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Land lying to the south west, Western Avenue, The Sidings, Henlow, Central Bedfordshire, SG16 6FJ
Guide Price* : £30,000 plus
Parcel of Land
- what.3.words - released.windows.straddled
- Freehold Parcel of Land
- Approximately 0.337 Hectares (0.833 Acres)
- Adjacent To Existing Residential Development
- Central Bedfordshire Location
- Part let for £3,000 Per Annum
Description
A parcel of freehold land approximately 0.337 hectares (0.833 acres) situated to the south west of Western Avenue, Henlow, forming part of a former railway alignment and extending adjacent to the established residential development at The Sidings and surrounding roads. The land comprises retained freehold interests which benefit from various rights reserved over the adjoining estate.
Location
Henlow is a village in Central Bedfordshire situated approximately 4 miles east of Hitchin and 10 miles south-east of Bedford. The property is located off Western Avenue, adjoining the residential development known as The Sidings and lying close to Northern Avenue and Southern Avenue.
The surrounding area is predominantly residential in character, with local amenities available within Henlow village and nearby Hitchin. Road communications are available via the A507 and A1(M), whilst rail services are available from Arlesey and Hitchin stations providing connections to London and the wider rail network. The property occupies a position within an established residential environment and forms part of a former railway corridor.
Tenure
The property is held Freehold under Title Number BD271501.
Planning
The property comprises a freehold parcel of land situated between established residential development and the former railway alignment at Henlow. The site adjoins RAF Henlow, which is currently scheduled for closure by the Ministry of Defence.
Prospective purchasers may consider that the future redevelopment of surrounding land could create strategic opportunities in the longer term, subject to planning permission, access rights and all necessary third-party consents.
Interested parties should make their own enquiries of Central Bedfordshire Council and rely upon their own investigations regarding any future use or development potential.
Tenancy
Part of the property is let to a private individual under a lease dated 14 July 2022 for a term of 5 years from and including 2 June 2022 to 1 June 2027 at a rent of £3,000 per annum plus VAT. The lease permits use of the land as domestic garden land ancillary to adjoining residential properties. A copy of the lease is available within the legal pack.
Planning Authority
Central Bedfordshire Council - www.centralbedfordshire.gov.uk
Bidder Registration
In order to bid you will be required to provide proof of identification, proof of address and source of funds before being authorised to bid.
We will also take a hold on funds from your bank card of £5,000 before you can bid.
Please see our Online Bidding and Registration Guide for further information, but note that as soon as you enter your debit or credit card, the hold on funds will be taken and this amount on your card will be "reserved" for this potential transaction and the amount will be deducted from the balance of your bank account.
Registration for bidding will close at 2pm the day before the auction, after which we cannot guarantee giving you permission to bid at the auction.
VAT
The property is elected for VAT
Energy Performance Certificate
No EPC required
Note
Water Sewer
A private surface water sewer passes beneath the land. The successful purchaser will acquire the property subject to the rights and obligations relating to the sewer together with associated maintenance responsibilities, full details of which are contained within the legal documentation.
Reserved Rights
The seller understands that rights were reserved over the estate road known as The Sidings, providing access to the retained land and associated surface water drainage infrastructure. Purchasers should rely on their own enquiries and the legal pack, which will contain details of all rights, easements and maintenance obligations affecting the property.
VAT
The property has been elected for VAT.
The seller may, in certain circumstances, be able to treat the sale as VAT exempt where the purchaser's intention is to undertake residential development, subject to the purchaser satisfying the seller's requirements and providing appropriate confirmations prior to exchange. In all other circumstances VAT may be payable in addition to the purchase price.
Prospective purchasers must make their own enquiries and obtain independent VAT advice. The precise VAT position will be confirmed by the solicitors prior to exchange of contracts.
Costs
The Buyer is to make a contribution to the Vendors selling costs. Further details can be found in the legal pack.
Contact
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (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.
** If you take up this service, Dynamo may pay a referral payment of up to 20% of the procuration fee received by Dynamo from the relevant lender on completion of the mortgage to us. This is not paid by you and has no impact on the service provided. Dynamo is a trading name of Dynamo Mortgages Limited, which is part of the same group of companies as Lambert Smith Hampton, owned by Connells Limited.
If you take up this service you will agree your own separate contract with Dynamo, and Lambert Smith Hampton is not responsible for the accuracy, quality or suitability of any advice, recommendations or services provided to you.
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The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
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Legal Documents
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Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including LSH Property Auctions, and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.
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If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.