For Sale by Modern Method of Auction. A substantial block of mixed broadleaved tree woodland which extends to approximately 54.86 Acres (22.2 Hectares) with three access points and located within close proximity to the A19.
The Property
Bulmer Forest Park is a block of mature woodland previously under a Woodland Grant Scheme and Farm Woodland Premium Scheme.
This lot forms part of the wider block and extends to approximately 54.86 Acres and is accessed via a lane from Truro Avenue, Dowson Square and via a locked gate just off of the A19. A copy of the scheme contract is available from the selling agent. The woodland stocking comprises a mixture of native broadleaved trees. The most prevalent trees being Oak and Ash however small elements of Birch, Rowan, Hazel, Alder, Willow, Hawthorn and Blackthorn are all interspersed within the crop. Through the property, there also runs a natural water course.
Tenure & Possession
The property is offered for sale freehold with vacant possession.
Rights of Way & Access
1. A public footpath runs through the land, , which is annotated on the front plan with a red dash. Purchasers should make perform their own due diligence in respect of the route of this footpath.
2. There are three access points for Lot 3B. One is from Truro Avenue, another is via Dowson Square and a third access point is available just off of the A19 via a locked gate.
Farm Woodland Scheme
There is a Farm Woodland Scheme contract connected to the property– the scheme expired in 2019, however obligations have to continue for a further 15 years until 2034. Trees cannot be removed before this date otherwise the Forestry Commission will seek to recover the proportionate
Services
There are no services to the site at present. Purchasers should make their own enquiries as to the practicality and cost of installation of any services that are required on site.
Plans
Please note the aerial image and plan contained within these particulars is for illustrative purposes only and is not to scale. Purchasers should make their own enquiries as to the exact boundaries on site prior to bidding.
Planning
The property is classed as woodland and there is no planning consent in place allowing a change of use. Interested parties should seek independent advice as to the potential for erecting any structures on the land or changing the use.
Local Authority
Durham County Council
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Viewings
Once registered with the agent, viewers may attend with particulars in hand during daylight hours. Please register your interest with George F. White in order to be informed as to the auction terms and date.
Modern Method of Auction
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer’s solicitor. This additional time allows buyers to proceed with mortgage finance. The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee.
This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
The Area
Seaham is a small harbour town in County Durham, well known for it’s heritage harbour and marina and fantastic coastal footpath. Facilities in the town include pubs, hotels including the famous Seaham Hall and a golf club. The area comprises of a great balance between countryside, coastal and town life. A short drive takes you to the popular city of Sunderland.
The Seaton and Seaham area provides fantastic transport links to the A19, A1 and East Coast Mainline running from Scotland to London.
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This is a Freehold property.
