A versatile parcel of permanent grassland extending to approximately 1.96 acres occupying a prime position to the north of Preston village. The land, of ridge and furrow topography, is bounded by post and wire fencing with mature hedgerows and is considered suitable for grazing or amenity purposes with the potential for future development, subject to the necessary planning consents. The land is currently split into three areas consisting of two paddocks and an area with a temporary livestock shelter.
Location
The Land is located on the northern edge of Preston village of which itself is located around 7 miles to the east of Hull city centre. The land has the benefit of road frontage and access to Wyton Road (B1239) which leads in a northern direction to Bilton.
Planning
No planning permission currently exists for development on the land.
Overage
The sale of the land is subject to an overage clause, whereby the Vendor or their Successors in Title will receive 20% of any uplift in value arising as a result of obtaining any planning permission for a change of use from agriculture or domestic equestrian grazing use for a period of 15 years from the completion of sale.
Tenure
The land is for sale freehold with vacant possession upon completion.
Agri-Environment
The land is not included within an agri-environment scheme.
Nitrate Vulnerable and Surface Water Protection Zones
The land is located within a Nitrate Vulnerable Zone.
Services
We are not aware of any services being connected to the land.
Viewing
Strictly by appointment through the Auctioneer on 0845 400 9900.
Method of Sale
The property will be offered for sale by online auction with bidding commencing at 12 noon on Monday 26th May 2025 and closing on Wednesday 28th May 2025 at 1.00pm. For further legal information relating to this lot please log on to auctionhouse.co.uk/hullandeastyorkshire.
Conditions of Sale
The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer’s offices, with the solicitors and on-line at auctionhouse.co.uk/hullandeastyorkshire prior to the date of the auction.
Additional Fees
The purchaser will be required to pay an administration charge of £900 (£750 plus VAT) and a buyer’s premium of £720 (£600 + VAT) in addition to the purchase price of the property.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each 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.
Disbursements
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Solicitors
Wykes O'Donnell Williams, 14-15 Queen Street, Ilkeston, Derbyshire, DE7 5GT, Ref: James Newton, Tel: 01159 328 776
Online bidding
If you want to bid on this property, copy and paste the link below into your URL bar or into a Google search and it will take you to a video that explains the process: youtube.com/watch?v=ImXr4HXR36c
