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Land at Double Gates Farm, Upton... Land for sale
Land at Double Gates Farm, Upton Snodsbury, WR7
£1,000,000
Land at Double Gates Farm, Upton Snodsbury, WR7
£1,000,000
Our Summary
- Rare opportunity to acquire valuable parcel of land with agricultural buildings and residential development potentialSituation: The land fronts the northern side of the A422 close to the village centre of Upton Snodsbury which is a village located five miles east of Worcester on the A422 (Stratford Road) and is described as the Jewel of Worcestershire
- Overage/Uplift Provision: The sale is subject to an uplift/overage provision
- The basis of which is an overage/uplift payment will apply should planning consent or permiitted development for a change of use be secured on the land /buildings
- The payment being calculated on the basis of 40% of the uplift in value between the purchase price or Market Value for the existing use (whichever is the higher) and the Market Value of the property with the benefit of the planning consent/permitted development acheived
- This will aply incrementally to successive planning consents/permitted developmentTimber, Sporting & Mineral Rights: So far as they are owned, these are included in the saleFencing: The purchaser will be responsible for the fencing of the boundary marked A-B and C-D (1
Description
This rare opportunity presents a valuable parcel of land with agricultural buildings and residential development potential, situated in the village of Upton Snodsbury, just five miles east of Worcester. The 6.3-acre site fronts the A422 and features a range of modern farm buildings, with three remaining and others cleared by the current owners. The land is currently used for pasture and is ring-fenced, with access via an unmade track. The property has a long frontage to the main road, with residential development to the west and the village centre opposite. The sale is subject to an uplift/overage provision, where a payment will be made if planning consent or permitted development is secured for a change of use. The property includes timber, sporting, and mineral rights, and the purchaser will be responsible for fencing the boundary. This unique opportunity offers potential for development and growth in a picturesque Worcestershire village.