Under Offer

Gaerwen — Ref: LLN220079

£10,000

FOR SALE BY PUBLIC AUCTION - 28th July 2022 An excellent opportunity to purchase a block of 44.46 acres, agricultural land situated in a prominent position in the village of Gaerwen. Price Guide: £10,000-£12,000 per acre Public Auction at 2pm on Thursday 28th July 2022 at The Town Hall, Llangefni, Ynys Môn

Description

Directions

From Llangefni proceed along the A55 expressway towards Bangor, exit the A55 at junction 7 turn right passing the science park at the roundabout take the 3rd exit the land can be found on your left hand side, with a convenient access on the A5 before the Gaerwen Arms public house and also on Chapel Street.

Description

An useful parcel of land, approx 44.64 acres, situated in a prominent position within the village of Gaerwen with easy access onto the A55 expressway.The land is presently down to pasture with a natural and mains water supply and good roadside access onto Chapel Street and the A5.An excellent opportunity to extend an existing holding.

Services

Mains and natural water supply.

Rights of Way & Easements

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

Plan

The plan provided is for identification purposes only.

Viewing

Stricty by Appointment as there is stock on the land. Please contact Llangefni Office.

Overage Agreement

The land is subject to an overage clause of 30% over a period of 30 years.

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 statementCredit 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 Property.Prior to auction, buyers should verify auction payment methods acceptable to attending solicitors. Payment made to Morgan Evans Property can be made by any of the following methods;Debit card or Bankers Draft

Solicitors

Mr Vernon Oliver, Messrs Gamlins Solicitors, Parc Menai, Bangor, Gwynedd

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 made payable to "Morgan Evans Property".

Registration & Legal Pack

The Legal Pack will be available to download from our website approximately 2 weeks prior to auction. A copy of the Registration Form can be found within the Legal Pack. Please bring the completed Registration Form with you on the day of auction.