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Farm land for sale
Wyton Road, Preston, HU12 8TT
£28,000
Wyton Road, Preston, HU12 8TT
£28,000
Our Summary
- The land, of ridge and furrow topography, is bounded by post and wire fencing with mature hedgerows and is considered suitable for grazing or amenity purposes with the potential for future development, subject to the necessary planning consents
- No planning permission currently exists for development on the land
- The sale of the land is subject to an overage clause, whereby the Vendor or their Successors in Title will receive 20% of any uplift in value arising as a result of obtaining any planning permission for a change of use from agriculture or domestic equestrian grazing use for a period of 15 years from the completion of sale
- The property will be offered for sale by online auction with bidding commencing at 12 noon on Monday 26th May 2025 and closing on Wednesday 28th May 2025 at 1
Description
This 1.96-acre parcel of permanent grassland is situated in a prime position north of Preston village, near Hull city centre. The land, with mature hedgerows and post and wire fencing, is suitable for grazing or amenity purposes and has potential for future development, subject to planning consents. The property is currently divided into three areas, including two paddocks and an area with a temporary livestock shelter. The sale is subject to an overage clause, where the vendor will receive 20% of any uplift in value resulting from planning permission for a change of use. The land is being sold freehold with vacant possession upon completion, and is not included in an agri-environment scheme. It is located within a Nitrate Vulnerable Zone and does not have any services connected. The property will be sold by online auction, with bidding commencing on May 26th and closing on May 28th.