>
Farm land for sale
South Farm, LOT 4, Blaydon NE21
£350,000
South Farm, LOT 4, Blaydon NE21
£350,000
Our Summary
- With its proximity to Newcastle the land at South Farm is an excellent opportunity for any developers looking for land needed for biodiversity net gain or other natural capital projects
- LOT 4 is subject to an option agreement with Place for People, the vendor will add an overage provision on the land for 25% of any uplift in value from agriculture or equestrian use because of any planning permission for a period of 25 years
Description
This 11.76-hectare arable and permanent grassland plot is one of five lots available for sale on the urban fringe at Barlow, Blaydon. The property has access from Garesfield Lane and is currently subject to a development option with Places for People. The land has been farmed using a traditional cropping rotation and has benefited from regular farmyard manure applications. The property is not currently entered into any Countryside Stewardship Scheme or Sustainable Farming Incentive Scheme, presenting an opportunity for purchasers to build their own scheme. The land is suitable for traditional farming practice and also presents opportunities for income generation through subsidy schemes. The property is sold subject to various easements, wayleaves, and rights of way, and is also subject to an option agreement with Places for People, which includes an overage provision for 25% of any uplift in value from agriculture or equestrian use. Potential purchasers are requested to register their interest and viewings are strictly by prior appointment only.