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Land for sale
Lot 2 Talla Farm, Tweedsmuir, Biggar, Scottish Borders, ML12
£435,000
Lot 2 Talla Farm, Tweedsmuir, Biggar, Scottish Borders, ML12
£435,000
Our Summary
- CLAWBACK AGREEMENTThe missives of sale will be subject to an existing Minute of Agreement in favour of a previous owner, to clawback 30% of net income of energy development, in the event of planning permission being granted for any renewable development purposes within any of the subjects of sale being obtained subsequent from date of entry until to 17 May 2032
- It is a condition of sale that the purchaser(s) upon entry will take on the existing clawback liability from the Seller, and in addition to the existing clawback agreement, the missives of sale will be subject to the purchaser(s) granting a new agreement in favour of the Sellers to clawback 30% of net income of energy development, in the event of planning permission being granted for development for any renewable purposes, over the subjects of sale, being obtained subsequent from the 17th of May 2032 for a further period of 20 years until 17th of May 2052
Description
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Here is a summary of the property description in a single paragraph:
The property, Lot 2, is a 228.17 Ha (563.81 Acres) plot of land extending from the northern shore of the Talla Reservoir, with a steep hillside aspect and rising from 292m to 700m above sea level. The land is classified as grade 6.1 and 6.3 and is enclosed by deer fencing. It is part of an existing Scottish Rural Development Priorities (SRDP) Scheme Contract for native woodland creation and is also designated as a Site of Special Scientific Interest (SSSI). The property is not within a Nitrate Vulnerable Zone and is eligible for Basic Payment Scheme (BPS) and Scottish Rural Development Priorities (SRDP) grants. The seller may transfer BPS entitlements and the buyer will be responsible for complying with management requirements for the SRDP scheme. The property also has sporting rights and includes fallen and standing timber.