Land for sale

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Land for sale

Lot 4 Canderside Farm, Stonehouse, Larkhall, South Lanarkshire, ML9
£65,000

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 being sold as a whole or in 5 separate lots, with lots 2-5 not being sold until lot 1 is sold. Lot 4 is a 9.81-acre farmland plot, classified as Grade 3.2, located near the Canderside Toll roundabout. The land is currently used for arable farming and has a northerly aspect, rising from 155m to 172m above sea level. The property is subject to a clawback clause, where the buyer must grant a standard security to the seller to recover 30% of the land's value if planning permission is granted for non-agricultural development within 30 years. The property is also subject to the Less-Favoured Area Support Scheme (LFASS) and mineral rights are included in the sale. The seller is also including all fallen and standing timber, sporting rights, and existing rights of way and servitudes. Potential buyers are advised to exercise caution when viewing the property due to its agricultural nature and to note that a high-pressure gas main crosses part of the land.
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