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Our Summary
- The land may have some strategic development potential subject to obtaining the necessary planning consents
- OverageSections of the land will be sold subject to an uplift provision which will specify that 30% of any increase in value due to development (as defined in Section 55 of the Town and Country Planning Act 1990) will be payable to the Vendor should such development occur within 30 years from the date of completion
- The uplift will be payable upon the grant of planning consent
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Description
The property is a 53.39-acre block of arable land situated in an edge of village setting, near the village of Willington, in Bedfordshire. The land is classified as a mixture of Grade 1 and 2, with freely draining, slightly acid loamy soils suitable for combinable and root crops, as well as pasture. The landscape is varied, with some areas having been traditionally used as arable land while others have been fallow.
The land is situated near the A603, providing good access to the wider highway network, and is close to the towns of Bedford and Sandy, which offer a range of amenities and services.