Land

FOR SALE BY ONLINE AUCTION ON WEDNESDAY 22ND MARCH 2023

23.70 Acres or Thereabouts of Land at Ilam Moor Lane, Ilam, Ashbourne, Derbyshire, DE6 2BD

A sound block of Grassland generally southfacing with excellent road access. Of Interest to farmers, Investors and Speculators.

Guide Price - £200,000- £250,000

ONLINE REGISTRATION AVAILABLE SEVEN DAYS BEFORE THE AUCTION THROUGH OUR WEBSITE

Online Auction Briefly Explained - -
.Registration and contract accessible SEVEN DAYS BEFORE the auction and no sooner. Register via the blue box on our website listing.
.Needed for registering - contact details, bank details ID and solicitor's details. You may need to register for lots individually.
.9am auction day - bidding starts on all lots. Either bid throughout the day or put in a maximum bid and the system will bid up to that amount for you. Each lot has an individual finish time from 5pm onward, the running order will be advertised.
.ADVISORY: bidding at the last moment is not recommended. Loosing internet connection may not submit your bid and you risk losing out.
.If successful, you will receive an email the following day detailing the next steps. We contact both yours and the vendor's solicitor too, so please ensure to enter your solicitor's details when registering.
.If unsuccessful, the pending transaction disappears within days, and you incur no costs.
.IN DEPTH DETAILS LISTED BELOW

Situation - The land lies 0.6 miles from Ilam and 6.1 miles from Ashbourne.

The land is shown on the attached location plan.

What 3 Words - ///dazzling.clarifies.glosses

Description - The land comprises a ring fenced block of sound grassland which is predominately south facing, and has been utilised for silaging and has grown excellent crops.

The land is accessed directly off Ilam Moor Lane and benefits from track up the south eastern boundary.

The land is considered to be in good heart and capable of growing good crops of grass for either mowing or grazing purposes. There is an area of woodland on the northern boundary providing a useful shelter belt and conservation benefits.

The land is further set out in the schedule below:-

Field No. Description Area (Ha)
0986 Grassland 1.23
1674 Grassland 3.44
2692 Grassland 3.93
2805 Woodland 0.71
3499 Woodland 0.28
9.59 hectares or 23.70 acres

Services - We understand that the existing troughs on the land are fed by a supply from the vendors retained property and will be cut off prior to completion.

We understand the mains water runs through Ilam Moor Lane and interested parties should rely on their own enquiries with regards to making a new connection with the water authority.

Basic Payment Scheme - The land is registered for the basic payment scheme and annual entitlements have been claimed. The Entitlements will be transferred to the purchaser if required in readiness for the 2023 claim subject to the rules of the RPA.

The purchaser will be required to pay a transfer fee to the agents to facilitate this in the sum of £100 plus VAT.

Local Authority - The local authorities are Staffordshire County Council and Staffordshire Moorlands District Council.
The land also lies within the Peak District National Park.

Tenure & Possession - The land is freehold and vacant possession will be obtained on completion of sale.

Viewing - At any reasonable time with a set of these particulars.

Mapping - The plans provided in these particulars are indictive and for identification purposes only and interested parties should inspect the plans provided with the conditions of sale with regards to precise boundaries of the land.

Wayleaves & Easements - The property is sold subject to and with the benefits of all rights, including rights of way, whether public or private, light, support, drainage, water and electricity supplies and other rights and obligations, easements, quasi easements and restrictive covenants and all existing and proposed wayleaves for masts, pylons, stays, cables, drains and water, whether or not referred to in these stipulations, the particulars or special conditions of sale.

Please Note - The agent has not tested any apparatus, equipment, fixtures, fittings or services and cannot verify they are in working order or fit for their purpose, neither has the agent checked the legal documents to verify the freehold/leasehold status of the property. The lessor is advised to obtain verification from their Solicitor or Surveyor.

