Land for sale

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Land for sale

Lot 3 Canderside Farm, Stonehouse, Larkhall, South Lanarkshire, ML9
£165,000

Our Summary

  • CLAWBACKThe missives of sale of Lots 1 -4 will be subject to the Purchaser(s) granting a standard security in favour of the Sellers to clawback 30% of the uplift in value, in the event of planning permission being granted for development for any purpose other than agricultural, over any part of the holding being obtained subsequent from the date of entry for a period of 30 years

Description

Canderside Farm is a large property being sold as a whole or in five separate lots. Lot 3 is a 14.08 hectare (34.79 acre) farm extending to the east of the M74 motorway, with direct access to the A71 and a varying aspect. The land is primarily used for arable production and grazing, with a small area of woodland and a livestock handling pen. The property is subject to a clawback agreement, where the buyer must grant a security to the seller to reclaim 30% of the land's value if planning permission is granted for non-agricultural development within 30 years. The property is an agricultural holding and requires caution during inspection due to farm buildings, land, and water courses. The sale includes the mineral rights, timber, and sporting rights, but excludes fixtures and fittings unless mentioned in the sales particulars. The property is burdened by service rights in favor of SP Distribution PLC for neighboring sub-stations and is sold with all existing rights of way, servitudes, and wayleaves.
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