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Our Summary
- The land may have some strategic development potential subject to obtaining the necessary planning consents
- OverageSections of the land will be sold subject to an uplift provision which will specify that 30% of any increase in value due to development (as defined in Section 55 of the Town and Country Planning Act 1990) will be payable to the Vendor should such development occur within 30 years from the date of completion
- The uplift will be payable upon the grant of planning consent
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Description
The property consists of approximately 14 acres of land, classified as a mixture of Grade 1 and 2, freely draining soil suitable for combinable crops, root crops, and pasture. The land has previously been used for arable crops such as wheat, oilseed, and barley, as well as root crops and vegetables like onions. The property lies near the village of Willington, around 4 miles from Bedford, with access to the A603 and the wider highway network.
The land may have some strategic development potential, subject to obtaining necessary planning consents.