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Land for sale
Tamworth Road, Furnace End
£190,000
Tamworth Road, Furnace End
£190,000
Our Summary
- The property benefits from planning permission for equestrian use
- Overage Clause - The property is subject to an existing overage clause which will clawback 30% of any uplift in value attributed to any residential or commercial planning permission and this is due to expire in February 2045
Description
This equestrian facility is a rare opportunity to purchase a 3.13-acre property with stables, a manège, and pastureland, located in the rural village of Furnace End. The property benefits from gated road access and is situated near Coleshill, Atherstone, and Nuneaton, with easy access to major road networks. The facility includes five stables, a tack room, hay barn, and a 20x30m manège with a sand and fibre surface. The land is surrounded by mature hedges and fencing, with a small area of woodland to the south. The property has planning permission for equestrian use and benefits from mains electricity and water connections. However, it is subject to an existing overage clause and restrictive covenant, which prevents the parking of temporary living accommodation on the land. The property is being sold by private treaty, and viewings are strictly by prior appointment only.