Land At Bearmans Farm, Writtle Road... Land for sale

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Land At Bearmans Farm, Writtle Road... Land for sale

Land At Bearmans Farm, Writtle Road, Margaretting, Ingatestone, Essex, CM4
£625,000

Our Summary

  • OverageThe land is being sold subject to a 30% overage for a term of 30 years, to be triggered by the implementation of planning permission (or deemed planning permission) or permitted development rights for any development other than agricultural or equestrian use, payable within 1 month of the implementation of such relevant permission

Description

This block of arable land, situated on the south-west fringe of Chelmsford, offers a unique opportunity for a purchaser to farm the land as an owner-occupier or investor. The 60.83-acre property is divided into two fields, bordered by hedgerows and mature trees, and is easily accessible off Writtle Road. The land is currently used for arable cropping, but could also be suitable for grazing livestock or horses. The property benefits from two points of access and a concrete apron, and the soils are classified as Grade 2/3, making them suitable for growing winter cereal crops and some grassland. The land is being sold subject to a 30% overage for a term of 30 years, payable within one month of the implementation of planning permission or permitted development rights for any development other than agricultural or equestrian use.