Farm land for sale

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Farm land for sale

Burr Lane, Spalding
£78,000

Our Summary

  • OVERAGE PROVISION:The land is being sold subject to an existing Overage Provision which states that 35% of any uplift in value above the existing use value, will be payable to previous owners of the land
  • The Overage trigger is the implementation of any Planning Permission for any purpose other than agriculture

Description

The property is a 2.89-hectare (7.14-acre) parcel of Grade II arable land located on the south side of Burr Lane in Spalding, Lincolnshire. The land is available for purchase freehold and offers vacant possession after the 2024 crop of maize has been harvested. The land is classified as deep stoneless clayey soils with calcareous deposits, capable of growing winter cereals, sugar beet, potatoes, and field vegetables. Access is via Burr Lane, and the land is subject to an existing overage provision requiring 35% of any increase in value to be paid to previous owners. There are no services connected to the land, and the tenure is freehold.
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