>
Land for sale
Nether Green, Great Bowden, Market Harborough LE16
£550,000
Nether Green, Great Bowden, Market Harborough LE16
£550,000
Our Summary
- 75 acres of permanent pasture with strategic potential (STP) and excellent access off the A6 close to Market Harborough
- Long term strategic potential (subject to the necessary consents)
- Please note the property is a working farm and viewers must take precautions with livestock and potential farm machinery on the property
- The Property lies within a Surface Water nvz Area and is subject to the usual restrictions
- The land will be sold subject to an uplift provision which will specify that 20% of any increase in value due to development (as defined in Section 55 of the Town and Country Planning Act 1990 will be payable to the Vendors or their successors in title should such development occur within 20 years from the date of completion
- The uplift will be payable upon implementation or on a future sale with the benefit of a planning consent
Description
The property is a 133.25-acre block of permanent pasture in Great Bowden, with potential for long-term strategic development (subject to necessary consents). The land is classified as Grade 3 and has slowly permeable, seasonally wet soils that are suited to grass production and some cereal production. The property is available as a whole or in up to three lots, with mains water connected. The grazing licence will expire on August 31, 2024. The property is situated near Market Harborough, with excellent amenities and transport links, and is within walking distance of a pretty green with a village store, post office, and two public houses. The land is subject to a Mid-Tier Countryside Stewardship Scheme ending in 2026 and has historically been registered for payments under the Basic Payment Scheme. The property is offered for sale freehold, with an informal tender deadline of May 30, 2024, at 12 noon.