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Farm land for sale
Lot 1, Manor Farm, Ratley, Ratley, Banbury, Warwickshire, OX15 6DS
£900,000
Lot 1, Manor Farm, Ratley, Ratley, Banbury, Warwickshire, OX15 6DS
£900,000
Our Summary
- 74 ha) of buildings with development potential (STPP)
- They provide an opportunity for conversion (STPP)
- DEVELOPMENT CLAWBACKThe Vendor reserves the right to receive 30% of any uplift in value if planning permission is granted (payment on the earlier of sale or implementation) for any use other than agricultural, running for a period of 30 years from the date of completion
Description
Manor Farm, a secluded rural property, is situated in the village of Ratley, near the Oxfordshire/Warwickshire border. The farm comprises approximately 116.76 acres of arable and pastureland, along with a small field barn, and is let under a single Farm Business Tenancy until 2036. The property is for sale by private treaty as a whole or in two lots, with Lot 1 including the land and barn, and Lot 2 featuring a range of farm buildings with development potential. The farm benefits from mains water and electricity connections, and is accessible via several roads. The property is being sold subject to the existing tenancy, and the vendor reserves the right to receive 30% of any uplift in value if planning permission is granted for non-agricultural use. Viewings are strictly by appointment with Brown&Co.