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Farm land for sale
Bourne Road, West Pinchbeck; PE10 0BD
£62,000
Bourne Road, West Pinchbeck; PE10 0BD
£62,000
Our Summary
- The environment created within the area of land for sale provides an ideal opportunity for those seeking an environmentally friendly property which offers considerable scope for a wide variety of compatible uses from traditional livestock grazing to other environmentally friendly pursuits subject of course to any necessary regulatory or other planning consent being obtained
- UPLIFT/OVERAGE CLAUSEA previous Vendor reserved a right of overage/clawback/uplift payment of 30% of any increase in value that occurs as a consequence of planning consent being granted for a non-agricultural or non-equestrian use of any part of the land
- The commencement is 21st February 2022 and therefore the 30 year term for this uplift clause runs to 22nd February 2052
- A copy of the uplift clause provision is available and can be forwarded upon request from the Vendor´s Agents
Description
This property is being sold as a whole or in two separate lots. Lot 1 is currently under offer, while Lot 2 is available for £62,000. The land is situated along the River Glen and features a mix of mature hardwood trees, ponds, and a long river frontage. The property has a total length of 1.1 miles of road frontage along the A151 and is partially fenced for stock. The land is well-sheltered and has a rural setting, making it suitable for environmentally friendly pursuits such as traditional livestock grazing or other eco-friendly activities. The sale includes a single electricity pole and a public right of way along the River Glen bank. The land is currently down to permanent grass and has been used for agricultural purposes for many years. The sale includes a 30-year uplift clause, which means that the vendor will receive 30% of any increase in value resulting from planning consent for non-agricultural or non-equestrian use. The property is being sold with vacant possession and the benefit of freehold tenure.