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Land for sale
Land at Bowden, Bowden, Melrose, Scottish Borders, TD6
£850,000
Land at Bowden, Bowden, Melrose, Scottish Borders, TD6
£850,000
Our Summary
- The land surrounds 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
Description
The property, Land at Bowden, is a productive block of arable and grazing ground situated in a rural yet accessible location in the Scottish Borders. The land, extending to approximately 28.22 Ha (69.73 Acres), is divided into four separate fields and has been classified as Grade 3.2 by the James Hutton Institute. The land surrounds the village of Bowden and may present longer term development opportunities subject to obtaining necessary consents. The property is surrounded by the popular small settlement of Bowden, approximately 1.5 miles west of Newtown St Boswells and approximately 4 miles south of Melrose, with easy access to the A7 and A68 roads. The area is renowned for its mixed farming units, combining fertile land and extensive areas of pasture and grazing land, well suited to the rearing of livestock. The property is being offered for sale as a whole or in four separate lots, each with its own unique characteristics and access points.