Off Back Road and Leicester Road, Tilton On The Hill, LE7 9LF

DESCRIPTION
The land is situated immediately to the south of the Leicestershire village of Tilton on the Hill, adjoining the village boundary and Back Road.

The land is accessed via a field gate from Back Road to the grass field. The land comprises approximately 21.94 acres (8.88 hectares) of permanent pasture and is ideal grazing or for amenity land on the boundary of this popular Leicestershire village.

UPLIFT CLAUSE
Home Field is to be sold with a 50% uplift clause attached to the land whereby the Vendor would be entitled to 50% of any net increase in the value of this land if planning permission is obtained to develop this land into any other use than an agricultural or equestrian use.

If any form of development other use than an agricultural or equestrian use takes place within thirty years of the sale completion date, the vendor would be entitled to 50% of any net increase in value attributable to the planning consent. Any uplift sum would be payable at the commencement of any development.

The precise wording / terms of any uplift clause would have to be negotiated and agreed with the purchaser and subject to each party’s lawyers’ approval.

METHOD OF SALE
The land is offered available for sale as a whole with vacant possession being given on completion.

BEST & FINAL OFFERS
Due to the amount of enquiries and offers received, our client has requested that we write to all interested parties inviting them to submit “best and final bids” to purchase this land, in writing by 12.00 pm on Thursday 19th May 2022.

Please provide the following information in your offer letter:

•Your full name, address and all relevant telephone numbers and your email address.
•The specific Lot / Lots which you would like to place an offer to purchase
•The amount of your offer.
•Whether your offer is cash or subject to finance.
•Purchaser’s intended timescales for an exchange and completion of contracts.
•The details of your Solicitor.

Please note all offers are to be made on the below basis:

•Offers must quote a specific sum, referential bids will not be accepted i.e. "I will offer £1,000 in excess of the highest bid received."
•The Vendor reserves the right not to accept the highest or any indeed offer.
•Uplift Clause: Any offers submitted to purchase the property as a whole or for Lots 1 and 7 are to be made on the understanding that these lots are being sold subject to an uplift clause, whereby the vendor would be entitled to 50% of any net increase in the value of this land attributable to any future planning consent being obtained to development this land for a period of 30 years from the sales completion date. Any uplift sum payable would be payable at the commencement of any development. The precise wording of any uplift clause will be subject to each party’s lawyers’ approval.
•The Vendor will give preference to any offers received where the purchaser is able to proceed to an exchange of contracts within five weeks of Solicitors being instructed.
•In accordance with Money Laundering Regulations, the successful bidder will be required to provide proof of identification and also “proof of funds” prior to the offer being accepted and Solicitors instructed.

Please supply your offer letter in a sealed envelope marked "Tilton Land Offer" and either deliver it by hand or send it to Mr. G. R. Murray, Murray Estate Agents, 5 Market Street, Oakham, Rutland, LE15 6DY or via email to grant@murray.co.uk.

PLAN
The grass land is shown delineated red on the attached plan, which is not to scale and to be used for identification purposes only.

SERVICES
There is currently a mains water supply to the farm as a whole.

None of the services, fittings, or appliances (if any) heating installations, plumbing or electrical systems, telephone or television points have been tested by the Selling Agents.

GUIDE PRICE
The land is offered available for sale by private treaty at a Guide Price of £300,000.00.

TILTON ON THE HILL
Tilton-on-the-Hill is a delightful village lying to the south-west of Oakham and east of Leicester. It is conveniently located for a number of centres including Melton Mowbray, Loughborough, Market Harborough, Uppingham etc.

Within the village are the usual facilities including shop/general store, public house and church.

Sporting facilities are many and varied in the area including cricket, football, rugby football, tennis, bowls golf etc. The horse is a delightful creature and there are many opportunities in the countryside surrounding Tilton for riding, hacking and hunting.

VIEWING
By appointment to be made through the Selling Agents please. If you are travelling a long distance please telephone prior to departure to ensure the property is still available and to discuss any particular points which are likely to affect your interest in this property in order that you do not make a wasted journey.

OFFICE OPENING HOURS
Monday - Friday 9.00 - 5.30
Saturday 9.00 - 4.00
Bank Holidays 10.00 - 2.00

DISCLAIMER
1. The particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchasers and do not constitute, nor constitute part of, an offer or contract. No responsibility is assumed for the accuracy of individual items. Prospective purchasers and lessees ought to seek their own professional advice.

2. All descriptions, dimensions, area, reference to condition and necessary permission for use and occupation and their details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection, or otherwise as to the correctness of each of them.

3. No person in the employment of Messrs Murray has any authority to make or give any representations or warranty whatever in relation to this property or these particulars or enter into any contract relating to this property on behalf of the vendor.

4. No responsibility can be accepted for any expenses incurred by intending purchasers or lessees in inspecting properties which have been sold, let or withdrawn.

5. It should not be assumed that the property has all necessary planning, building regulation or other consents. Where any reference is made to planning permission or potential uses, such information is given in good faith.

6. The information in these particulars is given without responsibility on the part of the agents or their clients. These particulars do not form any part of an offer of a contract and neither the agents nor their employees has any authority to make or give any representations or warranty in relation to this property.

Money Laundering Regulations 2003

Anti-Money Laundering Regulations came into force in March 2004. These regulations affect estate agents, there will be requirement that Murray's confirm the identity of its seller and buyers.