A Collection Property & Land Auction September 3rd 2021

ON INSTRUCTIONS FROM

LPA RECEIVERS

A Collective Property & Land Auction SEPTEMBER 3RD 2021 AT 3.00PM Halls Holdings House, Bowmen Way, Battlefield, Shrewsbury SY4 3DR

About Halls Halls are one of the oldest and most respected independent firms of Estate Agents, Chartered Surveyors, Auctioneers and Valuers, with offices covering Shropshire, Worcestershire, Mid-Wales, the West Midlands and neighbouring counties.

The company was founded in 1845 in the county town of Shrewsbury under the name of Hall, Wateridge and Owen. The present company trades as ‘Halls’ and still offers a traditional and professional service, now using the latest in computerised technology whilst retaining the personal touch.

Our objectives have always been to remain as diverse as possible and we are justifiably proud of the strength and diversity of our professional departments, ranging from Agricultural to Fine Art and Residential to Commercial.

Our real strength lies in the experience and expertise of our directors and staff, who are always keen to offer professional advice on all aspects of Sales and Marketing.

EAT IN OR TAKEAWAY MON-FRI 9AM-4:30PM EVERYONE WELCOME

Venue / Directions Our Property Auction will be held at our purpose built salerooms in Battlefield, Shrewsbury. There is a large car park on site.

Halls Holdings House is situated on the outskirts of Shrewsbury. You can access from the West via the A5 bypass following signs for Harlescott and Whitchurch. Continue on the A49 until you reach the Battlefield island and take the 3rd exit for Whitchurch / A49. At the first island turn right and the car park is on the right hand side.

From the M54 Westbound continue on A5 until you reach Preston Island, take the 2nd exit for Harlescott and Whitchurch, continue on the A49 until you reach the Battlefield island and take the 3rd exit for Whitchurch / A49.

At the first island turn right and the car park is on the right hand side.

For satellite navigation purposes the postcode is SY4 3DR.

Order of Sale (unless withdrawn or sold prior to sale)

Guide Price*

LOT 1

A Mixed Investment Portfolio

LOT 2

Nesscliffe Hotel, Nesscliffe, Shrewsbury, SY4 1DB

£160,000 - £200,000

LOT 3

3 Holyhead Road, Nesscliffe, Shrewsbury, Shropshire, SY4 1AX

£120,000 - £140,000

LOT 4

37.39 Acres Arable Land, Wilcott, Nesscliffe, Shrewsbury

LOT 5

7.02 Acres At Wolfshead, Nesscliffe, Shrewsbury, Shropshire, SY4 1AY

LOT 6

13.35 Acres At Corbetts Bridge, Queens Head,Oswestry, Shropshire

LOT 7

No 5 New Street, Frankwell, Shrewsbury, Shropshire, SY3 8JN

£120,000-£140,000

LOT 8

No 3 New Street, Frankwell, Shrewsbury, Shropshire, SY3 8JN

£70,000-£90,000

LOT 9

1.07 Acres West Of The Cedars, Prescott, Baschurch, Shrewsbury, SY4 2DR

£500,000 - £550,000

£280,000-£320,000 £40,000 - £50,000

£60,000-£70,000

£50,000 - £80,000

*Guide Price/Reserve

Guide prices are provided as an indication of each sellers minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a RESERVE (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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HELP US STOP THE SPREAD OF THE VIRUS

Covid-19 rules apply.

Under Covid-19 guidance measures, we require that all attendees adhere to the following:

• Please allow plenty of time before the auction to register, where possible please

register in advance to reduce face to face contact • We kindly ask Face masks to be worn while inside unless medically exempt • Hand sanitiser will be available upon entry into the building

• If you or any member of your household becomes symptomatic before the

auction or in the 14 day period before the auction, DO NOT attend • Please keep to the social distancing guidelines • No children or onlookers will be permitted access to the auction

Buyers Administration Fee In addition to the deposit required upon exchange of contract, buyers will be required to pay a Buyers Administration fee. This fee is £1,000 plus vat for each lot and can be paid by Debit card or cheque. A full VAT receipt will be issued the day following the auction or the day of exchange for pre-auction purchasers. Please bring with you the means to pay both the deposit and the Buyers administration fee.

IMPORTANT: MONEY LAUNDERING REGULATIONS 2017 PLEASE NOTE that any person bidding or considering to bid at auction, MUST produce documentation to confirm their name and residential address. Please find a schedule of acceptable documentation in our T & C’s at the back of this brochure.

We will be unable to accept your bid unless you have registered with us.

