Land for sale
Corbridge, Northumberland, NE45 5RP
Guide Price
£300,000
Residential Tags: N/A
Property Tags: Equestrian
Land Tags: Overage / Clawback, Pasture Land, Woodland
Summary Details
- First Marketed: Jun 2021
- Removed: Date Not Available
- Residential Tags: N/A
- Property Tags: Equestrian
- Land Tags: Overage / Clawback, Pasture Land, Woodland
*CLOSING DATE FOR BEST AND FINAL OFFERS - 12:00 on Wednesday 16th June 2021*
LOCATION
The land is situated south of the A695 between Corbridge and Riding Mill. Access can be taken directly off the A695 or from the adjacent unclassified road. The location is shown with a red circle on the Location Plan.
DESCRIPTION
An excellent opportunity to purchase a block of land extending in total to 10.16 ha (25.11acres) with roadside frontage and mains water supply.
The land comprises 7.80 ha (19.28 acres) of productive grassland which split into two parcels, the woodland extends to 2.36 ha (5.83 acres) and is split into three parcels, two parcels of semi mature woodland and one parcel of woodland which was clear felled and replanted in 2012.
ACCESS
Vehicular access can be taken from the public highway in two points, one directly from the A695 on the northern boundary and the other on the western boundary.
BASIC PAYMENT SCHEME
The land has been registered for Basic Payment Scheme purposes and is classified as being Non-SDA. The vendor has submitted a 2021 BPS claim and for the avoidance of doubt will be retaining the payment in full. A total of 7.81 Non-SDA entitlements are included in the sale and will be transferred to the successful purchaser on completion. YoungsRPS will undertake the transfer for £300 plus VAT which will be met by the purchaser.
ENVIRONMENTAL SCHEMES
The land is not included in any environmental schemes at present.
TENURE
The land is available freehold, with vacant possession available on completion.
EASEMENTS & WAYLEAVES
The land is sold subject to and with the benefit of all rights of way, drainage, water courses, light and other easements, quasi or reputed easements and rights of adjoining owners (if any) affecting the same and all matters registerable by any competent authority pursuant to statute.
BOUNDARY LIABILITIES
Boundary liabilities, to the best of the vendor’s knowledge, are shown by means of inward facing T-marks on the Sale Plan.
MINERAL RIGHTS
We understand the mineral rights are reserved to a third party and are therefore not included in the sale.
CLAWBACK
The sale is subject to a clawback in favour of the vendor (and successors in title) in respect of any non agricultural development, excepting equestrian or forestry development, whereby 50% of the uplift in value as a result of the grant of planning permission for alternative uses is to be paid to the current vendors within a period of 25 years from the date of completion
COSTS
Each party is to bear their own costs.
LEGAL FORMALITIES
Exchange of contracts will take place as soon as possible, but in any event no later than the expiry of 8 weeks from instructing solicitors, with completion 7 days thereafter.
MONEY LAUNDERING REGULATIONS
The purchaser will be required to provide proof of identification to comply with Money Laundering Regulations in the form of a copy of the Purchasers’ passport, together with a copy of the Purchasers’ driving licence or a recent utility bill as proof of residence.
ACREAGES
The gross acreages have been assessed in accordance with Ordnance Survey data, interested parties should satisfy themselves in this regard.
VIEWINGS
Viewing is strictly by appointment. Arrangements can be made by contacting YoungsRPS, Hexham,[use Contact Agent Button].
LOCAL AUTHORITY
Northumberland County Council
Particulars prepared: May 2021
Photographs taken: May 2021
Marketed by: Youngs RPS, Hexham
LOCATION
The land is situated south of the A695 between Corbridge and Riding Mill. Access can be taken directly off the A695 or from the adjacent unclassified road. The location is shown with a red circle on the Location Plan.
DESCRIPTION
An excellent opportunity to purchase a block of land extending in total to 10.16 ha (25.11acres) with roadside frontage and mains water supply.
The land comprises 7.80 ha (19.28 acres) of productive grassland which split into two parcels, the woodland extends to 2.36 ha (5.83 acres) and is split into three parcels, two parcels of semi mature woodland and one parcel of woodland which was clear felled and replanted in 2012.
ACCESS
Vehicular access can be taken from the public highway in two points, one directly from the A695 on the northern boundary and the other on the western boundary.
BASIC PAYMENT SCHEME
The land has been registered for Basic Payment Scheme purposes and is classified as being Non-SDA. The vendor has submitted a 2021 BPS claim and for the avoidance of doubt will be retaining the payment in full. A total of 7.81 Non-SDA entitlements are included in the sale and will be transferred to the successful purchaser on completion. YoungsRPS will undertake the transfer for £300 plus VAT which will be met by the purchaser.
ENVIRONMENTAL SCHEMES
The land is not included in any environmental schemes at present.
TENURE
The land is available freehold, with vacant possession available on completion.
EASEMENTS & WAYLEAVES
The land is sold subject to and with the benefit of all rights of way, drainage, water courses, light and other easements, quasi or reputed easements and rights of adjoining owners (if any) affecting the same and all matters registerable by any competent authority pursuant to statute.
BOUNDARY LIABILITIES
Boundary liabilities, to the best of the vendor’s knowledge, are shown by means of inward facing T-marks on the Sale Plan.
MINERAL RIGHTS
We understand the mineral rights are reserved to a third party and are therefore not included in the sale.
CLAWBACK
The sale is subject to a clawback in favour of the vendor (and successors in title) in respect of any non agricultural development, excepting equestrian or forestry development, whereby 50% of the uplift in value as a result of the grant of planning permission for alternative uses is to be paid to the current vendors within a period of 25 years from the date of completion
COSTS
Each party is to bear their own costs.
LEGAL FORMALITIES
Exchange of contracts will take place as soon as possible, but in any event no later than the expiry of 8 weeks from instructing solicitors, with completion 7 days thereafter.
MONEY LAUNDERING REGULATIONS
The purchaser will be required to provide proof of identification to comply with Money Laundering Regulations in the form of a copy of the Purchasers’ passport, together with a copy of the Purchasers’ driving licence or a recent utility bill as proof of residence.
ACREAGES
The gross acreages have been assessed in accordance with Ordnance Survey data, interested parties should satisfy themselves in this regard.
VIEWINGS
Viewing is strictly by appointment. Arrangements can be made by contacting YoungsRPS, Hexham,[use Contact Agent Button].
LOCAL AUTHORITY
Northumberland County Council
Particulars prepared: May 2021
Photographs taken: May 2021
Marketed by: Youngs RPS, Hexham
Land Registry Data
- No historical data found.