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Hoar Cross, Burton
Hoar Cross, Burton-on-Trent, Staffordshire
£1,215,000
Hoar Cross, Burton-on-Trent, Staffordshire
£1,215,000
Our Summary
- OverageThe land will be sold subject to a new uplift provision which will specify that 20% of any increase in value due to development (as defined in Section 55 of the Town and Country Planning Act 1990) will be payable to the Vendors or their successors in title should such development occur within 20 years from the date of completion
- The uplift will be payable upon implementation or on a future sale with the benefit of a planning consent but shall not be triggered by any development for agricultural and/or equestrian purposes
- The Vendor is willing to consider offers based on varied overage terms to the above, including offers free of the new uplift provision
- Nitrate Vulnerable Zone (NVZ)The Property lies within an NVZ Area and is subject to the usual restrictions
- Please note the property is a working farm and viewers must take precautions with livestock and potential farm machinery on the property
Description
This is a unique opportunity to purchase a ring-fenced mixed arable and grassland holding in East Staffordshire, available as a whole or in up to two lots. The property, extending to approximately 124.09 acres, features arable land, grassland, and woodland, with the arable land capable of supporting a range of cereal crops. The grassland has been used for livestock grazing, and the ancient and semi-natural woodland has been used as part of a small shoot. The property is situated between the villages of Newchurch and Rangemore, with excellent access to the A50 via the A515. The land is generally well-drained, with mature hedgerows and post and wire fencing enclosing individual fields. The property is being sold freehold with vacant possession, subject to a grazing licence over 37.77 acres of Lot 1, which expires in 2025. Prospective purchasers must satisfy themselves as to the availability of services and any future connections.