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Land At Ulgham Grange, Morepeth NE61 Farm land for sale
Land At Ulgham Grange, Morepeth NE61
£525,000
Land At Ulgham Grange, Morepeth NE61
£525,000
Our Summary
- In the event that planning permission for any renewable energy development is granted on any part of the property, then the Vendor reserves the right to receive a clawback payment of 25% of the uplift in value, for a period of 25 years
Description
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Here is a summary of the property description in a single paragraph:
The Michie Group LLP presents an attractive opportunity to acquire a 79.99-acre block of arable land in Ulgham, Northumberland, suitable for producing high-yielding combinable crops. The land is well situated, accessible from the public highway, and bordered by woodland and the River Lyne. Classified as Grade 3 on the Provisional Agricultural Land Classification Map, the land has been well maintained as part of the vendor's arable rotation. The sale is subject to a holdover provision until October 2025, and the vendor reserves the right to receive a clawback payment if planning permission is granted for renewable energy development. The property includes all standing and fallen timber, with mineral rights excluded and sporting rights included. Viewings are by prior appointment only.