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Land for sale
Market Harborough, Leicestershire
£1,025,000
Market Harborough, Leicestershire
£1,025,000
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
The property consists of approximately 113.9 acres of productive pastureland located on the edge of the village of Gumley, just 4 miles from Market Harborough. The land is available as a whole or in two lots, with Lot 1 extending to about 80.55 acres and Lot 2 extending to about 33.36 acres. The property benefits from direct highway access and borders Foxton Locks, which offers recreational activities. The land is classified as Grade 3 and has slowly permeable, seasonally wet soils that are suited for grass production. The property is subject to a grazing licence expiring in August 2024 and is offered for sale freehold. The selling agents are offering the property for sale by informal tender and the deadline for tenders is 30th May 2024.