Guide Price - The guide price is issued as an indication of the auctioneer's opinion of the selling price of the property. Each property offered is subject to a reserve price which is agreed between the seller and the auctioneer prior to the auction and which would ordinarily be within 10% (+/-) of the guide price. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. For a full definition of guide price and reserve price please contact the auctioneers.

Conditions Of Sale - The conditions of sale will be deposited at the offices of the auctioneers and the vendors solicitors seven days prior to the sale. They will also be available for inspection seven days prior to the auction.

Solicitors - Mrs Joy Hancock
Bowcock & Pursaill Solicitors
9-11 Carter Street
Uttoxeter
Staffordshire
ST14 8HB

Tel [use Contact Agent Button]

Buyers Fee - The successful buyer of each lot shall be required to pay a buyer's fee of £250 + VAT (£300 including VAT) to the auctioneers. This is due on
the fall of the hammer. The buyer will be provided with a VAT receipt following the auction.

Money Laundering Regulations - Please note under the above regulations all potential buyers who intend to bid at property/land auctions must register prior to the commencement of the auction and provide two forms of 'ID'.
. . A photographic ID, such as a current passport or new style UK driving licence.
AND
. . A utility bill, bank or building society statement, or credit card bill issued within the previous three months, providing evidence of residency at the correspondence address.

Registration facilities are available in the auction room from 6:30.

Graham Watkins Online Auction - Graham Watkins & Co Online Auctions is a new, innovative and pioneering platform for buying and selling property.
It provides all the benefits synonymous with traditional auctions, including: speed and certainty of sale, transparency and zero risk of gazumping or double-selling, but with the added advantage of being able to bid pressure free from the comfort of your own home or office via desktop, tablet or mobile phone.

Registration Process - In order to bid at Graham Watkins & Co Online Auctions you will first need to create an account by providing your contact details. You will be required to verify your email address, by clicking an activation link that we'll send to you via email. Once you've created an account you can watch' lots that you're interested in (you'll be kept up-to-date throughout the auction cycle), as well as gain access to the legal packs. In order to place a bid on a lot you will need to complete the bidder registration steps, as detailed below. Please note, the first time you register to bid you will also be asked to verify your mobile number and upload copies of your photo ID (e.g. Driver's licence or passport) and recent proof of address (dated within the last 3 months). This is required so we can easily keep in touch and helps us confirm your identity in the event of you purchasing a lot.

Terms & Conditions - ENSURE YOU READ, UNDERSTAND AND ACCEPT THE TERMS AND CONDITIONS

You will be asked to read and accept our Online Auction Terms and Conditions. Additionally, there may be specific documentation relating to the sale of the property you're registering to bid on that will need to be read and accepted before you are able to bid.
Once accepted, you will receive a copy of the document(s) via email for your own records.

Your Solicitors - PROVIDE DETAILS OF YOUR CHOSEN SOLICITOR
You will be asked to provide details of your chosen solicitor, so that in the event of you wining the lot we can initiate the necessary legal proceedings between yours and the vendor's solicitors.

Aml Check - COMPLETE AN ONLINE ANTI-MONEY LAUNDERING CHECK

Graham Watkins are required by law to carry out an online anti-money laundering check on all persons wishing to bed. You will be asked to provide information to verify your identity, including your date of birth, addresses for the last 3 years and at least one of passport, driving licence or national insurance number.

Bidder Security - REGISTER YOUR CREDIT OR DEBIT CARD FOR THE BIDDER SECURITY

In order to bid online you will be required to register a credit or debit card for the bidder security deposit. We use Stripe who provide a secure, online card registration facility, and they will attempt to place a hold on funds' on your account for the bidder security amount (often known as a payment shadow' as no money is taken at this stage). The bidder security amount will be clearly displayed when registering your card.
On the fall of the electronic gavel, the winning bidder's card will be automatically debited for the bidder security amount, whilst all the unsuccessful bidder's cards will have their shadow payments released (this can take several days depending on the card provider). For more information about this process please read the detailed explanation at the end of this document.

