickshire. Kingsbury is a popular commuter town and is superbly placed for access to the motorway network and to the city of Birmingham. Junction 9 of the M42 is approximately 3 miles from the land and from there, central Birmingham is readily accessible via the A446 or M6 and Aston Expressway.
Mainline railway stations are available at Tamworth (6 miles) and Birmingham International (5 miles).

Description

The land comprises a block of gently undulating agricultural land to the immediate north west of the town with a further area of steep land along the riverbank between the River Tame and existing development. The land has long frontage to the river and approximately 230 metres of road frontage to the A51 on its eastern boundary. There is an existing agricultural access off the A51 and visibility in either direction is good.
The land is classified as Grade 3 on the Ministry of Agriculture Land Classification Maps, which indicates that it is of average quality.

Town And Country Planning

The land has been promoted through the LDF process to the current stage by the selling agents on behalf of the client. Planning policy for the area is governed by North Warwickshire Borough Council.
The land has been identified in the Strategic Housing Land Availability Assessment (SHLAA) as one of three favoured sites for development around the town of Kingsbury and the SHLAA site reference number is NWAR119. The SHLAA indicates a suggested yield of 300 dwellings with the possibility that these could be delivered over the period 2014-2020. It indicates a developable area of approximately 20.75 acres and seeks to encourage the retention of an undeveloped corridor alongside the River Tame and a buffer against the M42 to the north.
North Warwickshire have published a Core Strategy Document and the consultation runs until 12th January 2012.

General Information

Tenure

The property is offered for sale freehold.

Possession

The land is occupied by George Baines Farms Limited on a tenancy agreement protected by the Agricultural Holdings Act 1986. There is no written tenancy agreement in existence as far as the vendors are aware, although a notice under Section 6 of the Agricultural Holdings Act 1986 has been served to prevent further assignment of the tenancy. The current rent is £2000 per annum. The terms of the Agricultural Holdings Act allow the landlord to regain possession for non-agricultural uses, including development.

Services

We do not believe that any services are connected to the land although we understand that all mains services are located close by.

Lotting

The vendor reserves the right to offer the property for sale in any other order than that described in these particulars, to sub-divide, amalgamate or withdraw the property from sale without prior notice.

Rights Of Way

There are no public footpaths crossing the property. There is a high voltage electricity line crossing the property from south west to north east, for which an annual wayleave is paid.

Outgoings

Believed to be nil.

Single Farm Payment Scheme

The vendor has no Single Farm Payment Entitlements in relation to the land and none are included in the sale.

Overage Clause

The sale will include an overage clause retaining 10% of any future development value to the vendor for a period of 25 years from the date of completion.

Plan, Area & Description

The plan, area and description are believed to be correct in every way, but no claim will be entertained by the vendor or the agents in respect of any error, omissions or mis-descriptions. The plan is for identification purposes only.
The acreages are taken from the Promap Ordnance Survey digital mapping system.

Method Of Sale

The property is offered for sale by private treaty.

Viewing

At any reasonable time during daylight hours with a copy of these particulars to hand. Please respect the fact that the land is let and do not drive on the land or damage crops.

Local Authorities

North Warwickshire Borough Council: Tel.01827 715341
Warwickshire County Council: Tel.01926410410 www.warwickshire.gov.uk
Severn Trent Water: Tel. 08457 500500
Western Power Distribution: Tel. 0800 0963080

Vendors Solicitors

Wright Hassall
Olympus Avenue
Leamington Spa
Warwickshire
CV34 6BF
01926 886688
Ref: Paul Rice/Dawn Short

Legal Pack

A comprehensive online legal pack is available. The pack contains local, water and drainage searches, environmental report, enquiries before contract, contract, transfer and title information, along with other associated documents including those relating to the tenancy. Please contact the agents on 01827 721380 if you would like to view the pack.
If any further information is required, please do not hesitate to contact either the selling agent or the vendor's solicitors.

Important Notice

These particulars have been prepared in all good faith to give a fair overall view of the property. If any points are particularly relevant to your interest in the property please ask for further information.
Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise, nor that any services, appliances, equipment or facilities are in good working order. Purchasers should satisfy themselves on such matters prior to purchase.
The photograph/s depict only certain parts of the property. It should not be assumed that any contents, furnishings/furniture etc. photographed are included in the sale. It should not be assumed that the property remains as displayed in the photograph/s. No assumptions should be made with regard to parts of the property that have not been photographed. Please ask for further information if required.
Any areas, measurements or distances referred to are given as a GUIDE ONLY and are not precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries or those which can be performed by the appointed advisers.
Where reference is made to planning permissions or potential uses such information is given in good faith. Purchasers should however make their own enquiries into such matters prior to purchase.

Descriptions of the property are subjective and are used in good faith as an opinion and not as a statement of fact. Please make further specific enquiries to ensure that our descriptions are likely to match expectations you may have of the property.
The information in these particulars is given without responsibility on the part of the sole Agents or their Clients. The particulars do not form any part of an offer or a contract and neither the sole Agents nor their employees have any authority to make or give any representations or warranty whatever in relation to this property.