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Free Auction Appraisals If you are interested in selling a property at auction please contact your local Halls office

LOT 1

A Mixed Investment Portfolio

Guide Price: £500,000-£550,000 Mixed Investment Portfolio comprising; •

•

7.15 acres opposite the Nesscliffe Hotel of which 2.14 acres (see full details) achieved planning consent Ref: 12/00821/ OUT, 13/02901/REM & 16/00670/REM) in 2014 for 10 dwellings.

This site is allocated within Shropshire Council Development Plan which is due for adoption to run from 2016-2038.

A further 0.84 acres (see full details) was subject to an outline planning application 14/03787/OUT for the erection of 6 No dwellings 2014. The application included an agreement from the applicant to provide a financial contribution towards the local needs affordable housing, and whilst there was a resolution to grant no decision notice has been served as the S106 agreement was never progressed. As such the application has laid dormant with the local planning authority. Given the changes made in both National and Local Planning policy since the resolution to grant, it is the view of the local planning authority that any progress with a S106 would require the application to be taken back to planning committee and considered against current policy, including the five year housing land supply.

•

PLANNING REVIEW Please see Planning Review within the Auction Pack.

•

The remainder of the 7.15 acres is pasture/amenity land in the centre of the village.

•

10.68 acres arable land between Nesscliffe Hill and The Crescent.

•

12.19 acres arable land at Oakrill, Hopton.

•

1.46 acres garden land at Oakrill.

DESCRIPTION

All this portfolio lies in and around Nesscliffe and can be considered strategic land for the future of the village going forward. It is all subject to a Farm Business Tenancy.

FARM BUSINESS TENANCY

An overall FBT runs until the 25th March 2029. The rent is currently set at £35 per acre per annum.

FOUL DRAINAGE

We understand that the main sewer is located in the highway in front of the Nesscliffe Hotel.

TENURE

The freehold interest is for sale subject to the Farm Business Tenancy.

LOCAL AUTHORITY

Shropshire Council, Shirehall, Abbey Foregate, Shrewsbury, Shropshire, SY2 6ND. 0345 678 9000

VIEWING

The land may be viewed at any reasonable time during daylight hours with a set of these sale particulars.

SOLICITORS

Jamie Hatton, Priority Law Limited, Lake View, Lakeside, Cheadle SK8 3GW 0161 249 9455

01743 450 700 ENQUIRIES David Giles, Bowmen Way Battlefield Shrewsbury, SY4 3DR davidg@hallsgb.com 5

LOT 2

Nesscliffe Hotel, Nesscliffe, Shrewsbury, SY4 1DB

Guide Price: £160,000-£200,000 Vacant Grade II Listed 8 bed hotel on site extending to 0.56 acres and with car park across the road to a further 0.21 acres.

DESCRIPTION

Village centre location. Grade II Listed building. Hotel/Restaurant/ Inn with 8 en-suite bedrooms. Extensive parking on both sides of the road. The property has been vacant for some time. Total internal floor area 603.4m2 (6494.5ft2). A brick and tile detached property occupying a prominent roadside position on entering the village from the south. Please refer to the floor plan for the internal layout. The Hotel enjoys extensive parking areas on both sides of the road.

SERVICES

We understand mains water and electric are available. Currently drainage is to a septic tank on the neighbouring land below the car park across the road. This will not be continued, the buyer will be required to connect into the main sewer in the road.

TENURE

The freehold interest with vacant possession is being sold.

LOCAL AUTHORITY

Shropshire Council, Shirehall, Abbey Foregate, Shrewsbury, Shropshire, SY2 6ND. 0345 678 9000

VIEWING

By appointment with the agents.

SOLICITORS

Jamie Hatton, Priority Law Ltd., Lake View, Lakeside, Cheadle SK8 3GW 0161 249 9455

01743 450 700 ENQUIRIES David Giles, Bowmen Way Battlefield Shrewsbury, SY4 3DR davidg@hallsgb.com 7

LOT 3

3 Holyhead Road, Nesscliffe, Shrewsbury, Shropshire, SY4 1AX

Guide Price: £120,000-£140,000 Dilapidated Cottage, Outbuildings with 0.43 acres of land.

DESCRIPTION

Principally sandstone cottage, very overgrown and dilapidated Total buildings area 166.3m2 (1789.7ft2) Convenient village location. Extensive grounds to 0.43 acre Sandstone outbuildings A rare opportunity to acquire a dilapidated sandstone cottage with matching outbuildings near the centre of a popular village and set in extensive grounds.

VILLAGE AMENITIES

Garage with Post Office and Shop, Junior School, Public house, Served by bus route.

TENURE

The freehold interest with vacant possession is being sold.

