Land for sale

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Land for sale

Stubbington, Fareham, Hampshire, PO14
£3,100,000

Our Summary

  • Lucrative opportunity with development potential on the North, East and Western edges of Stubbington DescriptionLOCATION:Stubbington is located on the south coast between Portsmouth and Southampton
  • This opportunity could represent a potential strategic edge of settlement development, subject to gaining the necessary consents, as well as an opportunity for natural capital and biodiversity net gain

Description

The property at Stubbington, located on the south coast between Portsmouth and Southampton, offers a lucrative opportunity for development with potential on the north, east, and western edges of the village. The land totals approximately 123 acres and is offered for sale as a whole and in three lots, with good road access and convenient motorway links. The property is subject to an annual contract farming agreement that terminates in September 2024, and there are opportunities for natural capital and biodiversity net gain. The lots are divided into fields and include a public footpath crossing, and the property is offered for sale with vacant possession. The overage deeds have been prepared in advance, requiring the purchaser to agree to an overage of 50% for any residential, commercial development, and biodiversity net gain for 30 years from the date of completion. The property is not within any legal designations, and the minerals and sporting rights are included in the sale. The property is sold by private treaty, and the local authority is Fareham Borough Council. Viewing is strictly by appointment with Savills.
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