Land for saleWatery Lane, Bubbenhall, Bubbenhall, CV8
Sold STC £240,000
A block of permanent pasture in a picturesque setting on the edge of the village of Bubbenhall, comprising
two fields with a traditional red brick cart shed, pond and cave.
For sale by private treaty
The land is situated on Watery Lane, Bubbenhall to the south of the village with road frontage onto Watery Lane and Stoneleigh Road. Coventry is 7 miles distant with Birmingham 25 miles, Leamington Spa 5 miles to the west and Rugby approximately 11 miles to the east, providing a good range of everyday facilities and amenities. The M6 at junction 2 is 12 miles distant and the M40 and M45 are approximately 7 miles distant leading to the north and south. The situation of the land is shown on the location plan.
The property extends to approximately 23.91 acres of mature pasture and is offered for sale as a whole or in two lots. Lot 1 (shown shaded blue on the plan). Extending to approximately 15.26 acres. Formerly two fields but currently run as one with the old boundary delineated by a line of mature hedgerow trees. The land comprises an area of mature ridge and furrow permanent pasture with the northern part of the field forming a bank leading to the rear of residential properties off Stoneleigh Road. There is a red brick and tile cart shed (10m x 4.5m) with a stock yard to the front and a lockable store. Other features include a pond with resident heron and swan and ‘The Fairie Hole’ being an interesting cave feature nestled within the hillside. Lot 2 (shown shaded yellow on the sale plan) extending to 8.8 acres and comprising a single parcel of level lying permanent pasture with separate access off Watery Lane.
SOIL GRADE AND QUALITY
The land is identified as being Grade 3 with an area of Grade 4 on the bank forming part of Lot 1, being a mixture of Rivington 1 and Wick 1 Soil Series being well drained coarse loamy soils over sandstone, limestone, most commonly associated with stock rearing on permanent grassland.
PLANNING & DEVELOPMENT POTENTIAL
The land lies within open countryside within Warwick District Council Local Plan and is situated within designated green belt.
TENURE & POSSESSION
The land is sold as freehold with vacant possession given upon completion.
Mains water is connected to the property and there is one trough located within Lot 1.
None of the above services have been tested and purchasers should
note that it is their specific responsibility to make their own enquiries of
the appropriate authorities as to the location, adequacy and availability
of main water, electricity and drainage services.
RIGHTS OF WAY ETC
The property has the benefit of road frontage onto two highways with direct access off Watery Lane. There is a public right of way at the entrance of Lot 1 following the eastern boundary as shown on the sale plan. There is a pipeline crossing Lot 1 as shown on the sale plan. We are not aware of any other rights of way, easements or wayleaves affecting the property. There is a memorial tree located on Lot 1 which the vendors wish to retain access to from time to time on foot.
METHOD OF SALE
The property is being offered for sale by private treaty.
The vendors will impose a clawback of 25% of any increase in value due to any non-agricultural and non-equestrian development that takes place on the land over the next 25 years. This will not be triggered if stables or agricultural buildings are erected.
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 their agents in respect of any error, omissions or misdescription. The plan is for identification purposes only.
A restrictive covenant will be imposed on the land as follows.
Not at any time hereafter to build erect or place or allow to be built erected or placed on the property or any part thereof any hut, tent, temporary dwelling, caravan, house on wheels or encampment intended for use as a dwelling.
Warwick District Council Tel.01926 450000 Email www.warwickdc.gov.uk
Warwickshire County Council Tel. 01926 410410
Band Hatton Button, 25 Warwick Road, Coventry CV1 2EZ, reference James Leighfield, telephone 02476 309305.
At any reasonable time during daylight hours with a set of these particulars to hand.
Please be aware that the land is currently let under a Farm Business Tenancy, terminating on 31st August 2016. Please be aware of livestock within the fields and be courteous to the tenant.
Jennifer Whitton, telephone 01788 564694, email Jennifer.email@example.com
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