Land for sale

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Land for sale

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 plot of amenity grassland is situated on the southeastern edge of Barnard Castle, a historic market town in County Durham. The land is mainly bounded by hedgerows and trees, with open countryside to the south and the River Tees in the distance. The property has excellent road access and is well-suited for amenity and equestrian use. The land is classified as Grade 3 and has well-drained soils, making it suitable for a variety of uses. The property offers significant opportunities for enhancement, including biodiversity and environmental projects, and is sold with vacant possession. The freehold is being offered for sale by private treaty, with the vendor retaining a 50% overage clause on any uplift in value resulting from non-agricultural or equestrian uses.