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Our Summary
- The land to the north western boundary abuts the village, and we feel has some long term potential (Subject to Planning Permission)
- 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 the earlier of sale or implementation) for any use other than agricultural or equine, running for a period of 30 years from the date of completion
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Description
The property is a productive agricultural land covering approximately 64.61 acres (26.15 hectares) with pastureland in five main enclosures, bordered by stock fencing and hedging. The land has road frontage and access to the public highway via 'The Ridgeway' which leads to the Daventry Road. It is located approximately 4.29 miles south east of Rugby and 13.73 miles north west of Northampton.
The property is divisible into two lots, Lot 1 comprising approximately 46.75 acres and Lot 2 comprising approximately 17.86 acres, with Lot 1 including a potential long-term development area subject to planning permission.