Land for sale
Banesley Lane, Gateshead, Tyne & Wear, NE11 0HT
Guide Price
£425,000
Residential Tags: N/A
Property Tags: Development Potential, Equestrian
Land Tags: Arable Land, Overage / Clawback
Summary Details
- First Marketed: May 2021
- Removed: Aug 2021
- Residential Tags: N/A
- Property Tags: Development Potential, Equestrian
- Land Tags: Arable Land, Overage / Clawback
42.67 acres (17.27 hectares) of quality arable land in three enclosures, with roadside access. For Sale as a Whole.
The land extends to approximately 42.67 acres (17.27 hectares) of productive arable land held as three en-closures to the north of Banesley Lane, as shown out-lined red on the detailed plan included within these particulars. The boundaries are mainly hedgerows with some post and rail fencing.
Access
Access can be taken directly from the Public Highway known as Banesley Lane, from three points, with each field having its own entrance. Once on the land, ac-cess can also be taken from field to field.
Tenure
The land is for sale freehold, with vacant possession to be granted upon completion. It is expected that the Buyer will take entry after the current growing crop has been harvested in Autumn 2021.
Sporting & Mineral Rights
The sporting rights are included in the sale. It is understood that the mineral rights are reserved to a third party.
Method of Sale
The property is offered for sale as a whole, by informal tender. Tender forms are available from the Selling Agents. The Seller reserves the right to amal-gamate, withdraw or exclude any of the property shown at any time or to generally amend the particu-lars. Please register your interest with H&H Land & Estates and you will receive a Tender form.
Burdens
The property is sold subject to all rights including rights of way, whether public or private, rights of light, support, drainage, water and electricity supplies and other rights, obligations and easements, quasi easements and restrictive covenants and all existing and proposed wayleaves for masts, pylons, stays, cables, drains and water, gas and other pipes, whether or not constituted in the title deeds or referred to in these particulars. The Buyers will be held to have satisfied themselves as to the nature of such burdens.
Basic Payment Scheme & Stewardship
The relevant BPS entitlements are not included within the sale of the land but may be available to purchase through separate negotiation. The Seller will claim the Basic Payment Scheme 2021. There is no Countryside Stewardship Agreement over the land.
Conditions of Sale
The land is sold subject to a development clawback of 50% of any uplift in value as a result of any planning consent for a period of 30 years from the date of com-pletion. Agricultural, equestrian, horticulture and for-estry uses should not attract any clawback.
Marketed by: HHLE, Durham
Land Registry Data
- No historical data found.