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Land At Newgate, Barnard Castle... Land for sale
Land At Newgate, Barnard Castle, Durham, County Durham, DL12
£80,000
Land At Newgate, Barnard Castle, Durham, County Durham, DL12
£80,000
Our Summary
- The land has potential for further enhancement with significant amenity, biodiversity and environmental opportunities
- Overage - The land is sold subject to an overage clause whereby 50% of any uplift in value attributable to the planning permission for uses other than agriculture and equestrian will be payable to the Vendor, the clause is to run for a period 30 years
Description
This 2.68-acre property is situated on the southeastern fringe of Barnard Castle, offering a mix of amenity grassland and open countryside views. The land is mainly bound by hedgerows and trees, with excellent road access and a well-maintained private track. The soil is classified as Grade 3, a well-drained coarse loamy and sandy soil, making it suitable for equestrian and amenity use. The property has potential for further enhancement, with opportunities for biodiversity and environmental projects. The freehold is offered for sale with vacant possession, subject to an overage clause that requires 50% of any uplift in value due to non-agricultural uses to be paid to the vendor. The property is ideal for those seeking a peaceful rural setting with easy access to the historic market town of Barnard Castle.