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Land for sale
Land at Turners Green, Britwell Salome OX49
£275,000
Land at Turners Green, Britwell Salome OX49
£275,000
Our Summary
- During that time planning application P22/S1433/FUL, for 10 dwelling houses, was refused by South Oxfordshire District Council
- The decision was appealed by the Promoter and details of this unsuccessful appeal can be found on the Planning Inspectorate website under Reference Number APP/Q3115/W/22/3312652
- Overage Despite the above unsuccessful planning application and appeal, the location of the land does provide it with strategic appeal
- The Overage Deed would provide a payment of 40% of any uplift in the event of development (other than agricultural or equestrian) within 35 years of the date of sale
Description
This attractive arable field, situated west of existing development in Britwell Salome, offers long-term strategic appeal due to its proximity to the M40 and nearby towns like Wallingford and Henley-on-Thames. The 11.82-acre field, currently used for arable production, has been let to a local farmer and is available with vacant possession in September 2024. The land is outside the Chilterns National Landscape Boundary and has previously been subject to a planning promotion agreement, although a recent appeal was unsuccessful. The sale contract includes an Overage mechanism, which would provide a payment of 40% of any uplift in value if development occurs within 35 years. The property is being sold freehold, with no services currently connected, and is available by private treaty.