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Land for sale
Lot 3 - Land at Manor Farm, Woodnewton, Northamptonshire
£340,000
Lot 3 - Land at Manor Farm, Woodnewton, Northamptonshire
£340,000
Our Summary
- happy 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
Manor Farm, a 182.46-acre property in Northamptonshire, is being sold as a whole or in up to three lots. Lot 3, approximately 34.47 acres, is a commercial arable land with a mix of mature hedgerows and trees, sloping gently to the south. The land has been well-farmed in an arable rotation and has been cropped with various crops in recent years. It is classified as Grade 3 and has slow-permeable calcareous clayey soils. The property benefits from excellent road connections and is located near the village of Woodnewton, approximately 3 miles northwest of the A605. 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 will be responsible for paying for growing crops and beneficial cultivations if established prior to sale. An overage of 30% will be retained by the seller if planning permission is obtained for a development or change of use within the first 30 years after completion of the sale.