Land for sale

Warsop Vale, Mansfield, Nottinghamshire, NG20 8XB

Guide Price

POA

  • Status: FOR SALE SOLD UNDER OFFER
  • First Marketed: Sep 2020
  • Removed: Date Not Available
  • 13.39 acres

Residential Tags: N/A

Property Tags: Equestrian, Restrictive Covenant

Land Tags: Farm Business Tenancy, Overage / Clawback, Pasture Land

Summary Details

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  • First Marketed: Sep 2020
  • Removed: Date Not Available
  • Residential Tags: N/A
  • Property Tags: Equestrian, Restrictive Covenant
  • Land Tags: Farm Business Tenancy, Overage / Clawback, Pasture Land
Full description

Approximately 13.39 acres (5.42 hectares) or thereabouts of pasture land For Sale by Private Treaty as a whole.

GENERAL

13.39 acres (5.42 hectares) or thereabouts of productive grazing land which would lend itself to a variety of uses, including equestrian use.

LOCATION

The land sits approximately 1 mile east of Shirebrook in north-east Derbyshire. The land is well positioned and benefits from good travel links with access to the M1 motorway approximately 7 miles away.

DESCRIPTION

The land extends to approximately 13.39 acres (5.42 hectares) of productive pasture/grazing land and is shown coloured red on the attached plan.

The land is classified as part Grade 2 and part Grade 3 on the Agricultural Land Classification (Provisional Edition) Map.

The land is accessed directly from Longster Lane by a field gate.

SERVICES

As far as we are aware, the land does not benefit from any services.

TENURE

Freehold with vacant possession is available following expiration of the current Farm Business Tenancy which is due to expire on 31 March 2021. The relevant Notice to Quit has been served to bring this agreement to an end.

Further details on this can be obtained from the selling agent.

DESIGNATIONS

The land is not subject to any Environmental Stewardship schemes at present.

BOUNDARIES

The land benefits from a combination of hedge and fence boundaries for the most part.

EASEMENTS AND RIGHTS OF WAY

The land is sold subject to all existing wayleaves, rights of way, easements and rights of drainage whether specifically referred to in these particulars or not.

It is understood that the land is not subject to any public or private Rights of Way but there is a pylon located in the field and overhead lines crossing the land.

BASIC PAYMENT SCHEME

There are no Basic Payment Scheme entitlements attached to the land.

MINERALS, TIMBER & SPORTING RIGHTS

Timber and sporting rights are included in the sale insofar as they are owned by the Vendor. Mines and mineral rights are expressly excluded from the sale.

RESTRICTIVE COVENANT/OVERAGE

The land will be sold subject to an Overage Agreement. The proposed overage will entitle the Vendor to 50% of any uplift in value resulting from any development of the land for a period of 50 years. The overage will exclude development for agricultural and equestrian use.

There is a Restrictive Covenant which was placed on the land by the previous owner The British Coal Corporation. The covenant stipulates that the owner will not erect, construct or place on the Property any new building, structure of works except those in accordance with plans and specifications previously approved in writing by the Corporation. The Corporation may only withhold such approval if the design, layout or method of construction of the new buildings or structures, or the materials used in the construction thereof do not conform to the reasonable requirements of the Corporation for minimising damage by subsidence.

Further details regarding the restriction and overage agreement can be obtained from the Selling Agent.

GUIDE PRICE

Price on Application – please contact the Selling Agent for details.

VIEWING

The land can be viewed during reasonable daylight hours by anyone in possession of a copy of these particulars.

VAT

All prices quoted are exclusive of, but may be subject to, Value Added Tax.

FURTHER INFORMATION

If you require any further information, please do not hesitate to contact Ashling on or ashling.

SITE PLAN

Not to scale. For identification purposes only.

Marketed by: Carter Jonas , Northampton

Land Registry Data

  • No historical data found.
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