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Our Summary
- The land may have some strategic development potential subject to obtaining the necessary planning consents
- OverageSections of the land will be sold subject to an uplift provision which will specify that 30% of any increase in value due to development (as defined in Section 55 of the Town and Country Planning Act 1990) will be payable to the Vendor should such development occur within 30 years from the date of completion
- The uplift will be payable upon the grant of planning consent
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Description
The property is approximately 220 acres of productive arable land located 5 miles from Bedford, with good road frontage and access to all parcels from the public highway to the A603. The land is classified as a mixture of Grade 1 and 2, with freely draining, slightly acid loamy soils suitable for a range of spring and autumn sown combinable and root crops, as well as pasture. The land can be divided into three distinct lots: Lot 1 - 53.39 acres south of Sandy Road, Lot 2 - 152.91 acres west of Wood Lane, and Lot 3 - 14 acres of fallow arable land north of Bedford Road.
The land is situated near the village of Willington, offering a range of local amenities and services, with convenient access to the A603, A1, and the wider national motorway network. The property is to be sold freehold with vacant possession.