THE BISHOP AUCKLAND ESTATE COUNTY DURHAM Residual Land, Allotment Gardens, Residential Development Sites and Fishing Rights For Sale by Public Auction on 14 May 2015 Refer to Lot Plan, inside rear cover The Eden Arms Hotel Reproduced from the Ordnance Survey map with the sanction of the Controller of H.M. Stationery Office Licence No. ES100004883 © CROWN COPYRIGHT RESERVED The plan is published for convenience only. Although it is thought to be correct its accuracy cannot be guaranteed and it does not form part of the contract. NOT TO SCALE. Although it is thought to be correct, 24 LOTS FOR SALE BY PUBLIC AUCTION (unless previously sold). at Westerton, Middlestone, Binchester, Byers Green, Etherley Dene, Newfield and Bishop Auckland, County Durham extending in total to 115.59 acres (46.76 hectares) or thereabouts on Thursday 14 May 2015, with completion on Friday 12 June 2015 at 2:00pm at The Eden Arms Hotel, Rushyford, Newton Aycliffe, County Durham DL17 0LL. Lot 1 1.45 acres of Grassland at Binchester, Bishop Auckland Lot 2 5.47 acres of Arable land and Woodland at Binchester, Bishop Auckland Lot 3 Not Forward Lot 4 Not Forward Lot 5 11.73 acres of Arable land at Westerton, Bishop Auckland Lot 6 9.22 acres of Grassland at Westerton, Bishop Auckland Lot 7 1.26 acres of Allotment Gardens at Middlestone, Bishop Auckland Lot 8 5.83 acres of Grassland at Middlestone, Bishop Auckland Lot 9 2.87 acres of Allotment Gardens at Binchester, Bishop Auckland Lot 10 8.12 acres of Allotment Gardens and Grassland at Binchester, Bishop Auckland Lot 11 4.39 acres of Woodland, Grassland and Pumping Station at Binchester, Bishop Auckland Lot 12 14.72 acres of Grassland at Byers Green, Spennymoor Lot 13 5.01 acres of Grassland at Byers Green, Spennymoor Lot 14 4.10 acres of Allotment Gardens at Byers Green, Spennymoor Lot 15 1.75 acres of Allotment Gardens at Byers Green, Spennymoor Lot 16 7.56 acres of Grassland at Byers Green, Spennymoor Lot 17 4.25 acres of Grassland at Byers Green, Spennymoor Lot 18 3.41 acres of Sports Fields at Byers Green, Spennymoor Lot 19 5.19 acres of Woodland at The Dell, Bishop Auckland Lot 20 5050 yards of Single Bank Fishing in the River Wear Lot 21 13.29 acres of Grassland and Woodland at Etherley Dene, Bishop Auckland Lot 22 4.18 acres of Grassland at Byers Green, Spennymoor Lot 23 0.72 acre Residential Developments Site at Newfield, Bishop Auckland Lot 24 1.14 acre Residential Development Site at Newfield, Bishop Auckland See LOT OVERVIEW PLAN on the inside back cover. GENERAL INFORMATION APPLICABLE TO ALL LOTS 12 The cost of providing Local Authority and other searches will be passed on to the 1. All Legal Documents including Conditions of Sale by Auction, General and Special purchaser and payment will be due on completion of the sale. Conditions of Sale and the Sale Contract, together with Local and other Searches, 13. Prior to the auction, prudent buyers should:- Tenancy Agreements. Enquiries before Contract replies (the Auction Packs) are available a) Take professional advice from a Solicitor and if appropriate, a Chartered Surveyor within a web based Data Room. Contact Smiths Gore for login details on 01325 370500 and Accountant. or email [email protected] giving a name, address and post code and a b) Inspect the lot. telephone number. c) Gain access to the Data Room (or arrange access by a solicitor or other professional 2. All the lots are freehold but some of the lots are subject to Leases, Licences and advisor) to read the Auction Pack. d) Check what is stated about the lots in the catalogue is correct. Agricultural Holding Act Tenancies. Please refer to the individual lot descriptions. e) Have finance available for the deposit (10% of the purchase price) and for Full details are available in the Data Room. completion of the purchase. 3. All lots are sold subject to all rights of support, public and private rights of way, water, 14 At and After the auction:- light, drainage and other easements, quasi easements and wayleaves, all or any other a) If you are the successful bidder, there will be a binding Contract on the fall of the like rights, whether mentioned in this catalogue or not. hammer and you will be required to sign the Sale Memorandum and pay a deposit 4. The vendor has not been in occupation of any of the lots and accurate information equal to 10% of the purchase price, immediately. relating to boundary maintenance, other than roadside boundaries, is limited. Intending b) Payment for the deposit will only be accepted by bankers draft, solicitors’ client purchasers should assume that in a worst case scenario all boundaries will be the account cheque and personal cheque. Cash deposits will not be accepted. purchaser’s responsibility. c) All purchasers will need to provide proof of identity and address. 