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Farm land for sale
Bourne Road, West Pinchbeck; PE10 0BD
£147,000
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 large plot of land, available as a whole or in two separate lots, with a total area of 30.94 acres. The land has been permanent grass for many years and features a river bank, ponds, and mature hardwood trees. The property offers a unique opportunity for environmentally friendly pursuits, such as livestock grazing or other compatible uses, subject to necessary planning consent. The land is partially fenced and has a long road frontage along the A151, parallel to the River Glen. The soil is a deep stoneless clayey soil, and the land is currently down to permanent grass. The property is available with freehold tenure and vacant possession, with drainage rates payable to the Black Sluice IDB. There is a public right of way along the River Glen bank, and the Spalding Fishing Club has access points from Bourne Road to access their fishing rights. The property is being sold with a guide price of £85,000 for Lot 1 and £62,000 for Lot 2.