Auctioneer Review - FINAL STEP AUCTIONEER REVIEW

REVIEW Once you have completed the bidder registration steps, Graham Watkins & Co will review your registration to bid. We may contact you to obtain some additional information, so that we can electronically verify your identity with a credit reference agency this is a quick and simple process which leaves a soft footprint' and doesn't affect your credit score. You will be notified by email as soon as you have been approved to bid.

Due Diligence - RECOMMENDED DUE DILIGENCE BEFORE BIDDING

In general terms, you are strongly advised to view the property and take professional advice as to its condition and suitability. You should also ensure that you thoroughly read and understand the legal pack and any other associated documentation available online and take proper legal advice accordingly. Finally, understand the contract you are entering into and the financial commitment that you will be liable for should you be the successful purchaser.

Guides & Reserves - UNDERSTAND THE GUIDE PRICE AND RESERVE PRICE

What is a Guide Price?
A Guide Price is an indication as to where the Reserve is currently set. It is not necessarily what the auctioneer expects to sell the lot for and should not be taken as a valuation or estimate of sale price. The reserve will not exceed the Guide Price by more than 10% if it is a single figure Guide price, and if a Guide Price range is quoted, the Reserve will fall within that range.

Bidding - STRESS-FREE BIDDING FROM THE COMFORT OF YOUR OWN HOME

When the auction opens, you will be able to place bids in line with the pre-determined bid increment levels, using the bid increase (+) and decrease () buttons provided. Having set your preferred bid amount and clicking the Place Bid' button, you will be asked to confirm your bid at which point it will be placed.
Every time you submit a bid you will be clearly shown whether your bid was successful, and a full list of all bids is displayed on-screen at all times.

Proxy Bids - Maximum (proxy) bids:
You are not restricted to placing a bid at the minimum bid amount but can instead increase your bid and place a maximum (proxy) bid in the system. By setting a maximum bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your maximum bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.

How proxy bids work with the reserve price:
Virtually every lot is sold subject to a reserve price (the minimum price that the auctioneer is authorised to sell for on the day). When you submit a maximum bid, the actual bid placed by the system will depend on where the reserve price is in relation to your maximum bid, as defined below.

If your maximum bid is below the reserve price
- The system will place an immediate bid at your maximum bid amount.

If your maximum bid is at or above the reserve price
- The system will automatically increase your bid to be at the reserve and will only bid again on your behalf if you are subsequently outbid by another bidder (up to your maximum bid amount).
- If another bidder has already placed the same maximum bid or higher, they will be the highest bidder at you max bid level and the system will notify you via email so you can place another bid.

Your maximum bid is kept completely confidential it's presence or amount are not disclosed to the auctioneer, vendor or any other bidder

Fall Of The Gavel - FALL OF LEGAL POSITION WHEN YOU'VE WON THE AUCTION

We offer property for sale by immediate, unconditional contract. This means that the fall of the electronic gavel constitutes an exchange of contracts between the buyer and seller. Both parties are legally bound to complete the transaction usually within 28 days following the close of the auction but this will be confirmed within the legal documentation.

Post Auction - WE'LL GUIDE YOU THROUGH TO COMPLETION

If you are the successful purchaser, we'll be in touch following the online auction to discuss the next steps. The system will take the bidder security amount from your registered credit or debit card (all underbidders will have their hold on funds released); the contract will then be signed on your behalf with copies being sent to both your solicitor and the seller's solicitor and the successful purchaser will be required to transfer a 10% deposit to the auctioneer, or as directed.

Payment Explained - PAYMENTS HOW THE PAYMENT REGISTRATION WORKS

In order to bid online you are required to submit details of a credit or debit card. When you register your card, we will be placing a hold on funds on your credit card (or bank account if you use a debit card), to the value of the bidder security deposit. This means that the amount we're holding will affect the available amount you have to spend on your card, as the amount will be ring-fenced and you will not be able to spend it until the hold has been released.