DESCRIPTION
extending to approximately 5.54 Acres (2.24
Hectares) (STMS)
fronting the March Bypass
and located on the opposite side of the
to land allocated in the Local Plan
bounded by Isle of Ely Way (A141) to the East
and drains to the North and West. The land
being sold is registered under Title Number
CB217718.
ACCESS
The land is accessed directly off Isle of
Ely Way (A141).
POSSESSION The land is offered
the benefit of vacant possession upon
completion of the sale.
OVERAGE CLAUSE The land is
subject to an overage clause such that the
Vendors, and their successors in title, reserve
40% of the increase in value for a period of 25
years. It is intended for the
be triggered by residential and commercial
development, including but
associated infrastructure, roads, accesses
roadside services, telecommunication
renewable energies etc. It is not
equestrian use, or similar,
overage clause.
RIGHTS OF WAY & EASEMENTS
offered subject to all existing rights, including
rights of way whether private or public, light,
support, drainage, water and elec
and other rights, easements, quasi easements
and all wayleaves whether referred to or not in
these particulars.
A powerline crosses the property, for further
details regarding the easement refer to the
Auction legal pack.
OUTGOINGS
The land falls within the
boundaries of The Middle Level Commissioners
and the March Third District Drainage
Commissio
ners, for which the Drainages Rates
for 2019/20 are £94.64 and £0.91 respectively.
METHOD OF SALE
The property is offered for
sale by public auction at
£40,000+ at 19:00 on 19
th
Oliver Cromwell Hotel, High Street, March
Cambridgeshire PE15 9LH.
TERMS OF SALE T
he Auction Information and
Legal Pack will be available for inspection
to the Auction. Digital copies of this pack will be
available for distribution via email to interested
parties or their Solicitors. The sale will be with
comple
tion within 28 days of the auction date.
At the fall of the hammer the successful
Purchaser will be required to pay by cheque
10% of the purchase price with the balance
upon completion.
Purchasers will also be required to reimburse
the Vendor for the cos
which will be announced prior to the sale.
Prospective purchasers are therefore strongly
advised to make their financial arrangements
BEFORE attending the Auction
Vendor's Solicitor:
Marchmont House, 62 High
Cambridgeshire, PE15 9LF.
Telephone: 01354 602880
Reference: Helen Jarvis
VIEWINGS
The land may be viewed at any
reasonable hour with a copy of these particulars
in hand.
FOR FURTHER INFORMATION
any queries please call our March Professional
Office on 01354 602030 and ask for Shirley
Pollard or Victoria McIlroy.
PARTICULARS PREPARED 31
st
July 2019
march@maxeygrounds.co.uk
Agricultural
Offices at March and Wisbech