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AGENT'S DETAILS


Land Adjacent To The Oxford Canal, Southam Road, Banbury, OX16 2SX

For sale: £120,000.00|654 Sq M|Farm, Commercial Land

PROPERTY DETAILS

FOR SALE£120,000.00
SIZE654 Sq M
ADDRESSLand Adjacent To The Oxford Canal, Southam Road, Banbury, OX16 2SX
TYPEFarm, Commercial Land
TENUREFor Sale Freehold
POSTED ON3rd August 2020

DESCRIPTION

Land by the Oxford Canal, Southam Road, Banbury, OX16 2SX

Approximately 654 sqm with 45m of Canal frontage on to the Oxford Canal

Approximately 654 sqm

22m of River Freehold

45m of Canal Frontage

Garden Land

LOCATION
The land is located to the east of Southam Road and to the west of the Oxford Canal on the outskirts of Banbury. The town centre is located approximately 1.25 miles to the south. The Oxford Canal connects the Grand Union Canal to the north with Oxford to the south. The site plan within these details shows the exact position of the land edged red.

DETAILED DESCRIPTION
The property comprises approximately 654 sqm of land with canal frontage on to the Oxford Canal. It offers a fantastic opportunity for those looking for a larger outdoor area or those with a boat, who are looking for a permanent base.

It consists of a flat and level parcel of land that is laid to grass. There is access on to a dead end road to the west and canal frontage along the entire eastern boundary. The property provides plenty of room for someone to moor their own boat and has the potential to benefit from further rental income from letting canal moorings, subject to obtaining the appropriate consents from the Canal and River Trust and the local authority. There is also pproximately 22m of Freehold river ownership to the south of the property.

TENURE AND POSSESSION
The Freehold of the property is for sale. Parties should carry out their own research into the implications and consents required to moor a boat on the property.

BOUNDARIES
The Purchaser shall be deemed to have full knowledge of all the boundaries and neither the Vendor nor the Vendor�s agents will be responsible for defining the boundaries nor their ownership. A land registry search appears to show that the physical boundaries on the ground do not exactly match the Title Plan. Only the land shown edged red on the Title Plan in these sales particulars is for sale.

ACCESS
The property is accessed at the end of a dead end road that runs parallel to Southam Road.

DEVELOPMENT CLAWBACK
The vendor reserves the right to receive 30% of any uplift in value in the event that planning permission is granted (payment on sale or implementation), running for a period of 40 years from the date of completion.

RELEVANT CONTACT NUMBERS
Cherwell District Council | 01295 227001
Canals and Rivers Trust | 0303 040 4040

METHOD OF SALE
The property is offered for sale by Private Treaty as a whole.

WAYLEAVES, EASEMENTS AND RIGHTS OF WAY
The land is offered for sale subject to all existing rights including rights of way, whether public or private, light, support, drainage, water, gas, electricity supplies, and mineral rights, easements, quasi-easements or wayleaves whether or not referred to in these particulars.

PLANS, AREAS AND SCHEDULES
These have been prepared as carefully as possible and are based on the Land Registry Title Plans. The plans are published for illustrative purposes only and although they are believed to be correct, their accuracy is not guaranteed.

ANTI-MONEY LAUNDERING REGULATIONS
In accordance with most recent Anti-money Laundering legislation, purchasers will be required to provide proof of identity and address to the Vendor's agents once an offer has been submitted and accepted (subject to contract) prior to solicitors being instructed.

GENERAL REMARKS AND STIPULATIONS
These particulars are subject to contract.

VIEWING ARRANGEMENTS
Viewing is strictly by appointment with Brown and Co.
William Gasson | 01295 273555
( Agency Pilot Software Ref: 426826 )

LOCATION

Location: Land Adjacent To The Oxford Canal, Southam Road, Banbury, OX16 2SX

Kings Sutton (1.2 miles)

Banbury (1.5 miles)

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