Chaddesley Corbett, Kidderminster... Land for sale

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Chaddesley Corbett, Kidderminster... Land for sale

Chaddesley Corbett, Kidderminster, Worcestershire
£750,000

Our Summary

  • OverageThe land will be sold subject to an uplift provision which will specify that 30% of any increase in value due to development as defined in Section 55 of the Town and Country Planning Act 1990) for renewable energy purposes and development will be payable to the Vendors or their successors in title should such development occur within 25 years from the date of completion
  • The uplift will be payable upon implementation or on future sale with the benefit of a planning consent
  • Nitrate Vulnerable Zones (NVZ)The Property lies within a Surface Water NVZ Area and is subject to the usual restrictions

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summarized version of the property description in a single paragraph: The property is a 67.73-acre block of arable land in Worcestershire, suitable for growing high-value crops. The land is divided into three parcels, bounded by mature hedgerows and fencing, and has excellent free-draining soils. The property has a long frontage to Curslow Lane and is conveniently located near the A448 and A442 roads. There is a small area of woodland and a 9-acre parcel subject to a long-term farm business tenancy. The property is freehold, with vacant possession given upon completion, except for the area under the farm business tenancy. The property is not subject to VAT on purchase, but the vendor reserves the right to do so if further information comes to light. The property is sold subject to various easements, wayleaves, and rights of way, and lies within a Surface Water NVZ Area. Viewings are strictly by appointment through the joint agents.