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Farm land for sale
Lugg Bridge, Worcester Road, Hereford
£335,000
Lugg Bridge, Worcester Road, Hereford
£335,000
Our Summary
- Overage - 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
Description
This property consists of three adjoining lots of land, totaling approximately 28 acres, located near the Aylestone Hill roundabout in Hereford. Lot 1 is a 4.82-acre flat grass field with road frontage on both Sutton Road and Worcester Road, subject to an overage clause. Lot 2 is a 5-acre pasture field with access onto Worcester Road, while Lot 3 is a 23-acre field with a long frontage along the River Lugg, a Site of Special Scientific Interest. The land is mostly flat, with some mounds, and features a registered Common with grazing rights. The property is within the flood plain of the River Lugg and requires a small annual payment to the River Lugg Internal Drainage Board. The land may appeal to conservationists and those interested in increasing biodiversity, and is being sold as a whole or in individual lots, with a guide price of £75,000 for Lot 1, £60,000 for Lot 2, and £200,000 for Lot 3.