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Farm land for sale
First Drift, Wothorpe
£150,000
First Drift, Wothorpe
£150,000
Our Summary
- 72 hectares) of Paddock Land FOR SALE BY PRIVATE TREATY AS A WHOLESITUATION The land is situated directly adjoining the attractive settlement of Wothorpe, less than half a mile to the south of the historic market town of Stamford
- Alternatively, the paddock is suitable for dog walking and other amenity uses including equestrian purposes and may have longer-term development potential, subject to obtaining the necessary planning consents
- OVERAGE The Sellers will retain 30% of any uplift in value if planning permission is obtained for a development or change of use from agricultural use during the first 25 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
Description
This 1.78-acre paddock land is situated in Wothorpe, near Stamford, and offers a rural yet accessible location. The property has a south-easterly slope and mature trees on the boundaries, with a brook running through it. The land has been used for grazing sheep, cattle, and horses, and has potential for equestrian purposes, dog walking, and other amenity uses. The property is freehold with vacant possession, and there are no mains services connected. The land is not registered under any environmental schemes, and the sellers will retain 30% of any uplift in value if planning permission is obtained for a development or change of use. Viewings can be arranged by contacting the selling agent, and health and safety must be observed during inspections.