Farm land for sale

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Farm land for sale

Bourne Road, West Pinchbeck; PE10 0BD
£147,000

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 a unique opportunity to acquire a large tract of land, comprising two lots, totaling 30.94 acres. The land has been permanent grass for many years and features a river frontage, ponds, and mature hardwood trees. The property offers a secluded and peaceful environment, with a mix of open grassland and wooded areas. The land is partially fenced and has a long road frontage along the A151, providing easy access. The property has a rich history, with a public right of way along the River Glen bank and fishing rights owned by the Spalding Fishing Club. The soil is suitable for grazing and other environmentally friendly uses, subject to necessary planning consent. The property is being sold with vacant possession and freehold tenure, with the benefit of drainage rates payable to the Black Sluice IDB. There is also an uplift clause in place, which could result in a payment of 30% of any increase in value due to non-agricultural or non-equestrian use of the land. The property is being sold by separate lots, with Lot 1 available for £85,000 and Lot 2 available for £62,000.