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Farm land for sale
Lot 3 - Land at Deanscales, Cockermouth, Cumbria CA13 0SG
£420,000
Lot 3 - Land at Deanscales, Cockermouth, Cumbria CA13 0SG
£420,000
Our Summary
- The uplift payment will be 50% of the uplift in the land value over the agricultural value of the land at the time
Description
This property is a large agricultural land holding of approximately 49.78 hectares (123.01 acres) located near Deanscales and Eaglesfield in Cumbria. The land is being sold in four separate lots, with Lot 3 being a 21.27 hectare (52.56 acre) block of grazing and cropping land with access via a private track. The land is classified as Grade 3 agricultural land, with freely draining soils suitable for arable and grassland production. The property is offered for sale freehold with vacant possession, and includes the sporting and mineral rights. The sale is subject to a development overage, which will run for 25 years and provide a 50% uplift payment on any non-agricultural development. The guide price for the whole property is £1,115,000, with Lot 3 being offered for sale at Offers Over £420,000.