Studio for sale in Oyster Layings, River Roach, Barling Magna, Southend On Sea, Essex SS3

For sale by auction on Tuesday, 14 May 2024 at 12:00

Venue: Live stream, www.AuctionHouse.Online

freehold oyster layings situated along the river roach and barling magan creek having not been farmed for several years; when operational the vendor states over £1M plus A year was achieved from the sale of the catch

Comprising of approximately 150Acres of River Bed the property is situated with Sea access from the North Sea coast along the Essex coastline. There is also road and foot access as well as a wharf included with the property.

Location
The River Roach is a river that flows entirely through the county of Essex. It is one of four main streams that originate in the Rayleigh Hills to the west, and flow east. They then flow towards the centre of the Rochford Basin, a circular feature which may have been caused by an asteroid impact in the Late Oligocene or Early Miocene periods. To the east of Rochford, the river becomes tidal, and is governed by the Crouch Harbour Authority. It joins the River Crouch between Wallasea Island and Foulness Island.

Notes
The images may not be an exact representation of the land included with the title, full hm Land Registry Titles will be included in the Legal Pack confirming the exact parcels of land offered

Additional Fees
Buyers Premium: 1.2% inc VAT of the purchase price, payable on exchange of contracts.

Administration Charge - 0.6% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's 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.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.