Lot 02 Former Honiley Sewage Treatment Works, Oldwich Lane West, Chadwick End, CV8 1QD

Bidding Closed

SOLD FOR

£311,000

Property Enquiries

Simon Riggall

simon.riggall@bidx1.com
+44 (0) 7732 681 151

Viewing/ Registration Enquiries

BidX1 Support Team

info@uk.bidx1.com
+44 (0) 20 7703 4401

Vendor Solicitor

Sam Chadwick

sam.chadwick@dwf.law
+44 (0) 333 320 2220
Description
Map
Viewings

Property Summary
  • By order of Severn Trent
  • Freehold vacant former sewage treatment works
  • 2.78 acres (1.13 hectares)
  • Elevated position with extensive semi rural views
  • This Lot will not be sold prior to auction
Tenure

Freehold

Location

Honiley and Fen End is a well located semi rural area with many attractive homes, well located 7 miles to the south east of Solihull and 10 miles to the south west of Coventry. The property enjoys easy access onto the regions motorway network, the M40 (J16) is 6 miles and M42 as the A452 are close by. Jaguar Land Rover are a dominant employer located across the nearby area and there is at Fen End Jaguar Land Rover’s Special Vehicle Operations engineering department with some 300 engineering staff on the former RAF Honiley airfield.

The approximate position of the property can be located as follows:
Grid Reference: SP218737
www.gridreferencefinder.com

Description

The property lies in open countryside and is accessed via a gated roadway leading off the south side of Oldwich Lane West close to its junction with Old Green lane. The property comprises a well fenced and gated compound occupying an elevated position with extensive views over open fields.  The vacant site extends to approximately 2.78 acres (1.13 hectares).

We understand that utility services including foul sewage, electricity and telecoms are located in close proximity to the site.  Water is located in the public highway.  Interested parties should refer to the legal pack and make their own enquiries to satisfy themselves on the availability of any service.

Accommodation

Note: Interested parties should read the legal pack for further information relating to easements and overages, for example, that may be applicable to the site.

Planning

Dalcour Maclaren have provided an independent planning appraisal for the site that can be downloaded from the legal pack.  Part of their Executive Summary states:

"Three potential uses have been identified:
- Creation of residential dwellings (either large single or small multiple) or live/work units, through construction of new builds.
- Re-use for commercial or agricultural purposes in line with other local businesses
- A site for a renewable energy enterprise

The site is considered suitable for redevelopment allowing for varying options given the generous space available.

The existing structures afford the site the benefit of the status of previously developed land (PDL) within the Green Belt.  Green Belt policy supports the partial or complete redevelopment of previously developed land where the openness of the Green Belt is not harmed, which is positive for options for this site. The potential land use options  considered within this appraisal have been identified as according with Green Belt policy and also accord with several of the local plan policy objectives covering environmental, social and economic targets."

The above is for information purposes and should be read in conjunction with the full report contained within the legal pack.  Further enquiries should be directed to:
Warwick District Council www.warwickdc.gov.uk

VAT
VAT Not Applicable.

*Terms and Conditions

Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted subject to contract. Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
  3. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any Lot may exceed the previously quoted guide price (as the seller may fix the final reserve price just before bidding commences).
  4. The guide price for the Lot does not include the administration fee of £1,250 (inclusive of VAT) charged by BidX1. In the case of a joint agent this administration fee will be £2,400 (inclusive of VAT). In addition, the guide price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.
  5. To participate in the sale BidX1 must hold a minimum amount from all bidders. This participation amount and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,750 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee payable directly to BidX1. A higher participation amount may be payable depending on the reserve price of the Lot.
  6. Please note that Lots may be sold or withdrawn prior to auction.
  7. All lots sold “Subject to Vendor Confirmation” will be subject to the acceptance and confirmation by the Vendor. The highest bid will be presented to Vendor, the vendor will have to either accept, decline or make a counter offer the highest bid within the confirmation period. Should the Vendor decide to make a counteroffer, then a private link will be sent to the Highest Bidder advising the offer the Vendor is willing to accept. The Highest Bidder will have to either accept or reject the Vendor’s counteroffer. The Vendor reserves the ultimate right, apart from the auctioneer, to accept and to decline to sell to the highest or any bidder, without giving any reasons.
  8. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the seller in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the seller. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the seller. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller.


Contact Simon about this property