Land for sale

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Land for sale

Norton Fitzwarren, Taunton, TA2
£300,000

Our Summary

  • A block of highly productive arable land with possible long term development potential situated next to the West Somerset Steam Railway
  • OVERAGE CLAUSEIt 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
  • Possible long term development potential

Description

This block of 19.60 acres of arable land in Norton Fitzwarren, Somerset, offers a rare opportunity for development and conservation. The land is situated next to the West Somerset Steam Railway and has road access to the B3227. The property features three enclosures of level arable land, a small copse, and the Halse water, which forms the eastern boundary and provides a haven for wildlife. The land is classified as Grade 1 and has the potential to grow cereals and vegetables. There are no mains services currently connected, but the property has a natural stream watering from the Halse water. The property is being sold by informal tender, with the vendors intending to impose an overage clause on both lots. The successful bidder will be subject to contract and the vendors are not obliged to accept the highest or any other tender.