>
Land for sale
Gumley Road, Gumley, Market Harborough LE16
£320,000
Gumley Road, Gumley, Market Harborough LE16
£320,000
Our Summary
- Please note the property is a working farm and viewers must take precautions with livestock and potential farm machinery on the property
- 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) 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 grade 3 pastureland available as a whole or in two lots, situated on the edge of the desirable hamlet of Gumley, just 4 miles from the larger market town of Market Harborough. The land benefits from direct highway access and borders Foxton Locks, offering excellent recreational activities. The property is freehold and subject to a grazing licence expiring in August 2024. The land is classified as slowly permeable and slightly acid, with some cereal production potential. Viewings are available by appointment, and the property is offered for sale by informal tender. The selling agent will accept tenders until May 30th, 2024, and the vendors reserve the right to conclude the sale by any other means at their discretion.