batford farm
TRANSCRIPT
BATFORD FARM
Common Lane, Harpenden,
Hertfordshire AL5 5DN
Barns with planning approval for change of
use and conversion into four dwellings,
together with a field extending in total to
approximately 2.506 hectares (6.19 acres)
Guide Price - £675,000
For sale by Formal Binding Tender.
Description
The barns are modern, utilitarian, agricultural
buildings comprising of Atcost concrete frame
with corrugated asbestos sheet roofs and
steel frame with corrugated asbestos roof.
The site adjoins the Katherine Warington
Secondary School (which in line with other
schools in the area has an alcohol and
entertainment licence) and is to be purchased
as seen; including heaps of hardcore and
manure.
Planning
The site lies within the Green Belt and the
Planning Authority is St Albans. To the north
west of Common Lane the Council proposed in
the Local Plan (now withdrawn) a strategic
housing allocation for 650 houses of which
40% would be Affordable Housing, together
with a Primary School and Local Centre.
Planning approvals were granted by St Albans
District Council on 15 February 2021 (Planning
applications Nos 5/20/3142 and 5/20/3143).
The approvals are for the change of use and
conversion of the buildings into four
dwellings. The Regulations by which the
approval was granted require completion of
the works within three years of the grant of
planning permission vis 14 February 2024.
Copies of the approval and plans are provided
within the Data Room.
Barn A (the smaller concrete framed building)
is shown with the following accommodation:
entrance hall, cloaks/store,
lounge/dining/kitchen, three bedrooms, two
with en suites and a family bathroom. Approx
floor area 1,660 sq.ft (154 sq.m)
Barn B (the larger concrete framed building) is
shown divided into two units.
Unit 1 – entrance hall, lounge/ kitchen,
bedroom and bathroom. Approx floor area
655 sq.ft (61 sq.m)
Unit 2 – entrance hall, lounge/dining/Kitchen,
study, utility, four bedrooms, three with en
suites and a family bathroom. Approx floor
area 2,744 sq.ft (255 sq.m)
Barn C (steel framed building) is shown to
provide the following accommodation:
entrance hall, living/dining/kitchen area, two
bedrooms and a bathroom. Approx floor area
979 sq.ft (91 sq.m)
Formal Tender Process The property is being sold by Formal Binding
Tender. Purchasers are advised to study the
Guidance Notes in the Data Room on how to
make an offer. A minimum of seven days
before the Tender Date, purchasers must have
submitted proof of identity to meet the Anti-
Money Laundering (AML) Regulations. Bids
will not be accepted if the AML checks have
not been cleared prior to the Tender Date.
What is needed to comply with the Regulations
is specified in the Guidance Note. An
administration charge of £25 is required to
complete these – cheques made payable to
Weldon Beesly LLP.
All offers are to be submitted by completing the
Tender Bid Form by the Tender Date vis
Wednesday 4 August 2021. The form and a
cheque for the sum of £20,000 (the Bidder
Security Payment) made payable to
Debenhams Ottaway LLP Client Account
marked G Simons to the rear. The envelopes
are to be marked for the attention of Mr D
Bromley FRICS, Bidwells, John Ormond
House, 899 Silbury Boulevard, Milton Keynes
MK9 3XJ. The envelopes should be clearly
marked on the back ‘Tender Bid Batford Farm’.
The Tenders will be opened in the presence of
both Agents.
Purchasers are strongly advised to get
solicitors advice regarding the purchase and
the legal documentation before making a Bid.
The successful purchaser will be required to
provide the balance of a 10% deposit to
Debenhams Ottaway within 1 working day of
confirmation of acceptance of offer. For those
who have been unsuccessful, their cheques
will be returned within five working days.
Completion will take place on 1 October 2021;
or earlier by agreement.
Tenure and possession
The land is currently the subject of a Farm
Business Tenancy (FBT). At the purchaser’s
discretion, the freehold will be sold either
with vacant possession or subject to the FBT.
Fencing
The purchaser will be obligated to fence the
boundary A-D on the plan and thereafter
maintain. This boundary is already mostly
fenced. There is a discrepancy in the boundary
to the northeast, where Herts Council have
encroached slightly onto the land being sold;
discussions are currently being had with them,
but the property is being sold on this basis.
Services
Purchasers to make their own enquiries.
Letters of Reliance
No Letters of Reliance will be provided in
connection with the planning documents and
reports. A letter of reliance will be provided
by Weldon Beesly in relation to the FBT.
VAT
The vendors have not opted to tax for VAT
and no VAT will be chargeable on the
purchase price.