5. There will be no apportionment of rents paid in advance to the vendor who will retain all (Passport/Photo Driving Licence and a recent Utility Bill) rental payments made prior to the completion date. d) The purchaser will be liable for any insurance cover from 14 May 2015. 6. The vendor has taken the option to tax over parts of the Agricultural and Commercial e) The person or persons named in the Sale Memorandum will be the purchaser. Any areas of their Estate. Buyers should therefore be aware that VAT at the standard rate of request to amend the named purchaser following exchange of contracts will be at 20% will be payable in addition to the purchase price on those areas. Please see the entire discretion of the vendor and if accepted the purchaser will be liable to pay individual Lot descriptions for lots 1, 2 and 5 for details. Where apportionments are an additional administration charge, as referred to in the Special Conditions. required the appropriate calculations will be provided by the vendors’ agents, Smiths f) Searches have been carried out by the vendor. Copies of Searches are available Gore. within the Auction Packs in the Data Room. The cost of Searches will be recharged 7. The majority of lots are sold subject to existing use restrictions. All existing uses are to the purchaser of each lot and will be payable on completion. permitted. A development clawback will attach to the majority of lots, where 30% (50% g) Completion of all lots will take place on Friday 12 June 2015. in the case of Lot 21) of the uplift in value as a result of the grant of planning permission h) All lots are subject to a reserve price. for a non-agricultural, equestrian or forestry use within a period of 80 years from the IMPORTANT NOTICE date of completion will apply. Full details of the clawback provisions are available within Any photographs and information are for illustration and guidance purposes only and should the Data Room. Please see individual Lot descriptions. not be relied upon as an illustration of the state of the property or otherwise. 8. Mines and minerals are excluded from the sale of all lots. 9. Sporting rights, where appropriate, are in hand (with the exception of Lot 20 where the Items shown in photographs should be considered as not being part of the sale of the fishing rights are sold as a single lot) and are included in the sale. property unless specifically stated otherwise, or negotiated direct with the seller. 10. An inspection of all lots may be undertaken at all reasonable times by appointment The measurements provided are for guidance purposes only; measurements should be through the agents (tel. 01325 370500). Parties inspecting the lots must carry a copy of verified by a prospective buyer before proceeding with any purchase, or incurring any costs. this catalogue. Please note that a number of lots are subject to existing Licenses or Services and appliances have not, and will not, be tested by us. Tenancies and care should be taken not to cause damage to crops or endanger the A prospective buyer should obtain independent legal and other professional advice welfare of any livestock. Parties inspecting the land do this entirely at their own risk. concerning the property and all and every issue relating to the transfer of the legal title in the A number of lots can be accessed via existing public rights of way. property to him or her. 11. Areas quoted in the catalogue are approximate and are taken from Ordnance Survey We will not be responsible for any verbal statement made by any member of staff or any data and have not been taken from the Rural Land Registry data/maps. losses that result from such a statement. If you require an opinion regarding an issue relating LOT 1 1.45 acres (0.59 ha) of Grassland at Binchester, Bishop Auckland, County Durham 22 Coloured pink on the plan "± Hagg Beck A 688 A 688 Issues 135.7m DESCRIPTION A useful block of permanent grassland adjoining the A688 between Bishop Auckland and Spennymoor and with easy access and road frontage. TENANCY 137.8m There is no tenancy and the land is sold with vacant possession. Low House BASIC PAYMENT SCHEME Track Entitlements under BPS are included in the sale and will be transferred to the purchaser if required. The claim for the 2015 season will be made and retained by the vendor. SERVICES Sinks No services are connected. SPORTING CLIENT Sporting rights are included in the sale. Track CHURCH COMMISSIONERS FOR ENGLAND DEVELOPMENT CLAWBACK DRAWING TITLE Issues Filling BISHOP AUCKLAND ESTATE Station A user restriction and clawback of 30% of any uplift in value for a period of 80 years will Auction Lot 1 Reproduced by permission of O.S.