GUIDE PRICE £40,000-£50,000
A parcel of land in a stunning location in the heart of open countryside. This site is approx. 0.34 acres and is West Facing with mature hedging and has been planted to vines for the production of wine. The approach is along a private track that leads to a gravel area with parking. You will find a wooden structure which is currently used for storage that has potential for other uses subject to consent. We understand that when our client purchased this land there were around 200 vines which were planted in 2008 and are a Pinot Gris variety of grape. However we have not seen documentation to verify this or had the opportunity to taste the variety !
Alternatively this land has potential for other uses once consent has been granted.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 15 February 2024 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
VIEWINGS -
By appointment.
SUMMARY -
SOLD FOR £51,000 - 0.34 ACRE SITE IN SOUGHT AFTER VILLAGE LOCATION. CURRENTLY A VINEYARD WITH POTENTIAL FOR OTHER USES.
DESCRIPTION -
A parcel of land in a stunning location in the heart of open countryside. This site is approx. 0.34 acres and is West Facing with mature hedging and has been planted to vines for the production of wine. The approach is along a private track that leads to a gravel area with parking. You will find a wooden structure which is currently used for storage that has potential for other uses subject to consent. We understand that when our client purchased this land there were around 200 vines which were planted in 2008 and are a Pinot Gris variety of grape. However we have not seen documentation to verify this or had the opportunity to taste the variety !
Alternatively this land has potential for other uses once consent has been granted.
LOCATION -
The vineyard is located in a stunning location on a private track adjacent to open countryside. Hannington is a delightful location near the market town of Highworth. It is conveniently situated for access to A419, A420 and the M4. Highworth is market town situated on the edge of the Cotswolds only four miles from the River Thames and close to Swindon and its many facilities. The town itself includes a golf course, sports centre. and restaurants. One of the highlights of the week is the outdoor Saturday Market.
LOCAL AUTHORITY -
Swindon Borough Council Tel: 01793 445500
COMPLETION -
Completion for this lot will be 6 weeks from exchange of contracts or sooner by mutual agreement.
LETTING - WHAT CAN MAGGS & ALLEN ACHIEVE FOR YOU? -
Maggs & Allen's experienced letting team are happy to discuss the rental of this property and can advise on maximising the investment. We offer Full Management, Let Only and Rent Collection Services. Contact Jessica Archer and her team on 0117 9499000 or email lettings@maggsandallen.co.uk.
AUCTION OR BRIDGING FINANCE REQUIRED? -
Do you need a mortgage or loan quickly? Maggs & Allen have specialist Independent Brokers who can arrange residential and commercial finance on all types of property. Contact the Auction Team today to be put through to our mortgage and loan experts on 0117 9734940 or email admin@maggsandallen.co.uk
BUYER'S PREMIUM -
Please be advised that all purchasers are subject to a £1,250 plus VAT (£1,500 inc VAT) buyer’s premium payable upon exchange of contracts.
*GUIDE PRICE -
Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to Reserve Price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
RESERVE PRICE -
The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
PROXY, TELEPHONE & ONLINE REMOTE BIDDING -
The auction will be held online via live video stream with buyers able to bid via telephone, online or by submitting a proxy bid. You will need to complete our remote bidding form, which is available to download from our website. The completed form, ID (driving licence or passport and a recent utility bill stating the home address of the purchaser) and a bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction.
PRELIMINARY DEPOSITS -
The Preliminary Deposit required for each lot you wish to bid for will be calculated based upon the Guide Price as follows:
£1,000 - £50,000: £2,000
£51,000 - £150,000: £5,000
£151,000 and above: £10,000
If your bid is successful, the balance of the deposit monies and Buyer's Premium (£1,500 inc VAT) must be transferred to our client account within 24 hours of the auction sale. If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you.
