>
Land At Ulgham Grange, Morepeth NE61 Farm land for sale
Land at Ulgham Grange, Morpeth, NE61 3AX
£525,000
Land at Ulgham Grange, Morpeth, NE61 3AX
£525,000
Our Summary
- CLAWBACK In the event that planning permission for any renewable energy development is granted on any part of the property, then the Vendor reserves the right to receive a clawback payment of 25% of the uplift in value, for a period of 25 years
Description
The Michie Group LLP is pleased to present a unique opportunity to acquire a 79.99-acre block of arable land in Ulgham, Northumberland. The land is well-suited for producing high-yielding combinable crops and benefits from being directly accessible from the public highway. Located approximately 6 miles north-east of Morpeth, the property is situated near the village of Ulgham and has easy access to the A1068 Coastal Route. The land is divided into four parcels, with approximately 64.93 acres of arable land and 15.06 acres of woodland, including a section of the River Lyne. The property is classified as Grade 3 on the Provisional Agricultural Land Classification Map and has been well-maintained as part of a wider arable rotation. The sale is subject to a holdover provision until October 2025, allowing the vendor to harvest the growing crop. The property will be free from environmental schemes upon completion, providing an opportunity for the new owner to enter into a subsidy scheme if desired.