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Farm land for sale
Land at Humbie Farm, Kirkliston, Edinburgh, EH29
£1,500,000
Land at Humbie Farm, Kirkliston, Edinburgh, EH29
£1,500,000
Our Summary
- Equally sale of the individual lots could be attractive for an equestrian buyer or for a diversified business venture (subject to obtaining the necessary planning permissions)
- PLANNING AND BUILDING CONTROL PERMISSIONS There are no planning applications currently affecting the property
- Subject to planning permission being obtained there could be potential or other uses such as equestrian or tourism development
- The Overage Agreement provides that if all or part of the property obtains Relevant Planning Permission enabling all or a material part to be used or become affected by or become suitable for a use other than agricultural use for the planting and harvesting of crops (or grazing of livestock or horses) an Overage Payment shall be payable
- The Overage Payment is 50% of the increase in value of all or a material part of the property following grant of Relevant Planning Permission
- The Overage Agreement provides that if all or part of the property obtains Relevant Planning Permission enabling housing development an Overage Payment shall be payable
- The Overage Payment is 50% of the increase in value of all or part of the property following grant of Relevant Planning Permission
- The Overage Payment is payable in three instalments following commencement of development or sale of all or part of the property subject to Relevant Planning Permission
- Given the potential hazards of a working farm, we request you take care when viewing the property
Description
This rural property in Humbie, Scotland, offers a unique opportunity to purchase a productive block of land, either as an investment or for agricultural use. The land, which totals 126.76 acres, is situated near Edinburgh City centre and has excellent transport links, including the M9 motorway and Edinburgh Airport. The property is divided into five individual fields, each with good access and a range of soil types. The land is classified as Grade 3.1/3.2, suitable for growing a variety of crops and grazing livestock. The property also includes sporting and mineral rights, and is registered for IACS purposes. While there are no current planning applications, the land has potential for development, subject to obtaining necessary permissions. The property is being sold by private treaty, with a closing date for offers possible.