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Farm land for sale
Rawreth
£500,000
Rawreth
£500,000
Our Summary
- An overage term of 40 years with 25% of any uplift resulting from implementable planning uses other than horticulture, equestrian, forestry and agriculture
- Base value for calculating the uplift will be the value at the date of establishing the overage but in a no scheme world
Description
The property is a 61.2-acre farmland located in Rawreth, near Hullbridge, with approximately 24.8 hectares laid to grass. The land has a frontage onto the River Crouch to the north and is situated near the A130 trunk road. The property is being sold freehold and vacant, with an overage term of 40 years applicable to any uplift resulting from implementable planning uses other than horticulture, equestrian, forestry, and agriculture. The land is located within the Greenbelt and lies near a Site of Special Scientific Interest. The property is being sold by private treaty, subject to all covenants, easements, and rights of way, and includes sporting, minerals, and timber rights. The land is tenanted by a third party, with 2.3 acres not owned by the vendor.