An Investment Opportunity
Approximately 19.62 acres (7.92 hectares) of arable land that is subject to an Agricultural Holdings Act 1986 tenancy
The land lies off High Lane to the north of the village of Ridgeway, and with access directly on to the B6388.
The property consists of approximately 19.62 acres (7.92ha.) of agricultural land that is currently utilised for arable purposes. The land is subject to occupation under The Agricultural Holdings Act 1986, further details are provided below.
Tenure and Possession
The land is offered freehold but subject to a tenancy governed by The Agricultural Holdings Act 1986 legislation. The tenant is ‘Harold Savage (Farmers and Butchers) Limited’. The current rent is £630 per annum, paid twice yearly in arrears.
Rights of Way, Wayleaves and Easements
A public footpath crosses the land together with overhead electric wires. The land is sold subject to any rights of way, wayleaves and easements whether stated in these particulars or not.
Timber, Mineral and Sporting Rights
These rights are included within the sale insofar as they are owned.
Development Uplift Clause
There will be a development uplift clause at a rate of 50% for a period of 50 years. Further details will be included in the contract of sale.
Viewing can be undertaken via the public footpath at any reasonable time in daylight hours.
Method of Sale
The property is offered by private treaty.
Bagshaws LLP have made every reasonable effort to ensure these details offer an accurate and fair description of the property but give notice that all measurements, distances and areas referred to are approximate and based on information available at the time of printing. These details are for guidance only and do not constitute part of the contract for sale. Bagshaws LLP and their employees are not authorised to give any warranties or representations in relation to the sale.
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