Property Details

COMPRISING 170.77 ACRES WITH OUTLINE PLANNING PERMISSION FOR A FARM DWELLING

TIR GOFAL SCHEME TO 04.07.2012
ORGANIC CONVERSION SINCE 15.05.2007
(ALL PAYMENTS FROM 15.05.2007 TO GO TO PURCHASER)

FOR SALE
BY PUBLIC AUCTION
(SUBJECT TO CONDITIONS & PRIOR SALE)
AT
THE VILLAGE HALL, PENYBONT
LLANDRINDOD WELLS

ON
TUESDAY 19TH AUGUST 2008
AT
6.00PM

DETAILS FROM KINGTON OFFICE 01544 230 316
OR
RICHARD GWILLIAM 07970 160 891

Lower Gilwern is an unusual but attractive agricultural property situated about 2 miles south east of Llandrindod Wells at the end of a Cul de Sac road leading from the south of Llandrindod Lake and past the golf course. It can also be accessed off the road from Howey to Hundred House.

The property enjoys a quiet location surrounded by lovely countryside. It comprises of approximately 170 acres of pasture and has the benefit of outline planning permission for and agricultural dwelling on NRG 4084.
The land is in the Tir Gofal scheme, which commenced on 4th July 2002 for 10 years. Four years of the scheme remain. A large number of hedges and fences have been renewed under the scheme.

The land is in conversion to organic. This commenced on 15th May 2007. To date no payment has been received by the vendor but if the purchaser wishes to continue with the scheme the vendor will transfer all payments due to the purchaser.

The land is within a ring fence and divided into good size enclosures. It is mostly level and laid to pasture; a certain amount of reseeding has been done recently. It is watered by natural supplies. It offers excellent grazing and is very productive. It is as described in the following.

Schedule

NRG Description SFP Area
7989 Pasture 1.72 1.75
7874 Pasture 1.60 1.90
9180 Pasture 2.63 2.63
9665 Pasture 4.88 4.88
8850 Pasture 3.79 3.79
0243 Pasture 2.62 2.62
1260 Pasture 2.81 2.81
1477 Pasture 0.92 0.92
0386 Pasture 2.22 2.25
1393 Pasture 1.04 1.04
1886 Pasture 0.72 0.72
2176 Pasture 0.85 0.85
2258 Pasture 0.82 0.82
2895 Pasture 1.44 1.48
2886 Pasture 1.08 1.08
2878 Pasture 0.50 0.52
3673 Pasture 2.17 2.17
4084 Pasture 1.75 1.76
4765 Pasture 9.86 10.06
5758 Pasture 4.26 4.26
3844 Pasture 1.14 1.14
7502 Pasture 5.64 5.64
8481 Pasture 3.47 3.47
9001 Pasture 0.78 0.78
9310 Pasture 1.97 1.97
9319 Pasture 0.74 0.74
0519 Pasture 0.84 0.84
0206 Pasture 1.34 1.34
5293 Pasture 4.87 4.88
68.47ha 69.11 ha
170.77 acres

Method of Sale
The property will be offered for sale by public auction in one lot on Tuesday 19th August 2008 at the village hall, Penybont, Llandrindod Wells at 6.00pm. The purchaser will pay a deposit of 10% of the purchase price at the fall of the hammer. Purchaser must have a form of identification (passport or driving licence).

Special Conditions
The property will be sold subject to the special conditions of sale incorporated in the contract, which has been prepared by the vendors’ solicitors. The contract and special conditions of sale will be available for inspection at the offices of the vendors’ solicitors, or at the offices of the agent, seven days prior to the auction.

Purchaser shall be deemed to have notice of such conditions and all the terms thereof, and shall be deemed to bid on these terms whether or not the purchaser has inspected them. The special conditions of sale having been available to the purchaser will not be read at the auction.

Ingoing
Land is sold free from ingoing.

Tenure
Tenure is Freehold

Possession
Vacant possession will be given on completion of the purchase

Entitlements
The purchaser will pay for 68.47 Welsh Entitlements value 209.72 Euros the sum of £20,000 + VAT at 17 ½ %

Organic Payment
The vendors have entered the land in conversion to Organic status. This started on 15.05.2007. The vendors have not yet received any payment. If the purchaser wishes to proceed with the conversion the vendor will allow all monies due to go to the purchaser.
The payment for 2 years should be £300/hectare, £20,541.00 in total

Tir Gofal
The farm is in the Tir Gofal scheme. Entry was on 04.07.2002 for 10 years.
Approximately 69 hectares are in Tir Gofal with an estimated annual receipt of £4,697.
There is a standing prescription of 59.53 LSU
(1 cow = 1 LSU 1 sheep = 0.15 LSU)

Viewing
By appointment through the sole selling agents McCartneys LLP 01544 230 316 or
Richard Gwilliam 07970 160 891

Office Opening Hours
Mon – Fri 9.00am – 5.00pm
Sat 9.00am – 12.00pm

Health & Safety
The agents advise all prospective purchasers to take due care when viewing the property.

Vendors Solicitor
Mr P Wilcox Jones, Dilwyns, Station Crescent, Llandrindod Wells, Powys
01597 822 707

Details July 2008

NOTE: The selling agents wish to remind prospective purchasers that the services, service installations, heating & electrical appliances have NOT been tested.

NOTICE Floor Plan for illustrative purposes only, not to scale. All measurements and distances are approximate. The normal enquiries carried out by a purchaser’s Solicitor and the type of inspection undertaken by a purchaser’s Surveyor have not been carried out by the Selling Agents for the purpose of preparation of these particulars.

Messrs McCartneys LLP for themselves and for the vendors or lessors of this property whose agents they are give notice that: the particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract; no person in the employment of McCartneys LLP has any authority to make or give any representation or warranty whatever in relation to this property.

MCCARTNEYS LLP
REGISTERED OFFICE: McCartneys LLP, The Ox Pasture, Overton Road, Ludlow, Shropshire SY8 4AA. Tel: 01584 872251. REGISTERED NO: OC310186