Gwalchmai — Ref: 5716

£7,000

FOR SALE BY PUBLIC AUCTION (Unless previously sold or withdrawn)

A small parcel of approx 4.15 acres of good quality agricultural land in four convenient enclosures. The land is situated directly on the outskirts of the village of Gwalchmai, this parcel of land should be of particular interest to hobby farmers or equine enthusiasts.
Price Guide: £7,000 - £9,000 per acre

Available for Sale by Public Auction at 3pm on Thursday 20th June 2019 at Oriel Môn, Rhosmeirch, Llangefni, Ynys Môn, LL77 7TQ.

Description

Directions

From our Llangefni office proceed along the A5 towards Gwalchmai. Take a left turn into Gwalchmai opposite the toll house. Proceed through Gwalchmai and the land is on your left hand side as you leave the village.

Description

Approx 4.15 acres of land situated on the edge of the village of Gwalchmai. A handy parcel of land presently down to pasture with roadside access.

Overage Clause

There is an overage clause on the land, 20% over 10 years. See legal pack for further details.

Location

Located in central Anglesey within easy access to the A55 expressway, and close to the market town of Llangefni.

Tenure

We are informed by the vendor (the seller) that the land is Freehold with vacant possession upon completion.

Single Farm Payment/Single Payment Scheme

The land is offered for sale excluding any single payment entitlement.

Services/Right of Way/Easement

The land is offered for sale subject to and with the benefit of all rights whether specifically referred to or not. See legal pack for further details.

Boundaries

The purchaser shall be deemed to have full knowledge of all boundaries and neither the vendors nor vendors agent will be responsible for defining boundaries or ownership of.

Viewing

Strictly through appointment with the agent.

Buying at Auction

Buyers are required to make their own investigations to satisfy themselves as to the condition of their purchase. Buyers intending to bid at auction are strongly advised to consult a legal adviser for independent advice on legal documentation and to make any pre-contract enquiries prior to bidding. Successful buyers are advised that the contract is binding on the fall of the gavel.

Proof of Identity

To comply with money laundering regulations all successful bidders are required to provide photographic identification and proof of address when signing the Memorandum of Sale. Acceptable photographic identification
Current passport or UK driving licence, Acceptable proof of address, Original utility bill, Building society or bank statement
Credit card statement. Any other form issued within the last 3 months that provides evidence of residency at the correspondence address.

Deposit

Deposits are to be paid on the Fall of the Hammer to either the attending acting solicitor or Morgan Evans & Co Ltd.
Prior to auction, buyers should verify auction payment methods acceptable to attending solicitors. Payment made to Morgan Evans & Co Ltd can be made by any of the following methods;
Debit card or Bankers Draft
Personal Cheque (subject to prior arrangement).

Solicitors

The solicitors for the vendors are Mr Arwel Lewis Jones, Breese Gwyndaf Solicitors, 60 High Street, Porthmadog, Gwynedd, LL49 9LL.

Administration Charge

In addition to the 10% deposit payable, an administration fee of £800.00 plus VAT (£960.00) is payable at the same time as the contractual deposit on each lot purchased.

Registration & Legal Pack

The Legal Pack will be available to download from our website approximately 3 weeks prior to auction. A copy of the registration form can be found within the Legal Pack or contact the office for a form. Please bring the form with you on the day of Auction or alternatively register at the venue.