Tey Road, Colchester

£50,000

Opportunity to purchase a parcel of land extending to 0.69 acres or thereabouts close to the village of Earls Colne, eleven miles from Colchester, Essex.

DESCRIPTION
Situated in a quiet rural position with stunning and far reaching farmland views this parcel of land extends to approximately 0.69 Acres (0.28 Ha).
Predominately covered by low-lying scrub with a mix of native trees it is understood from the vendor that a dwelling formally stood on the site up until the 1960´s.
The property is shown outlined in red on the plan for identification purposes only.

LOCATION
The Property is located less than 1 mile south east of the attractive and well-served village of Earls Colne.
Colchester and Braintree are both within comfortable driving distance and both offer a full range of amenities together with rail connections to London Liverpool Street.

ACCESS
Access to the property is directly off Tey Road.

LOCAL AUTHORITY
Braintree District Council, Causeway House, Bocking End, Braintree, Essex, CM7 9HB

PLANNING
All planning enquiries should be directed to Braintree District Council on 01376 552525.

RIGHTS OF WAY & EASEMENTS
The land is sold subject to and with the benefit of all existing rights, including rights of way, whether public or private, light, support, drainage, water and electricity supplies and other rights, easements, quasi-easements and all wayleaves whether referred to or not in these particulars.

TENURE & POSSESSION
The land is offered freehold with the benefit of vacant possession.

BASIC PAYMENT SCHEME
No Basic Payment Scheme Entitlements are sold with this land.

SERVICES
Prospective purchasers should make their own enquiries as to the availability of services.

GUIDE PRICE
Offers are invited in excess of £50,000 for the property.

VIEWINGS
At any reasonable time, with particulars in hand, by arrangement with the Selling Agents first.
Stanfords - Reference HW/CC.
01206 842156

METHOD OF SALE
The land is offered for sale as a whole by Private Treaty.

Prospective purchasers should register their interest with the selling agents to whom offers should be submitted. Please contact Hugh Wasteney or Charlie Coe at Stanfords on 01206 842156

BOUNDARIES
The boundaries are based on the Ordnance Survey and are for reference only. The purchaser will be deemed to have full knowledge of the boundaries and areas and any mistakes shall not annul the sale or entitle any party to compensation in respect thereof.

PLANS & AREAS
The plans attached to these particulars are based on Ordnance Survey and are for identification purposes only.

OVERAGE
The vendor reserves 20% of any uplift in the value of the land above the sale value for a period of 20 years from the date of sale completion where such an increase in value is caused by the grant of planning permission for residential use. The overage would be payable on implementation or sale whichever is earliest.

VAT
Any guide price quoted or discussed is exclusive of VAT. In the event that a sale of the property or any part thereof, or any right attached to it becomes a chargeable supply for the purposes of VAT, such tax will be payable in addition.

AML COMPLIANCE
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into effect on 26 June 2017. This requires us to undertake due diligence on property purchasers. Once an offer has been accepted, the prospective purchaser(s) will need to provide, as a minimum, proof of identity and residence and proof of source of funds for the purchase, before the transaction can proceed.


DETAILS PREPARED AUGUST 2021