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Land and Stables, Langton Hall, West Langton Road, West Langton, Leicestershire LE16 7TY

Lot no: 205 Available
 

Guide Price £400,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 29th February 2024

10.00am
Key Features
  • Approximately 16 acres of paddock land and stables
  • Forming part of Langton Hall
  • Proposed new scheme for new stable, menage and parking area
  • Steeped in Royal History
  • Beautiful and Sought After Location
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Available

Equestrian facility

Property Description:

A significant parcel of paddock land of approximately sixteen acres along with nine active stables.

The land forms part of Langton Hall and has access from the main driveway through parkland.

The owners have submitted pre application advice for a new 10 block stable with associated hay and tack store, parking area and 30m x 17.5m menage.

The site its a beautiful position with mainly hedged boundaries and offers some wonderful country views.

We are informed that the site is currently let at at £230 per month.

The Hall itself is steeped in royal history. It was once owned by the Guinness family and later the Spencer family and Princess Dianas aunt.

West Langton, wasnt on any ordinance survey maps, to protect the Halls privacy. It was also a military hospital during the First World War.

Due to the fact that the Hall and surrounding land was owned by Princess Dianas aunt, it was deemed to be a suitable house for King Charles to court Lady Diana Spencer as the paparazzi would struggle to gain access to them and Langton Hall was close to Althorp Hall, Lady Dianas home.

Note

Please be advised that the auctioneers have not personally inspected the land. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Subject to tenancy.



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 Fixed Fee.

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 fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

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.