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Our Summary
- Overage The land is sold subject to a development overage whereby the vendor will be entitled to 50% of any uplift in value for a term of 30 years payable on the implementation of planning consent or the sale with the benefit of planning consent for any use other than agricultural or equestrian
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Description
The property is a ring-fenced equestrian facility on approximately 1.63 acres of land, situated in the village of Bishop Monkton. The facility features an all-weather outdoor arena measuring 25m x 40m, surfaced with a silica sand and rubber chip mix on top of a geotextile membrane and featuring under drainage. The land is subdivided into turnout paddocks, bound by timber post and rail fencing and electrified single strand of wire, with external boundaries of mature hedgerow and timber fencing.
The land is classified as Grade 2 and benefits from a level topography and slightly elevated position at approximately 45m above sea level.