Ref: Lot 1
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Unconditional (Buyer's Premium)
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Vallovières Hautes, 34470 Creissan
Considered locally, as one of the rarest packages to come to market this year for international investors; or those wanting to buy into the dream. High production vineyards in the region pass from family to family, and rarely are seen on market for sale to the public.
Considered locally, as one of the rarest packages to come to market this year for international investors; or those wanting to buy into the dream. High production vineyards in the region pass from family to family, and rarely are seen on market for sale to the public.
Description
This beautiful 1.5 hectare fully managed vineyard, that is in full production is being offered, particular interest as it stands as an oasis amongst the regions Vineyards. Its boundaries are walled by a parameter of variegated forest; also sits on mountain fed wetland along the entire stretch of one of its boundaries.
As goodwill the current family will include shares of the local cooperative along with details of all the companies needed to continue the successful production of the wine.
Who is this package for:
- Entrepreneurs taking the first steps into the world of wine.
- Developed company wanting its own brand of wine, restaurant, wedding company etc.
- Investor looking for pre made package returns.
- Family or individual wishing to buy the dream of owning and running a (hands off if you wish) small vineyard in the south of France and see their own labelled wine.
The location:
The Vineyard is nestled within its own neighbouring forest a stone’s throw from the romantic streets of Creissan, a lovely French village with about 1100 inhabitants, 36km from
the Airport, 15 km west of Beziers and 25 km from the beach.
The vineyard is surrounded by an abundance of beautiful nature for walking and other outdoor activities. The village has a local swimming pool and horse riding with all the charm that can be had from a Languedoc village. It is home to 450 wine producers including 110 wineries and 8 cooperatives.
With the shares included in the sale to 1 of their 8 cooperatives, this will also allow you to sell them your grapes and receive income without producing your own bottles if you so wish. You will also instantly be part of a much larger community of wine growers there for buying premade wine from all the various wine growers is heavily discounted from within your cooperative.
A brief overview of return from the land.
€ 3.46 from grape to table per bottle.
Retail price can be € 14 - € 18 per bottle.
12,266 bottles produced for € 14.54 per bottle would be a potential return of €178,347 (one hundred seventy eight thousand three hundred and forty seven Euros)
Buyers Premium
* Plus 5% Buyers Premium + VAT
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. €50,000 - €55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
The buyer who has not seen the property is informed that the said property is sold as it is, without any guarantee. It is of the responsibility of the buyer to gather all information he deems essential to his commitment to the purchase.
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