Land for sale

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Land for sale

Steeple Chase Farm (Lot 2), Beach Road, Cottenham, Cambridge CB24
£175,000

Our Summary

  • The property will be sold subject to a development uplift clause on the basis of 25% of the uplift in value being payable to the Vendor on the grant of planning permission, or use of the land for any non-agricultural use

Description

Lot 2 is a 17.50-acre parcel of land located south of Beach Road, which is colored blue on the sale plan. The property consists of arable and fenced pasture and offers direct access from Beach Road. The property is being sold freehold and is subject to a Farm Business Tenancy that will terminate on September 28, 2025. Additionally, the property is subject to a development uplift clause, which means that the vendor will receive 25% of the uplift in value when the land is developed or used for non-agricultural purposes. This clause will be in effect for 25 years from the date of completion.
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