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Farm land for sale
Land at Southrop, Lechalde, Gloucesterhsire GL7 3NZ
£775,000
Land at Southrop, Lechalde, Gloucesterhsire GL7 3NZ
£775,000
Our Summary
- DEVELOPMENT OVERAGE The Seller shall be entitled to a 30% uplift of the value should planning permission is obtained for any use other than agriculture, horticulture or equestrian for a period of 40 years
- Overage is paid on triggering the planning permission or selling the property with the benefit of planning permission
Description
The property is a 56.82-acre arable farm located in the Cotswold village of Southrop, near Cirencester and Lechlade. The farm is being sold as a whole or in up to three lots, each with its own characteristics and uses. The land is currently planted with spring barley, winter bird cover, and flower-rich mixtures, and is ideally suited for agricultural, equestrian, or amenity uses. The property is freehold and is being sold by private treaty, with vacant possession on completion. The seller will complete the 2025 harvest and has the right to holdover to complete the harvest, but will not plant a winter crop following harvest. The land is part of a Countryside Stewardship Agreement and a Sustainable Farming Incentive Agreement, and the seller is entitled to a 30% uplift in value if planning permission is obtained for a non-agricultural use.