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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 CLAWBACKThe 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
A productive pastureland of approximately 64.61 acres (26.15 hectares) is being sold by private treaty as a whole or in up to two lots. The property, located in Barby, Rugby, Northamptonshire, benefits from road frontage and convenient transport networks. The land is currently grazed on a grazing licence, but the freehold is being sold with vacant possession upon completion.
The property consists of five main enclosures of pastureland, bordered by stock fencing and hedging, with some potential for long-term development subject to planning permission. The property also has mains water connected, and sporting, mineral, and timber rights will be included in the transfer of the freehold.