Land off Broadway, Duffield Land for sale

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Land off Broadway, Duffield Land for sale

Land off Broadway, Duffield
£275,000

Our Summary

  • An excellent opportunity to acquire agricultural investment land that may have long term development potential
  • The land is classified as a mixture of Grade 3 and 4 under the MAFF Agricultural Land Classification SchemeThis land is considered as an excellent opportunity to acquire agricultural investment land and that it may have some long term development potential
  • To that end the land is sold subject to a 25 year overage for any uplift in the event of development at 25%

Description

This 35.96-acre agricultural land parcel is situated in a semi-rural location near the village of Duffield, offering an excellent opportunity to acquire investment land with potential for long-term development. The land is classified as a mixture of Grade 3 and 4 under the MAFF Agricultural Land Classification Scheme and is currently subject to an Agricultural Holdings Act Tenancy with a rent of £3,161 per annum. The property is sold freehold, subject to an overage clause for any uplift in value in the event of development at 25%. The land is accessed via a vehicular track and is sold with timber, sporting, and mineral rights included. Viewings should be arranged through the sole agents' office, and the property is being offered for sale by private treaty.