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Land for sale
Market Harborough, Leicestershire
£740,000
Market Harborough, Leicestershire
£740,000
Our Summary
- Please note the property is a working farm and viewers must take precautions with livestock and potential farm machinery on the property
- Nitrate Vulnerable Zone (NVZ) The Property lies within a Surface Water NVZ Area and is subject to the usual restrictions
- Overage 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) for renewable energy purposes only 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
This 80.55-acre pastureland property is situated on the edge of Gumley, near Market Harborough, and offers direct highway access from Foxton Road. The land is classified as Grade 3 and is suitable for grass production for dairying or beef, as well as cereal production. The property has a grazing licence expiring in August 2024 and is available as a whole or in two lots. The land borders Foxton Locks, which offers recreational activities such as a public house and lock keeper's cottage cafe. The property has mains water connected and is subject to a grazing licence, a Basic Payment Scheme, and a Mid-Tier Countryside Stewardship Scheme. The sale is by informal tender, with a deadline of May 30th, 2024, and the vendor reserves the right to conclude the sale by any other means at their discretion.