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Lot 1: Land At Newgate, Barnard... Land for sale
Lot 1: Land At Newgate, Barnard Castle, Durham, DL12
£60,000
Lot 1: Land At Newgate, Barnard Castle, Durham, DL12
£60,000
Our Summary
- The land has potential for further enhancement with significant amenity, biodiversity and environmental opportunities
- Overage - The land is sold subject to an overage clause whereby 50% of any uplift in value attributable to the planning permission for uses other than agriculture and equestrian will be payable to the Vendor, the clause is to run for a period 30 years
- Please be mindful of potential hazards when inspecting the land and viewing is entirely at your own risk
Description
This 3.05-acre property is a productive amenity grassland situated on the southeastern fringe of Barnard Castle, a historic market town. The land is bounded by hedgerows and trees, with open countryside to the south and the River Tees in the distance. It has excellent road access and is well-suited for amenity and equestrian use. The soil is classified as Grade 3, a well-drained coarse loamy and sandy soil, and the land is relatively level at 150-155 meters above sea level. The property has potential for further enhancement with opportunities for amenity, biodiversity, and environmental development. It is being sold as a freehold with vacant possession, subject to an overage clause and various rights of way and easements. The land is available for viewing at all reasonable times, with a copy of the particulars.