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Lot Sold

Land with Tremendous Commercial Potential in Epping, Essex

Guide price £ 520,000

Type of Sale

Auction

Key Features

  • Auction Terms and Conditions: The property is available for sale under auction terms and conditions with the vendor open to considering offers prior to the auction
  • Future Potential: The land holds immense promise for future agricultural large-scale commercial or leisure development opportunities subject to necessary consents
  • land can be purchased as a whole or in three separate lots
  • near the Theydon interchange the M11 and the M25 Junctions 6 and 27 offering excellent connectivity
  • Nearby Amenities: The land is situated directly north of the Theydon mount park golf course and Stapleford flight centre and is easily accessible via Hobbs Cross Road
  • Prime Location: The land is located in the heart of Epping Essex
  • Sizeable Land: The property spans approximately 46.95 acres of Grade 2 productive arable land

Description

Description

“Prime Investment Opportunity: Expansive Grade 2 Arable Land with Tremendous Commercial Potential in Epping, Essex”

 

Description:
Presenting a unique opportunity to acquire approximately 46.95 acres of Grade 2 productive arable land, nestled in the heart of Epping, Essex. This expansive land, located at Epping Farm, Hobbs Cross Road, Theydon Garnon, offers significant future agricultural and commercial potential, subject to necessary consents. Currently used for cereal cropping, the land holds immense promise for future agricultural, large-scale commercial, or leisure development opportunities.”

 

Investment Opportunity:

Seize this rare chance to invest in a substantial tract of agricultural land in the picturesque district of Epping Forest. With its potential for diverse development opportunities, this land represents a lucrative investment for those with a vision for the future.

 

Location:
Strategically located near the Theydon interchange, the M11, and the M25 Junctions 6 and 27, the land offers excellent connectivity. It is situated directly north of the Theydon mount park golf course and Stapleford flight centre, and is easily accessible via Hobbs Cross Road. The Cartel business Centre, located immediately north of the land, adds to the commercial appeal of the location.

The land by be easily found by using our what three words system and searching for ///island.either.diner

 

General Area:

Epping, a charming market town in the Epping Forest district of Essex, is home to this land. Situated 17 miles northeast from the centre of London, Epping is nestled within the northern edge of Epping Forest, and on the ridge of land between the River Roding and River Lea valleys, offering a perfect blend of tranquillity and accessibility.

 

Auction Terms and Conditions:

The property is available for sale under auction terms and conditions, with the vendor open to considering offers prior to the auction. The land can be purchased as a whole or in three separate lots, with guide prices ranging from £300,000 up to £1M for the entire land.

A buyer’s premium applies on the fall of the hammer. The purchaser shall pay a 10% deposit, plus a buyer’s premium of 2% of the sale price + VAT upon the exchange of contract. Please note that two forms of ID (Passport, Driving Licence) are required for registration to bid, in line with Anti Money Laundering regulations.”

 

Contact:
For more information or to arrange a viewing, please contact us at edward@worldofauctions.co.uk or 07971 033276. We look forward to assisting you in securing this prime investment opportunity.

Get in touch

Tom Barrett National Sales Director

Location

Land at Epping Farm Hobbs Cross Lane Epping ///vows.topic.smiled

Map

Property Video

Important Notices & Guidance Notes

Important notices

Pre-registration approval to bid, guide prices, reserves, additional charges and other matters.

Pre-registration approval to bid World of Auctions now require all bidders who wish to bid at our Auctions to register. All checks required by current anti-money laundering legislation must be satisfactorily completed as part of this process before prior approval to bid will be given.

Please use the links on our website to pre-register. Following approval to bid, the buyer named in your registration cannot be changed without the consent of the auctioneers.

Guide Prices

A guide price (to include a range of prices), is not an indication of the anticipated eventual selling price or a valuation; it is an indication of the minimum price ( “the Reserve” ) at which (or range of prices within which) the seller might be prepared to sell. The eventual sale price can and frequently does, exceed the guide price.

