Farm land for sale

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Farm land for sale

Land at Thurleigh - Lot 1
£1,050,000

Our Summary

  • Overage Clause:The Seller will retain 30% of any uplift in value if planning permission is obtained for a change of use from agricultural or equestrian use, during the first 30 years after completion of the sale
  • The overage will be triggered upon the disposal of land with the benefit of planning permission or the implementation of a planning permission

Description

The property is a 105.78-acre field located between the villages of Thurleigh and Bletsoe in Bedfordshire, approximately 1 mile east of the A6 and 4.5 miles north-west of Bedford. The land is classified as Grade 2 according to the MAFF Agricultural Land Classification and has slowly permeable calcareous clayey soils. The property has been farmed by the seller and will be offered for sale freehold with vacant possession upon completion. The sale includes the benefit of a Mid-Tier Countryside Stewardship Scheme, and the buyer will be required to take on the stewardship obligations. The property is entered into a Rural Land Register and has an enhancement payment calculated at £20 per arable hectare per month from 1st September 2023 up to completion. The seller will retain 30% of any uplift in value if planning permission is obtained for a change of use from agricultural or equestrian use during the first 30 years after completion. The property is subject to a restriction not to use for any noisy, noxious or offensive trade or business, and there are underground cables/pipelines that cross the land. The property is sold subject to and with the benefit of all existing wayleaves, easements, and rights of way.
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