Land at Bottom Lane

Bottom Lane, Market Drayton, Shropshire, TF9 1LS

Guide Price

£195,000

  • Status: FOR SALE SOLD UNDER OFFER
  • First Marketed: Apr 2023
  • Removed: Date Not Available
  • 12.19 acres

Residential Tags: N/A

Property Tags: Restrictive Covenant

Land Tags: Overage / Clawback, Pasture Land, Permanent Pasture

Summary Details

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  • First Marketed: Apr 2023
  • Removed: Date Not Available
  • Residential Tags: N/A
  • Property Tags: Restrictive Covenant
  • Land Tags: Overage / Clawback, Pasture Land, Permanent Pasture
This is a rare opportunity to purchase accommodation land within close proximity of Market Drayton town centre. The land is in permanent pasture and is ideal for the grazing of horses or stock. The land sits in a stunning location on the banks of the River Tern and is sold with the benefit of riparian rights which, primarily, allow fishing on the River, with direct access from Bottom Lane.



12.19 Acres (4.93 Ha). The land is sub-divided into a number of parcels and is fenced with a combination of post and wire and post and hedge. There are several timber mobile field shelters on the land at different points allowing the land to be used in rotation.

The land is offered for sale as a whole.





Services

Mains water is connected to the majority of the individual field parcels. No other mains services are connected to the land however they are believed to be available in the area. Connection to these services would be at the cost of the buyer.







Development Clawback

The land is subject to a development clawback. In the event that residential planning permission is granted within the next 25 years the sellers or their heirs will be entitled to 25% of the increase in value.



Restrictive Covenant

The eastern most fields are subject to a restrictive covenant not to allow or permit them to be used for any purpose other than for agricultural purposes or horse grazing and to ensure that any buildings erected on the property are only used for the same purpose.



Method of Sale

For Sale by Private Treaty as a whole.

Marketed by: Barbers, Market Drayton

Land Registry Data

  • No historical data found.
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