Where a range is given, the Reserve will sit within that range and will not exceed the top end of the range. Where a single figure Guide Price is given, the Reserve will be within 10%, upwards or downwards, of that figure.

The guide price may be subject to change up to and including the day of the auction. The latest published guide price (or range of prices) is displayed on our website, and you should check the website regularly for updates and on the day of the auction.

All guide prices are quoted “subject to contract”.

Please note the guide price for the Lot does not include: – any Buyers’ Fee charged by the auctioneers; – VAT on the sale price; – SDLT or any other Government taxes.

Additional costs and fees charged by the seller or third parties that might apply to some Lots and/or some buyers.

If a guide price is listed as “TBA”, it means no guide price has been set at present. Please do call our office about this. The guide price, or range of prices, will be published online immediately it becomes available and you should check the auction website regularly for updates and on the day of the auction.

Reserve Prices

The reserve price is the minimum price at which the Lot can be sold.

Whilst every effort is made to ensure that the advertised guide prices are up to date. it is possible that the reserve price set for any Lot may exceed the previously quoted guide price. This is because the seller may fix the final reserve price just before the Lot is offered for sale and you should check the website regularly for updates and on the day of the auction.

World of Auctions, Residential and Commercial Auctions. Our content is meticulously curated by our seasoned professionals, specifically tailored for discerning property buyers. Our platform is best suited for experienced institutional or business buyers, as well as individuals equipped with the necessary knowledge and expertise to make informed purchasing decisions. We deal in properties that come with their own unique set of risks, which our sophisticated buyers understand. If you’re uncertain about meeting these prerequisites, we recommend seeking independent advice or reaching out to us directly.”

Buyers Premium 

A buyer’s premium is an additional charge that successful bidders are required to pay on top of their final bid price at a property auction. This fee is typically a percentage of the final bid and is paid directly to the auction house. It serves as a kind of commission for the auctioneer’s services. The exact percentage can vary depending on the auction house. At world of Auctions our buyers premium on Property (Real Estate sales) is normally £5000 plus vat. It is usually clearly stated in the auction’s terms and conditions. It’s crucial for bidders to factor in the buyer’s premium when determining their maximum bid, as it significantly affects the total cost of the property.

Buyers’ fees, Seller’s fees and additional charges

For each Lot, a documentation charge / Fee is payable on the fall of the hammer to World of Auctions as follows:

Residential Auctions – Lots sold for £10,000 or more: Buyers’ Fee of £1,500 inclusive of VAT.

Lots sold for less than £10,000: Buyers’ Fee of £500 inclusive of VAT.

Commercial Properties – All Lots: Buyers Fee £1,000 excluding VAT

Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees and to check the addendum which might also (but does not always) contain details of such amounts.

VAT may be chargeable in addition to the sale price for the Lot. The auctioneer will announce this and will be contained within the particulars.

Other Matters

Please note that Lots may be sold or withdrawn at any time prior to auction.

Please note that the amount of Bidder Security (payable on application to bid at the auction) and the Buyer’s Fee may be varied from the standard amounts quoted upon or website or by a member of our sales team. So please check.

Please refer to the addendum, the Particulars and/or the conditions of sale.

Mapping data licensed from Ordnance Survey with the permission of the Controller of Her Majesty’s Stationery Office. © Crown Copyright. All rights reserved. Licence number 100022432. Location plans are reproduced from the Ordnance Survey mapping with the permission of Ordnance Survey on behalf of the Controller of Her Majesty’s Stationery Office, © Crown copyright and Database Rights 2018 OS 100060020

The plans and photographs shown in the catalogue are included in order to assist you in locating the Lot in question. They are not to be taken as drawn to scale and any arrows on plans or photographs are merely to assist you in finding the Lot, not for the purpose of indicating legal boundaries or which direction the lot is facing.

The Auctioneers do not warrant or represent that any plans or photographs show the up-to-date position with regard to occupiers either for the Lot or for any other properties shown in such plans or photographs.