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Land for sale
Lot 1 - Land at Manor Farm, Woodnewton, Northamptonshire
£1,200,000
Lot 1 - Land at Manor Farm, Woodnewton, Northamptonshire
£1,200,000
Our Summary
- faced Overage The Seller will retain an overage of 30% of any uplift in value if planning permission is obtained for a development or change of use from agricultural, equestrian or horticultural use during the first 30 years after completion of the sale
- The overage payment will be triggered upon disposal of land with the benefit of planning permission or implementation of planning permission, whichever is the sooner VAT Should the sale of the property or rights attached to the sale become a chargeable supply for the purpose of VAT, such tax will be paid by the Buyer(s) in addition to the purchase price
- Health and Safety Given the potential hazards of a working farm, we ask you to be as vigilant as possible when making your inspection, for your own personal safety
Description
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Here is a summarized version of the property description in a single paragraph:
The property, Lot 1, is a 124.95-acre arable land plot located in Woodnewton, Northamptonshire, with excellent road connections to the A605 and A1(M). The land is classified as Grade 3 and is suitable for arable farming, with a rotation of combinable crops in recent years. The property has road frontage and access to Oundle Road and Southwick Road, and is entered into the Mid-Tier Countryside Stewardship Scheme and Sustainable Farming Incentive Scheme. The property is being sold freehold with vacant possession, and is subject to general drainage rates and environmental schemes. The buyer will be required to take on the Mid-Tier environmental options and pay for any growing crops and beneficial cultivations since the last harvest. The property is also subject to an overage of 30% of any uplift in value if planning permission is obtained for a development or change of use from agricultural, equestrian, or horticultural use during the first 30 years after completion of the sale.