>
Land for sale
Lot 1 Land At Lugg Bridge, Hereford HR1
£60,000
Lot 1 Land At Lugg Bridge, Hereford HR1
£60,000
Our Summary
- This productive Riverside Pasture Land with Potential for Bio Diversity Gain is in Three adjoining Lots that can be bought as a whole or in three individual Lots
- The land may be of interest to conservationists and those seeking to acquire the potential for establishing bio diversity net gain (bng) units
- There appears to be the potential for creating around 70 bng units for the land as a whole for enhancing the pasture but buyers should make their own assessments should bng units be a consideration in their purchase
- On Lot 1 provision will be made for Uplift Overage at 40% of the increase in value for a period of fifty years from the date of acquisition
- Riverside Pasture Land with Potential for Bio Diversity Gain
Description
This 12.82-acre productive pasture land in Riverside, Herefordshire, is being sold as three adjoining lots or as a whole. The land is situated near the River Lugg, a Site of Special Scientific Interest, and has potential for bio diversity gain. Lot 1 is a 4.82-acre field with road frontage, Lot 2 is a 5-acre field, and Lot 3 is a 23-acre field with a long frontage along the River Lugg. The land is within the flood plain and subject to an annual payment to the River Lugg Internal Drainage Board. The vendor has had an initial scoping report carried out by an ecologist, which suggests the potential for creating around 70 bio diversity net gain units. The land is freehold with vacant possession on completion, and no services are connected. The guide prices are £60,000 for Lot 1, £50,000 for Lot 2, and £150,000 for Lot 3.