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Our Summary
- OVERAGE The Vendors preference is to retain 30% of any uplift in value if planning permission is obtained for a development or change of use from agricultural, equestrian, horticultural, leisure and tourism use during the first 30 years after completion of the sale
- If applied, the overage payment will be triggered upon disposal of land with the benefit of planning permission or implementation of planning permission
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Description
The property is situated on approximately 34.08 acres (13.79 hectares) of permanent pasture in Northamptonshire, bordering the River Nene and adjacent to Fotheringhay Castle Mound and Ruins. The land is bounded by mature hedgerows, trees, and fencing to the east, south, and west, and has approximately 825 meters of river frontage and 280 meters of backwater frontage. Direct vehicular access is available off Fotheringhay Road to the west, secured by 7-bar agricultural gates.
The land is classified as Grade 3 and has Fladbury 1 Association soil, and is suitable for livestock grazing, hay cropping, or eco-system services.