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Land off Broadway Lane and Day Lane, Lovedean, PO8 0SJ

  • Auction
  • Lot 06
  • United Kingdom
  • Land/Site
  • Commercial

Sold for £870,000

Property Summary

  • Freehold agricultural land
  • Approximately 28.61 hectares (70.70 acres)
  • Vacant possession
  • On the instructions of James Liddiment and Paul Greenhalgh of Kroll acting as Joint LPA Receivers

Contact Us

Simon Bailey
Simon Bailey
Property Agent, here to help.
Alastair Wilson
Alastair Wilson
Property Agent, here to help.

Contact Us

Simon Bailey
Simon Bailey
Property Agent, here to help.
Alastair Wilson
Alastair Wilson
Property Agent, here to help.

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Property description

A good size south east facing field currently used for combinable crops totalling approximately 28.61 hectares (70.70 acres). The field has a number of mature parkland trees and a copse on the western boundary.

The land offers potential for the erection of buildings to service the land, subject to obtaining the necessary consents.

The land has been cultivated and drilled to combinable crops, which are included within the sale. There are no agronomy records relating to the crops and therefore the health and resulting yield of the crops in the ground is at the purchaser's risk. The remainder of the arable land is currently stubble and would be suited to Spring cropping.

The site may be subject to a number of easements, wayleaves and rights of way and prospective purchasers are advised to refer to the legal pack. We understand that there are high voltage electricity cables running under this Lot and prospective purchasers are advised to make their own enquiries.

A full marketing brochure containing further information is available within the legal pack.

Location

Ludmore Farm is situated in an idyllic spot with views to the south across the Solent and Isle of Wight. It is located on the outskirts of the village of Lovedean and less than 10 miles to the south of the town of Petersfield. 

Ludmore Farm is located close to the villages of Lovedean and Hambledon, the latter having the oldest English sparkling vineyard. The Farm is located near to the well-known Bat & Ball pub. The market town of Petersfield offers wider facilities including pubs, restaurants and shops. The transport links are excellent with the A3 close by as well as direct rail access into central London from Petersfield Station in just over an hour. The farm is situated on the edge of The South Downs National Park with a number of rights of way crossing the property, including the notable Monarch’s Way.

The field is located on the outskirts of Lovedean and has direct road access from both Broadway Lane and Day Lane.

WHAT3WORDS Location - ///dunes.native.rips

Planning

South Downs National Park Authority (01730 814810) - http://www.southdowns.gov.uk

Tenure

Freehold

Additional Details

AccommodationHectaresAcres    
Arable26.8466.32
Woodland1.774.37
TOTAL286.1070.70

All areas and plans are for guidance purposes only and prospective purchasers are deemed to have satisifed themselves as to their accuracy.

 

VAT

Please refer to Legal Documents

Helpful links

*Terms & 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 £1,295 (inclusive of VAT) for all properties up to £49,999, and £2,400 (inclusive of VAT) for all properties £50,000 and above 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 £4,795 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 acceptance and confirmation by the Vendor. The highest bid will be presented to the Vendor, the Vendor will have to either accept, decline or make a counteroffer, within the confirmation period. Should the Vendor decide to make a counteroffer, then a private link will be sent to the Highest Bidder advising of the offer the Vendor is willing to accept. The Highest Bidder will be obliged to 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.
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