Farm land for sale

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Farm land for sale

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 126.76-acre rural property, situated in Humbie, Scotland, offers a rare opportunity to purchase a productive block of land with excellent transport links to Edinburgh City centre and the motorway network. The land, which is ring-fenced and classified as Grade 3.1/3.2, is suitable for a variety of uses, including farming, equestrian activities, or a diversified business venture, subject to obtaining necessary planning permissions. The property is divided into five individual fields, each with good access, and is registered for IACS purposes. The Basic Payment Scheme Entitlements are not included in the sale, but may be available to purchase separately. The property also includes sporting and mineral rights, and is subject to overage agreements that may be triggered by future planning permissions. Viewings are strictly by appointment, and the property is being sold as a whole or in five separate lots with vacant possession by private treaty.
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