Land At Newgate, Barnard Castle... Land for sale

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Land At Newgate, Barnard Castle... Land for sale

Land At Newgate, Barnard Castle, Durham, County Durham, DL12
£115,000

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

Description

This 5.73-acre property is situated on the southeastern fringe of Barnard Castle, a historic market town in County Durham. The land is divided into two parcels, bounded by hedgerows and trees, with open countryside stretching towards the River Tees. The property benefits from excellent road access and is classified as Grade 3 under the Agricultural Land Classification, with well-drained soils. The land is relatively level and strategically positioned on the outer perimeter of the town, offering potential for further enhancement and a range of uses, including amenity and equestrian purposes. The property is being sold with vacant possession, and includes sporting rights, mineral rights, and an overage clause.