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Barn Lodge Farm, Blackberry Lane, Cossington , Leicester, Leicestershire LE7 4SE

Lot no: 42 Re-entry to a future auction
 

Guide Price £850,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Tuesday 5th September 2023

10.00am
Key Features
  • Small Farm with 15.3 acres
  • Farmhouse, Barns and Paddock
  • Numerous Outbuildings
  • Quiet Location
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Re-entry to a future auction

Farm House

Property Description:


A farmhouse, barns and paddock totaling 15.3 acres.

A superb and rare opportunity to purchase a small farm in a quiet and idyllic setting.

Comprising of a traditional 3 bedroom brick farmhouse, numerous out buildings including Dutch barn, steel portal building and a range of traditional brick outbuildings. 15 acres of mainly flat grassland divided into paddocks along with small pond.

Potential to make a great equestrian property or may offer scope for development / barn conversions, subject to planning permission.

Situated in a quiet location yet with good access to the A6 and A46 along with local amenities.

Viewing highly recommended.

Farm House

Lounge, Kitchen, Dining Room, 3 Bedrooms, Bathroom. Oil fired central heating. Well maintained gardens. Scope for extension subject to planning.

Outbuildings

Dutch Barn, large steel portal stores and a range of traditional brick buildings.

Land

A site totaling 15.3 acres of level grassland with excellent road frontage. Scope for potential development or barn conversions, subject to planning permissions.

Potential

May be suitable for alternative uses, subject to obtaining the necessary consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.

Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.