Farm land for sale

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Farm land for sale

Farmland at Temple End & Mill Road, Foxearth, Essex, CO10
£200,000

Our Summary

  • OVERAGE An Overage will apply on the land-reserving to the seller 25% of any uplift in value as a result of residential development for a period of 25 years TENURE The land is currently let under a Farm Business Tenancy, with the Tenant having been served notice in 2024-vacant possession with effect from 28 September 2025
  • Potential for environmental management and Biodiversity Net Gain

Description

This Grade 2 land, situated in a rural area, offers 23.84 acres of arable land with permeable clay soils suitable for growing cereals and other crops. The land has been largely left fallow in recent years and is bordered by mature hedgerows, providing a habitat for wildlife. The property is registered with the Rural Payments Agency's Environmental Stewardship scheme, but there are currently no active schemes. Access is direct from Mill Road, and an overage clause will apply to any residential development, reserving 25% of the uplift in value to the seller. The land is currently let under a farm business tenancy, with the tenant vacating possession in 2025. The seller has not elected to register the property for VAT, and offers are invited in the region of £200,000 for the freehold interest in the whole.