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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 consists of approximately 64.61 acres (26.15 hectares) of productive pastureland in five main enclosures, bordered by stock fencing and hedging, with road frontage. The land has a convenient location, with access to the village of Barby, Rugby, and the M1 and M45 motorways, as well as direct rail links to Birmingham and London. The property has mains water connected and is suited for agricultural use, with potential for long-term development subject to planning permission.
The property can be sold as a whole or in up to two lots, with Lot 1 comprising 46.75 acres and Lot 2 comprising 17.86 acres.