Restrictions on Sale
The vendors are imposing the following
restrictions in connection with the sale:
a) An Option in favour of the Vendors to
acquire the frontage strip 7m wide adjoining
the Common Lane and 3m wide in respect of
the Mackerye End Lane frontage, shown
brown on the sale plan. The term of the
option will be 20 years and the purchase price
£1. The purpose of the Option is to enable the
widening of Common Lane to facilitate an
access for potential development to the north
east of Common Lane. Should the vendors
exercise the option, it will be subject to the
Purchasers rights of access and services to the
Adopted Highway and an obligation to make
good any damage. The purchaser will be
prevented from constructing any buildings on
the Option land. Buildings exclude fences,
walls, accesses for vehicles, paths and
services. Further details in relation to the
Option and other restrictions are provided in
the Data Room.
b) Restrictions on Title. The freehold in the
property is being transferred subject to
Overage provisions and a Restrictive Covenant
on the Option land:
i) Overage on the site of the buildings (the
land coloured green on the plan) will be
subject to an Overage if planning permission is
granted for more than four dwellings (not
conversions). The Overage will be for a term
of 20 years and the payment is 50% of the
enhanced value. There will be exempt
disposals relating to the sale of a unit together
with its curtilage. Further details of the
Overage and the mechanism for payment are
provided in the Data Room.
ii) Overage on the field (the land hatched blue
on the plan) will become payable if it is used
other than for agriculture, equestrian or
recreation/leisure/gardens and grounds
ancillary to the dwellings on the land hatched
green. The payment will be 50% of the
enhanced value. The Overage term is 20 years.
Further details of the mechanism and
payment for Overage are provided in the Data
Room.
iii) Restrictive Covenant on the Option land
preventing any buildings being constructed on
it. Buildings will not include the use as vehicle
access, paths, fencing, or other means of
enclosure. Further details are provided in the
Data Room.
Viewing
The site can be inspected by prior
appointment with the Agents. In this respect,
the Agents will advise of the specific viewing
times and dates.
Health & Safety
All prospective purchasers must use all due
diligence and vigilance when inspecting. This is
part of a working farm and the buildings are in
need of repair, there are also areas of slurry.
The owners and agents do not accept
responsibility for the safety of those viewing.
Data Room
The data room can be accessed here -
www.weldonbeesly.com/property-portal/
The username and password are both: Property
See following note on how to download each
document.
Once each document is viewed, click the top left
button to download (the arrows mid-page take
you to the next document).
The data room may be updated from time to
time. The last date of any update will be one
week before the Tender Date. Purchasers are
expected to have fully considered all the
documentation in the Data Room.
The information in the Data Room will comprise:
• The planning applications and reports
• The planning approvals
• Guidance Note on AML Requirements
• Guidance on the Tender Bidding process
• Notice of creation of the FBT
• The FBT
• The Land Registry Title
• General terms for the overage
• General terms for the Option back to the
vendors
• Replies to Enquiries
• Sale Contract
• The Transfer
• The Option
• The Overage Deed
• Tender Bid Form
• Searches
Tender Date
The Tender Date is noon on Wednesday 4
August 2021.
Please ensure that at least seven working
days prior to the Tender Date you have
submitted all the information required in
respect of the AML Regulations. Tenders will
not be accepted unless the necessary checks
have been completed. Tenders must be on a
completed Tender Form. Tenders must be
accompanied by a cheque for £20,000 as a
Bidder Security Payment and cheques made
payable to Debenhams Ottaway LLP Client
Account marked G Simons on the rear. All
envelopes to be marked at the back ‘Tender
Batford Farm’ and received at the offices by
Noon Wednesday 4 August 2021 marked for
the attention of Mr D Bromley FRICS, Bidwells,
John Ormond House, 899 Silbury Boulevard,
Milton Keynes MK9 3XJ. The balance of the
Deposit (10% of the price) to be paid to
Debenhams Ottaway client account within 1
working day. The clients reserve the right not
to accept the highest bid, or any bid.
IMPORTANT NOTICE
Weldon Beesly, their clients and any joint agents give notice that:
1. They are no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must be relied upon as statements or representations of face. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Weldon Beesly have not tested any services, equipment or facilities. Purchaser(s) must satisfy themselves by inspection or otherwise. 3. We have not made any investigations into the existence or otherwise of any issues concerning pollution of land, air or water contamination and the Purchaser(s) is/are responsible for making their own enquiries in this regard. Particulars of sale prepared in June 2021 and photographs taken in April 2021.
[email protected]@weldonbeesly.com