SERVICES

We understand mains services are available in close proximity to include water, electricity and sewerage.

WARNING

The buildings are entered entirely at your own risk. We advise not to go upstairs in the cottage.

LOCAL AUTHORITY

Shropshire Council, Shirehall, Abbey Foregate, Shrewsbury, Shropshire, SY2 6ND. 0345 678 9000

VIEWING

By appointment with the agents.

SOLICITORS

Jamie Hatton, Priority Law Ltd., Lake View, Lakeside, Cheadle SK8 3GW 0161 249 9455

01743 450 700 ENQUIRIES David Giles, Bowmen Way Battlefield Shrewsbury, SY4 3DR davidg@hallsgb.com 8

LOT 4

37.39 Acres Arable Land, Wilcott, Nesscliffe, Shrewsbury, Shropshire

Guide Price: £280,000-£320,000 Approx 37.39 acres of gently undulating arable land with easy access.

DESCRIPTION

Approx. 37.39 acres of gently undulating arable land with easy access.

Subject to a Farm Business Tenancy (see below).

Well situated in a renowned farming area only a short distance off the A5 trunk road. An excellent block of arable land contained within a ring fence and with several points of access off the surrounding council by- roads.

FARM BUSINESS TENANCY

The Farm Business Tenancy runs until the 25th March 2029. The rent is currently set at £35 per acre per annum.

TENURE

The freehold interest is for sale subject to the Farm Business Tenancy.

VIEWING

The land may be viewed at any reasonable time during daylight hours with a set of the sale particulars.

SOLICITORS

Jamie Hatton, Priority Law Ltd., Lake View, Lakeside, Cheadle SK8 3GW 0161 249 9455

01743 450 700 ENQUIRIES David Giles, Bowmen Way Battlefield Shrewsbury, SY4 3DR davidg@hallsgb.com 9

LOT 5

7.02 Acres At Wolfshead, Nesscliffe, Shrewsbury, Shropshire, SY4 1AY

Guide Price: £40,000 - £50,000 Approx. 7.02 acres of Woodland and Pasture Land at Wolfshead, Nesscliffe.

DESCRIPTION

7.02 acres comprising approximately 4.68 acres grassland and approximately 2.34 acres mixed woodland.

Roadside location fronting the Nesscliffe village road and the A5 Nesscliffe bypass at the northern end.

Subject to a Farm Business Tenancy until 25th March 2029.

A good level pasture field with double gated access off the village road and adjoining wooded area similarly fronting the village road but with frontage also to the A5 Nesscliffe bypass.

FARM BUSINESS TENANCY

The FBT runs until the 25th March 2029. The rent is currently set at £35 per acre per annum.

SERVICES

We understand that mains water is available on the land.

TENURE

The freehold interest if for sale subject to the Farm Business Tenancy.

CLAW BACK

The property contains a claw back agreement with the previous owners. (See auction pack).

LOCAL AUTHORITY

Shropshire Council, Shirehall, Abbey Foregate, Shrewsbury, Shropshire, SY2 6ND. 0345 678 9000

VIEWING

The land may be viewed at any reasonable time during daylight hours with a set of the sale particulars.

SOLICITORS

Jamie Hatton, Priority Law Ltd., Lake View, Lakeside, Cheadle SK8 3GW 0161 249 9455

01743 450 700 ENQUIRIES David Giles, Bowmen Way Battlefield Shrewsbury, SY4 3DR davidg@hallsgb.com 10

LOT 6

13.35 Acres At Corbetts Bridge, Queens Head, Oswestry, Shropshire

Guide Price: £60,000-£70,000 Approx. 13.35 acres Amenity Land & Woodland

DESCRIPTION

13.35 acres along the Rednal Straight. Turn off the A5 at Queens head for West Felton. Then turn left for Rednal. The land is on the right along this road.

Shropshire Union Canal runs parallel on the other side of the road.

A natural area that has partly been allowed to re-wild with the remainder being naturally regenerated mixed woodland. There are 2 gated points of access along an extensive road frontage.

TENURE

The freehold interest with vacant possession is being sold.

LOCAL AUTHORITY

Shropshire Council, Shirehall, Abbey Foregate, Shrewsbury, Shropshire, SY2 6ND. 0345 678 9000

VIEWING

The land may be viewed at any reasonable time during daylight hours with a set of the sale particulars.

SOLICITORS

Jamie Hatton, Priority Law Ltd., Lake View, Lakeside, Cheadle SK8 3GW 0161 249 9455

01743 450 700 ENQUIRIES David Giles, Bowmen Way Battlefield Shrewsbury, SY4 3DR davidg@hallsgb.com 11

LOT 7

No 5 New Street, Frankwell, Shrewsbury, Shropshire, SY3 8JN

Guide Price: £120,000-£140,000 Commercial Investment - Business Unaffected Restaurant with a passing rent of £12,996 per annum.

