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Land for sale
Lot 3 Talla Farm, Tweedsmuir, Biggar, Scottish Borders, ML12
£190,000
Lot 3 Talla Farm, Tweedsmuir, Biggar, Scottish Borders, ML12
£190,000
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
This 181.64-acre property, known as Lot 3, is a hill pasture land extending north and east of the farmhouse, with the Talla Water running along its southern boundary. The land is predominantly used for sheep grazing and rises from approximately 295m to 600m above sea level. The property is designated as a Site of Special Scientific Interest (SSSI) and is not included in a Nitrate Vulnerable Zone. The property is registered for IACS purposes and any Basic Payment Scheme (BPS) entitlements will be transferred to the new owner. The property also has Less-Favoured Area Support Scheme (LFASS) designation and is subject to a clawback agreement for energy development. The property is sold with all existing rights of way, servitudes, and wayleaves, and the new owner will be responsible for maintaining the farmland in Good Agricultural and Environmental Condition (GAEC) under the Cross Compliance rules of the Basic Payment Scheme (BPS).