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Land for sale
Lot 3 Land At Lugg Bridge, Hereford HR1
£150,000
Lot 3 Land At Lugg Bridge, Hereford HR1
£150,000
Our Summary
- This productive Riverside Pasture Land with Potential for Bio Diversity Gain is in Three adjoining Lots that can be bought as a whole or in three individual Lots
- The land may be of interest to conservationists and those seeking to acquire the potential for establishing bio diversity net gain (bng) units
- There appears to be the potential for creating around 70 bng units for the land as a whole for enhancing the pasture but buyers should make their own assessments should bng units be a consideration in their purchase
- On Lot 1 provision will be made for Uplift Overage at 40% of the increase in value for a period of fifty years from the date of acquisition
- Riverside Pasture Land with Potential for Bio Diversity Gain
Description
This productive pasture land in Riverside, Herefordshire, is comprised of three adjoining lots, each with its own unique features. Lot 1 is a 4.82-acre field with road frontage onto both Sutton Road and Worcester Road, while Lot 2 is a 5-acre field with access onto Worcester Road. Lot 3 is a 23-acre field with a long frontage along the River Lugg, a Site of Special Scientific Interest, and features a registered Common with allocated third-party rights to graze. The land has potential for bio-diversity gain, with an initial scoping report suggesting the creation of around 70 bio-diversity units. The property is freehold with vacant possession on completion and is being sold by private treaty as a whole or in three lots, with guide prices of £60,000 for Lot 1, £50,000 for Lot 2, and £150,000 for Lot 3.