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Land for sale
Land At Kinross, Kinross, KY13
£640,000
Land At Kinross, Kinross, KY13
£640,000
Our Summary
- CLAWBACK PROVISIONThe land at Kinross shall be sold subject to a 20 year clawback provision in favour of the seller should planning permission be granted for the development on any part
Description
The land at Kinross consists of two large arable fields totaling approximately 92 acres, with some areas used for potatoes. The land is classified as Grade 3.1 and 3.2, meaning it is suitable for a variety of crops. The fields are gently sloping towards Loch Leven and offer a superb outlook. The land is registered for IACS purposes and is included within a Nitrate Vulnerable Zone. The sale is subject to a 20-year clawback provision in favor of the seller in case planning permission is granted for development on any part of the land. Basic Payment Entitlements are established, and the purchaser will be responsible for complying with the Statutory Management requirements to maintain the farmland in Good Agricultural and Environmental Condition. The mineral rights are included, and all fallen and standing timber is also part of the sale. The sporting rights are included, and the purchaser will be obliged to take over and pay for the crops, feed stuffs, and other produce at market value. A deposit of 10% of the purchase price is required within seven days of completion of Missives, and the sale is subject to a 8% interest rate on outstanding monies.