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Farm land for sale
Land off Sowgate Lane, Pontefract
£260,000
Land off Sowgate Lane, Pontefract
£260,000
Our Summary
- Description The land comprises a reasonable shaped block of arable land strategically situated to offer potential for future alternative uses, subject to obtaining the necessary planning consents
- The land may be deemed a suitable infill block for future development, subject to being able to obtain the necessary planning consent
- This is for 12% of any uplift in value
- This will be implemented on the grant of planning permission, or the disposal of the land with the benefit of the permission, whichever is the sooner
- The overage will also be for 12% in any uplift in value from the existing use value
- Strategically situated to offer potential for future alternative uses, subject to obtaining the necessary planning consents
Description
The property is a block of arable land located in Pontefract, West Yorkshire, accessible from Sowgate Lane. The land is classified as Grade 2 soil and is suitable for cereals, sugar beet, and potatoes. It is registered on the Rural Payments Agency Rural Land Register and has been used to activate entitlements under the former Basic Payment Scheme. The land is being sold freehold with vacant possession, and there are no known outgoings. The site is currently designated as Green Belt, but nearby residential development suggests it may be suitable for future development, subject to planning consent. The vendors are adding a development clause/overage provision, which will be implemented on the grant of planning permission or the disposal of the land with the benefit of the permission.