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Land for sale
Lot 2 Land At Lugg Bridge, Hereford HR1
£50,000
Lot 2 Land At Lugg Bridge, Hereford HR1
£50,000
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-acre productive pasture land in Riverside, Herefordshire, is being sold as a whole or in three individual lots. The land is situated in a floodplain and is subject to an overage clause on one of the lots. The property has potential for biodiversity gain, with an initial scoping report suggesting the possibility of creating 70 bio diversity net gain units. The land is also within a Minerals Safeguarding Area and Preferred Area, and is not currently within an environmental scheme. The property is freehold with vacant possession on completion, and is being sold by private treaty.