Lot 2 Land At Bowden, Bowden... Land for sale

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Lot 2 Land At Bowden, Bowden... Land for sale

Lot 2 Land At Bowden, Bowden, Melrose, Scottish Borders, TD6
£150,000

Our Summary

  • The land lies south of the village of Bowden and may present longer term development opportunities subject to obtaining necessary consents and holds a strategic position in terms of the future expansion of the village
  • CLAWBACKThe missives of sale will be subject to the Purchaser(s) granting a Clawback Agreement in favour of the Sellers to clawback 30% of the uplift in value, in the event of planning permission being granted for development for any purpose other than agricultural, over any part of the subjects, being obtained subsequent from the date of entry for a period of 30 years, which said obligations shall be secured via a Standard Security
  • Land with longer term development potential (subject to obtaining necessary consents)
  • Potential to expand environmental interests through Natural Capital schemes

Description

Land at Bowden is a rural property situated in a scenic location in the Scottish Borders, approximately 1.5 miles west of Newtown St Boswells and 4 miles south of Melrose. The land is surrounded by picturesque countryside and offers a range of rural pursuits, including hill walking, mountain biking, and horse riding. The property comprises a productive block of grazing ground extending to approximately 10.24 hectares, divided into two separate fields, and is classified as Grade 3.2 by the James Hutton Institute. The land has been traditionally used for mixed farming, combining fertile land for crop production and extensive areas of pasture and grazing land for livestock. The property is being sold as a whole or in two lots, with Lot 2 extending to approximately 4.92 hectares. The sale is subject to various conditions, including a clawback agreement to secure a percentage of the uplift in value in the event of planning permission being granted for development purposes. The property also includes mineral rights, timber, sporting rights, and fixtures and fittings.