Plot for sale: Over Norton Road, Chipping Norton, Oxfordshire, OX7


Reference: 35465_MIM200015

Summary

FOR SALE BY ONLINE PUBLIC AUCTION IS THIS 1.45 ACRE PLOT OF LAND ON THE EDGE OF CHIPPING NORTON

Description

1.45 acre post and wire fenced pasture paddock
The paddock is accessed off the Over Norton Road by a five bar gate and pedestrian gate
Part of the land is on a bank with a more level section in the top western corner
There is a public footpath which runs inside the eastern boundary of the land



PROPERTY DESCRIPTION
FOR SALE BY ONLINE PUBLIC AUCTION
(unless previously sold or withdrawn)
on Thursday 2nd April 2020 at 6pm.

RESERVE PRICE
The property will be offered subject to an undisclosed reserve price and the sellers reserve the right for the Auctioneers to bid on their behalf up to the reserve price

LEGAL DOCUMENTATION
The Contract, Conditions of Sale and Searches will be forwarded to prospective purchasers, or their solicitors, by the auctioneers by email

UPLIFT CLAUSE
An uplift clause will be included within the contract
Term: 30 years
Payment: 50% of uplift in value
Trigger: Grant of Planning Permission for development

POTENTIAL PLANNING
The owners have made no enquires to the Local Authority
Potential purchasers are advised to take their own advice
Please note that although there is no planning permission there is a covenant on the land to restrict building to two residential dwelling houses with usual outbuildings in the occupation of a single family

MONEY LAUNDERING REGULATIONS
Anyone wishing to bid on the online auction will be required to provide proof of identity and address before the auction commences. A digital check is available within the online auction platform

ADMINISTRATION FEE
The successful purchaser will be liable for an administration fee of £540 (£450 plus VAT), payable to Hayman-Joyce

VIEWING
You are welcome to view the land unaccompanied, with a copy of this brochure
Please access via the public footpath gate off the Over Norton Road

ONLINE AUCTION
Due to recent events it is not possible to run a public auction, therefore we have switched to an online auction and delayed the auction by one week to Thursday 2nd April 2020 at 6pm to give time for the amended auction contract to be drawn up by the solicitors. An updated legal pack for the change in auction to an online auction is now available. To bid in the auction please visit our website, click on the property (bottom of our homepage as a highlighted property) and follow the link on the properties page and you will be asked to register and complete you AML checks to enable you to bid in the online auction

SITUATION
Edge of Chipping Norton
A market town offering a wide selection of shops and amenities for daily requirements
Doctors, dentist, restaurants and a small theatre
The city of Oxford is 20 miles to the south-east and access to the M40 is at Banbury
There is a mainline station at Charlbury with fast trains reaching Paddington in about 80 minutes

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Reference: 35465_MIM200015
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Contact Agent

Hayman-Joyce
Tel: 01608 651188