DESCRIPTION

Attractive investment property. Tenanted restaurant with a passing rent of £15,000 per annum (Lease available in auction pack).

Prominant position on Frankwell Island being a main route into town. Good facilities on 3 floors together with small yard to the rear with separate access.

The property occupies a prominent position overlooking Frankwell Island, one of the main routes into the town. It is let as a restaurant at a rent of £15,000 per annum. The accommodation is extensive as shown by the floor plan:Ground Floor - Restaurant, Bar/Servery, Kitchen, Toilets First Floor - Restaurant and balcony Second Floor - Office and Stores Rear yard.

SERVICES

All mains connected.

TENURE

Freehold interest for sale subject to the current Lease.

VIEWING

Strictly through the sole selling agents Halls.

LOCAL AUTHORITY

Shropshire Council, Shirehall, Abbey Foregate, Shrewsbury, Shropshire, SY2 6ND. 0345 678 9000

SOLICITORS

Jamie Hatton, Priority Law Ltd., Lake View, Lakeside, Cheadle SK8 3GW 0161 249 9455

01743 450 700 ENQUIRIES David Giles, Bowmen Way Battlefield Shrewsbury, SY4 3DR davidg@hallsgb.com 12

LOT 8

No 3 New Street, Frankwell, Shrewsbury, Shropshire, SY3 8JN

Guide Price: £70,000-£90,000 Ground floor shop. Office and stores on further 2 floors and small garden to the rear.

DESCRIPTION

Prominent position on Frankwell Island fronting very busy main route into the town The property occupies a good position on one of the principal routes into Shrewsbury. It has been vacant for some time formerly being a newsagents and post office.

SERVICES

Mains water, electricity, gas and drainage.

TENURE The freehold interest is for sale with vacant possession.

VIEWING

Strictly by appointment through the sole selling agents Halls.

LOCAL AUTHORITY

Shropshire County Council, Shirehall, Abbey Foregate, Shrewsbury, Shropshire, SY2 6ND. 0345 678 9000

SOLICITORS

Jamie Hatton, Priority Law Ltd., Lake View, Lakeside, Cheadle SK8 3GW 0161 249 9455

01743 450 700 ENQUIRIES David Giles, Bowmen Way Battlefield Shrewsbury, SY4 3DR davidg@hallsgb.com 13

LOT 9

1.07 Acres West Of The Cedars, Prescott, Baschurch, Shrewsbury, SY4 2DR

Guide Price: £50,000-£80,000 1.07 acres west of The Cedars. Former menage and open area located next to new build development scheme.

DESCRIPTION

1.07 acres investment property Former menage and open area partly stoned.

Access controlled by third party Bounded on 3 sides by the development boundary but not within.

SITUATION

On entering Baschurch from Walford turn left at the mini island into Prescott Court. Continue left and then the land lies beyond a service road on the right.

PLANNING

The site is not within the village development boundary but is bounded by it on 3 sides.

TENURE

The freehold interest is for sale.

VIEWING

The land may be viewed at any reasonable time during daylight hours with a set of the sale particulars.

LOCAL AUTHORITY

Shropshire Council, Shirehall, Abbey Foregate, Shrewsbury, Shropshire, SY2 6ND. 0345 678 9000

SOLICITORS

Jamie Hatton, Priority Law Ltd., Lake View, Lakeside, Cheadle SK8 3GW 0161 249 9455

01743 450 700 ENQUIRIES David Giles, Bowmen Way Battlefield Shrewsbury, SY4 3DR davidg@hallsgb.com 14

CONDITIONS OF SALE 1. CONDITIONS OF SALE

7. LEGAL DOCUMENTS

Please note that all lots are sold in accordance with the Common Auction Conditions (4th Edition March 2018). Special Conditions of Sale relating to each lot are available upon request from the Auctioneers or the Vendors Solicitor prior to the Auction.

The contract and special conditions of sale will not be read out by the Auctioneer at the auction, but will be available for inspection at the auctioneers offices and the offices of the vendors solicitors for a period before the auction date. Purchasers will be deemed to have inspected these Special Conditions of Sale and will be legally bound by these conditions which will form part of and will be attached to the Sale Memorandum.

The Auctioneers shall endeavour to have copies of title documents, leases, licences, etc available for inspection at their offices or in the saleroom. Prospective buyers wishing to inspect such documents should check the availability with the Auctioneers.

