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Land for sale
Scalford & Wycomb, Melton Mowbray
£3,900,000
Scalford & Wycomb, Melton Mowbray
£3,900,000
Our Summary
- Local Authority - Melton Borough Council –[use Contact Agent Button]Development Uplift Clause - The land will be sold subject to a Development Uplift Clause
- This clause will entitle the Vendor to 30% of any uplift in value arising from any development of the land (excluding development for agricultural or equestrian use) for a period of 10 years
Description
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Here is a summary of the property description in a single paragraph:
A unique opportunity to purchase 380 acres of prime agricultural land, believed to have been in the ownership of the Wyggestons Hospital Estate since 1519. The land is available as a whole or in three lots, subject to existing tenancy agreements, including an Agricultural Holdings Act tenancy, a Farm Business Tenancy, and an orchard agreement. The land is predominantly arable with some pasture land, woodland, and amenity land/orchard, and features traditional and modern farm buildings. The property is located between the villages of Scalford and Wycomb in Leicestershire, with direct road access points and approximately 4 miles north of Melton Mowbray. The freehold interest is offered for sale, subject to the prevailing tenancy agreements, and the land is registered with the Land Registry.