Butts Way, Milverton, Taunton... Land for sale

>

Butts Way, Milverton, Taunton... Land for sale

Butts Way, Milverton, Taunton, Somerset, TA4
POA

Our Summary

  • OVERAGE CLAUSE It is the vendors intention to impose an overage clause on both lots whereby should residential planning consent be granted within 21 years of completion the vendors or their successors in title will be entitled to 25% of any resulting uplift in value

Description

A 6.27-acre single enclosure on the edge of Milverton is being sold by informal tender as a whole or in two lots. The property offers far-reaching views and is enclosed within natural hedgerow boundaries with road frontage and access. The land is situated on the edge of Milverton and has a guide price of £75,000. The property benefits from mains water and has a public footpath traversing one of the lots. The sale is subject to various rights of way, easements, and wayleaves, as well as sporting rights and town and country planning considerations. The vendor intends to impose an overage clause, allowing agricultural and equestrian development, and restricting the construction of buildings that would be visible from a nearby dwelling house. The property is being sold with vacant possession upon completion, and tenders must be received by 12:00 noon on June 26th, 2025.