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)
• 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
• Fantastic investment opportunity
• Individual lots attractive for equestrian or other diversified enterprises (subject to obtaining planning permission)