Land To The South Of Mayden Farm, Tidmarsh Lane, Reading, RG8 8HG

Summary

A copy of an Ordnance Survey extract plan within the particulars of sale shows the approximate boundaries of the property edged in red.

The property comprises an irregular shaped parcel of agricultural/paddock land of approximately 1.63 hectares (28.74 acres) which slopes downwards from north to south and is split into two fields by a hedgerow.

An electricity pylon runs from north to south across the land.

The property is available for sale as a whole or as two separate lots.

The property is contained by wooden post and wire fencing and hedging and is bordered by hedging and woodland to its southern boundary, agricultural and paddock land to its western boundary and paddock land at its northern and eastern boundary.

A public right of way runs along the southern boundary of the property. The right of way has been fenced off from the rest of the property but is included within the sale.

Access to the property can be achieved from Dark Lane to the west and from the A340 to the east via unmade tracks, which benefit from a right of way.

Potential exists for the erection of horse stables, subject to obtaining consent.

Water is available to be supplied on request.

We would refer you to the photographs of the property within the particulars for sale for further information.

Key Points

Tenure

The property will be sold freehold with full vacant possession given on completion.

Services

We are advised that water services can be provided to the property on request however, prospective purchasers are advised to make their own independent enquiries of the individual authorities to verify the capacity and availability of other services such as electricity.

Method of Sale

The property is available for sale by way of informal, non-binding tender with the vendor reserving the right not to accept the highest or any offer and also reserving the right to withdraw the property from sale or to vary the method of sale at any time without notice.

Offers are sought for the freehold interest of the whole property or as two separate lots.

All offers must be made for a fixed sum.

Exchange of contracts is to take place within four weeks of receipt of the draft sale contract with a 10% deposit payable.

Completion is to take place within four weeks of exchange of contracts with the full balance of the purchase price payable immediately upon completion of the sale.

All Offers should be marked “Land south of Mayden Farm, Reading – Offer to Purchase” and addressed to:

Mr Josh Grimes, Haslams Surveyors LLP
Country House
17 Friar Street
Reading
Berkshire
RG1 1DB
or
joshgrimes@haslams.co.uk

Overage

The vendor will require an overage payment if planning permission is granted for development on the property within 21 years from completion. The amount of overage payable will be equivalent to 25% of the uplift in the value of the land attributable to the grant of the planning permission over and above the current sale price making allowance for inflation based on RPI.

Enquiries

All enquiries should be directed to the vendor’s sole agent:

Haslams Surveyors LLP
County House
17 Friar Street
Reading
Berkshire
RG1 1DB

Telephone: 07706 359871 (Josh Grimes)
Telephone: 0118 921 1500 (Switchboard)
Or email: joshgrimes@haslams.co.uk

Viewings

Viewings of the property will be strictly by appointment only. Please note that private parties must not enter the property without prior authority and any inspection of the site is at the prospective purchaser's risk.

Location