2. INSPECTION OF PROPERTIES

The reserve price for each of the lots may exceed the quoted guide price and eventual guide price.

Purchasers are assumed to have inspected the properties in which they are interested, to have obtained and inspected a copy of the Auction Legal Pack and to have made all usual pre-contract searches and enquiries and satisfied themselves on the condition and location of the property.

3. BUYERS’ REGISTRATION Purchasers interested in bidding for a lot are required to complete a BUYERS’ REGISTRATION FORM prior to bidding at the Auction AND PRODUCE ID. Failure to register may result in the Auctioneer refusing to accept your bid.

4. BINDING CONTRACT The successful bidder is bound under Contract as soon as the Auctioneers hammer falls on the final bid and will be required to pay the deposit and sign and exchange the Sale Memorandum prior to leaving the saleroom in accordance with the Common Auction Conditions.

8. GUIDE PRICES & RESERVES Pre-auction guide prices are based upon the initial anticipation of the sale price of the property at Auction.

Prospective purchasers should be aware that guide prices are subject to change and are advised to check any amendments with the Auctioneers prior to the Auction.

9. PLANS, MEASUREMENTS AND PHOTOGRAPHS All plans, measurements and photographs included in this catalogue are provided for identification purposes only and to assist prospective purchasers in identifying the location of the property.

Site measurements may not have been scaled from original plans and therefore should be assumed to be only approximate.

Prospective purchasers should make their own investigations and site inspections, and satisfy themselves on the accuracy of all measurements. All plans, measurements and photo-graphs included in the catalogue or disclosed by the Auctioneers (either verbally or in writing) are expressly excluded from the contract of the sale.

Buyers will be bound under contract to purchase the property on the fall of the auctioneers hammer and it is advised that a prudent buyer will take professional advice from a solicitor and, in appropriate cases a chartered surveyor and accountant.

COMMON AUCTION CONDITIONS

5. PAYMENT OF DEPOSIT The successful buyer of each lot will be required to pay a deposit of 10% of the purchase price (subject to a minimum of £1,000) to the vendors’ solicitor prior to leaving the saleroom.

Edition 4 March 2018, are available in full upon request from the auctioneers.

BUYERS ADMINISTRATION FEE In addition to the deposit required upon exchange of contract, Buyers will be required to pay a Buyers Administration fee of £1000 plus VAT for each lot which can be paid by Debit card or cheque. Please bring with you the means to pay both the deposit and the Buyers Administration fee.

PLEASE NOTE THAT WE DO NOT ACCEPT ANY FORM OF CASH DEPOSIT OR CREDIT CARDS.

6. WITHDRAWAL OF LOTS The Auctioneers reserve the right to withdraw any of the Lots prior to the Auction (see Common Auction Conditions) and therefore prospective buyers are advised to check with the Auctioneers the day before the sale to ensure the availability of Lots.

*GUIDE PRICE/RESERVE *Guides are provided as an indication of each sellers minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a RESERVE (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

MONEY LAUNDERING REGULATIONS

IDENTITY DOCUMENTS

EVIDENCE OF ADDRESS

PLEASE NOTE that any person buying or bidding at auction, MUST produce documentation to confirm their name and residential address. Please find below a schedule of acceptable documentation.

• Current signed passport

• Current full driving licence (old version) (provisional driving licence will not be accepted)

We will be unable to accept your bid unless you have registered with us and produced suitable ID. You must provide one document from each list:

• Current UK photo card driving licence • Current full driving licence (old version) (provisional driving licence will not be accepted) • Resident permit issued by the Home Office to EU Nationals • Firearms Certificate

A driving licence can be used as evidence for either one or the other BUT NOT FOR BOTH. 15

• A utility bill issued within the last 3 months • Local authority tax bill (current year) • Bank, building society or credit union statement • Most recent mortgage statement from a UK lender

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SHREWSBURY HEAD OFFICE SY4 3DR 01743 450 700 reception@hallsgb.com

4

ELLESMERE SY12 0AW 01691 622 602 ellesmere@hallsgb.com

6

WELSHPOOL SY21 7SD 01938 555 552 welshpool@hallsgb.com

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SHREWSBURY SY1 1QJ 01743 236 444 shrewsbury@hallsgb.com

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OSWESTRY SY11 1RB 01691 670 320 oswestry@hallsgb.com

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WHITCHURCH SY13 1DW 01948 663 230 whitchurch@hallsgb.com

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BISHOPS CASTLE SY9 5AD 01588 638 755 bishopscastle@hallsgb.com

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KIDDERMINSTER DY11 5AP 01562 820 880 kidderminster@hallsgb.com