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Land for sale
The Banks, Long Buckby
£120,000
The Banks, Long Buckby
£120,000
Our Summary
- Overage Clause - The property will be sold with a historic overage clause which reserves 50% of any uplift in value attributed to any change of use or planning permission for a period of 50 years from the date the deed was executed being the 29th of April 2021
- For the avoidance of doubt the overage will not be triggered by any agricultural, permitted equestrian or forestry use, at the earlier of either disposal of the property following the grant of planning permission or the date of an implementation of planning consent
- Potential equestrian or alternative use subject to obtaining the necessary planning permission
Description
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Here is a summary of the property description in a single paragraph:
A 6.17-acre parcel of pastureland is available for sale on the outskirts of Long Buckby, Northamptonshire. The land is situated near the village center and has a direct access off the public highway. The property is surrounded by mature hedgerows and post-and-wire boundaries, with a small copse of trees and a dilapidated brick building on the eastern boundary. The land is classified as Grade 3 by Natural England, with slightly acid loamy and clayey soils. It would be suitable for equestrian or alternative use, subject to obtaining necessary planning consents. The property does not have mains services connections, and the cost of providing them will be at the buyer's expense. There are easements, wayleaves, and rights of way, including a third-party claim over a portion of the land. The property will be sold with a historic overage clause, which reserves 50% of any uplift in value attributed to a change of use or planning permission.