Land for sale

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Land for sale

Lot 5 Land at Ashton, nr Oundle, Northamptonshire
£665,000

Our Summary

  • Overage The land will be sold subject to an uplift provision which will specify that a percentage of any increase in value due to development (as defined in Section 55 of the Town and Country Planning Act 1990) will be payable to the Vendors or their successors in title should such development occur within a period of years from the date of completion The uplift will be payable upon implementation or on a future sale with the benefit of planning permission for a non-agricultural use

Description

The property is a 98.81-acre agricultural land, primarily used for arable cultivation, located in the Northamptonshire countryside. The land is let under an Agricultural Holdings Act Tenancy and has a right of access via a farm track. The soil is slightly acid loamy and clayey with impeded drainage, and the land is classified as Grade 3 according to the Natural England Regional Agricultural Land Classification Maps. The property is situated near the market town of Oundle and is well-connected to major roads, including the M1 and A14. The land is being sold as a whole or in six separate lots, with Lot 5 being sold subject to an Agricultural Holdings Act Tenancy. The property includes sporting, timber, and mineral rights, and is being sold with an uplift provision for any future development. Viewings are strictly by appointment only.