March 2020: Thursday 26 March 2020 - 10:00am
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    Key features

    • Irregular shaped plot
    • 3.86 acres

    Description

    An irregular shaped parcel of amenity/recreational land and woodland

    The River Eye runs through the property

    Weir structure in situ

    Riparian rights to part of the River Eye that runs through the property

    Additional information

    Tenure

    Freehold.

    Accommodation

    Site Area 3.86 acres

    Notes

    (i) The purchaser will be legally obliged to maintain and operate the weir structure properly, which includes the fulfilment of all land drainage bye-law obligations. Appropriate covenants in favour of the Environment Agency will be included in the transfer document, requiring the purchaser to maintain the weir in operational condition.

    (ii) The property incorporates a section of the River Eye and will include relevant riparian rights and responsibilities. Since the situation of the land means that it falls within the flood plain of the river, it is therefore unsuitable for development. Appropriate provision will be included in the transfer document to preclude development.

    (iii) In order to perform its Statutory function, the Environment Agency will require occasional future access to/across the property. Again, appropriate provision will be included in the transfer document to facilitate this.

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      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Melton Mowbray, with a population of 25,554, is a town located 19 miles north-east of Leicester and 20 miles south-east of Nottingham

      The property is located to the north-west of Badger Avenue, a road on a newly built estate, which runs off Leicester Road

      Access to the land is via a pathway which runs to the north-west of The Old Mill House and slightly to the north-west of the railway line next to the new built housing estate. The entrance to this is via an unmarked road which runs off Leicester Road (before Badger Road) and continues to the left as you drive in where you will find the Old Mill House

      Transport

      Melton Mowbray (National Rail)

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums