Land for sale

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Land for sale

Manea Road, Wimblington, March
£900,000

Our Summary

  • OVERAGEThe land is sold subject to an Overage Clause retaining 35% of any increased value due to the granting of Planning Permission, for residential or commercial use, for a period of 30 years from the date of Completion

Description

Latches Fen Farm is a compact block of arable land located in Wimblington, March, Cambridgeshire, consisting of three adjoining fields with a total area of 71.98 acres (29.12 hectares). The land is registered under Title Number CB459019 and has a mains water supply with a meter in the north east corner. The land has been underdrained, and plans are available. The property is classified as Grade 2 and 3 on the Agricultural Land Classification map of England and Wales, with a mix of peat and coarse loam soil suitable for a range of cropping. The owners have practiced traditional farming methods using a long rotation period, and the land has had 0.5 hectare AC58 (mixed arable crop) at the southern end. Vacant possession will be given upon completion of the purchase. The property is subject to drainage rates payable to the Middle Level Commissioners and Curf and Wimblington Combined Internal Drainage Board, and the vendor has a water abstraction licence and irrigation system. The land is sold subject to an Overage Clause retaining 35% of any increased value due to the granting of Planning Permission for residential or commercial use. The property is offered subject to all existing rights, including rights of way, and there are telegraph poles along the northern boundary.
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