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Commercial Property

Loggerhead Lane, Hanbury, B60

For Sale - £45,000

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A 3.14 acre (approximately) lot of parcel of pasture land located off Loggerhead Lane, Hanbury. The field has been marketed as the whole 6.28 field but the vendor has agreed to split the field down the middle to create two lots and the Western (left hand) lot is under offer leaving this 3.14 (approximately) lot to the Eastern (right hand) side looking from the road. The lot will be enclosed on three sides with mature hedges and a timber post and rail fence will be installed down the centre to create the two separate lots. There will be two access gates, one to either Lot installed or the existing right hand access gate in the corner at the front of the field will be blocked off. The land is being sold with full vacant possession.

It is believed there is overage/uplift clause in respect to the land for a period of 50 years from May 2015 for any future development that has the meaning given to it by Section 55 of the Town & Country Planning Act 1990. The uplift being 50% of the development value, being the difference between the enhanced value and the current use value, of any relevant land but does not include the use as any pony paddocks, stables, any equestrian use or any agricultural use, including the erection and construction of any farm buildings or agricultural buildings (any interested buyers are advised to seek independent legal advice on this point, the selling agents cannot give legal advice).

A copy of the Land Registry title and plan is available from the agents office upon request. The land is being sold with the benefit of a planning consent from Wychavon District Council dated 6th May 2016 for the creation of a new field gateway, closure of existing gateway with reinstatement of hedgerow and installation of pedestrian gate for users of footpath. A copy of the planning consent and associated plans is available from the agent's office upon request.

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.