Wallow Green, Horsley, Stroud, GL6

Description

A rare and exciting opportunity to purchase an attractive parcel of land extending to approximately 5.08 acres and is ideally suited for anyone with a small holder, equestrian or amenity interest, subject to any necessary planning consents required. Conveniently situated within easy access of Nailsworth and located within the Cotswold AONB. Benefiting from access from the Council maintained highway and neighboured in part by residential dwellings. Enclosed in part by a mixture natural hedges and fencing (northern boundary unfenced).

Designations

The land is situated within the Cotswold AONB and Cotswold Jurassic Nitrate Vulnerable Zone (NVZ).

Environmental Stewardship Schemes

None.

Footpaths and Rights of Way

A public footpath runs along the western boundary. Vehicular right of way in favour neighbouring paddock (not used since April 2023). Full details contained with the auction legal pack.

Uplift / overage clause

Subject to an existing overage clause of 25% of any increase in value of the land resulting from any planning permission granted on the land or resulting from any development on the land not requiring an express grant of planning permission. The owner of the land is required to serve Notice on the overage holder on the 1st January every year confirming the proprietor and whether any development has taken place, or any disposals made and to pay an administration fee of not less than £1,000 plus VAT every time such Notice is served. We understand the Seller has been previously offered the opportunity to purchase the overage rights. Interested parties are advised to satisfy their own enquiries in this regard.

Further details contained within the Auction legal pack.

Restrictive Covenant

Subject to a restrictive covenant not to construct any temporary or permanent structures or make any alterations or additions to any buildings without the consent of the owner of the adjoining land to the north.

Solicitors

Batt Broadbent, Chippenham

Telephone: 01249 472 444

Peter Warr acting.

Registering to bid and Administration fee

Cooper and Tanner requires all bidders who wish to bid at our Auction to register beforehand, whether you are intending on bidding in the room, by proxy or online. As part of the registration process, you will be asked to provide card details in order that the Buyer’s Administration Fee of £1,395 inc VAT can be paid if you are successful. A week before the auction a hold will be placed on your account for this sum, which will then be released if you are unsuccessful. This fee will only be taken if you are the successful buyer. The fee is retained by Cooper and Tanner and does not form part of your deposit or completion settlement. Please also be aware that the Buyer’s Administration fee is payable per lot purchased and applicable to all pre-auction sales. If you are successful in purchasing more than one lot, we will contact you following the auction to take subsequent payments for additional lots bought. All checks required by current anti-money laundering legislation must be satisfactorily completed, as part of the registration process before prior approval to bid will be granted; this will include providing proof of funds.

Deposit

Successful bidders will be required to pay to the Cooper and Tanner Client Account the deposit of 10% of the purchase price within 24 hours of the auction. The account details will be provided to the successful bidder on conclusion of the auction. Once funds are cleared, they will be transferred on to the account of the solicitor acting for the seller. Please ensure that funds are in an account suitable to be able to make an Electronic Transfer from.

Local Council: Cotswold District Council. Telephone: 01285 654 875

Drainage Rates: None.

Services: Potential purchasers are advised to make their own enquiries into the adequacy and availability of any services.

Tenure: Freehold with vacant possession on completion.

VAT: The purchase price is not subject to VAT

Completion

Completion has been set for 14th August 2025 or earlier by arrangement.

Viewing: At any reasonable time on foot with a set of the sale details. The postcode for the nearest property is GL6 0PD

What3words – flags.elbowing.entitles

Ref: GPT/11188

Website tags: auction-property, july-auction, land-property