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Edge Bank, Wisbech PE14 Farm land for sale
Edge Bank, Wisbech PE14
£200,000
Edge Bank, Wisbech PE14
£200,000
Our Summary
- Overage - The land shown shaded in pink on the plan will be sold subject to an overage reserving 50% of any increase in value attributable to the grant of planning permission for a period of 25 years from the date of conveyance less the costs of obtaining the planning permission
- For the avoidance of doubt, any planning permission granted for an agricultural use excluding a dwelling would not trigger the overage
Description
A 10.04 hectare (24.81 acre) agricultural land is being sold by private treaty in Emneth, approximately 5 kilometers south east of Wisbech and 17 kilometers north west of Downham market. The land is classified as predominantly Grade 1, with a small area classified as Grade 2, and is suitable for growing a range of horticultural and arable crops. The soil is described as a deep stoneless calcareous coarse silty soil, and the land is situated between 0 and 5 meters above sea level, making it suitable for working with modern farm machinery. The land is currently cropped with onions and wheat, and the outgoing tenant will require a right of holdover until September 2025. The property is being sold subject to an overage, and is not registered for VAT. The land is subject to drainage rates and is available for inspection with a copy of the sales particulars.