Drayton Lane, Drayton, Langport, TA10 Farm land for sale

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Drayton Lane, Drayton, Langport, TA10 Farm land for sale

Drayton Lane, Drayton, Langport , TA10
£40,000

Our Summary

  • Full details will be contained within the auction Legal Pack
  • Uplift / overage clause
  • Term of overage: 10 years at 10% uplift, triggered on the granting of planning permission for residential or commercial use
  • Full details of the overage clause will be contained within the auction legal pack
  • Further details contained within the auction legal pack
  • Auction Guide Price: £40,000 to £60,000
  • For sale by auction

Description

This attractive parcel of land, located on the edge of the village of Drayton, extends to approximately 2.34 acres and features a timber clad field shelter. The land is level and bounded by natural hedgerows, with direct access from the Council-maintained highway. The site includes the underground remains of a Minor Romano British villa, which is designated as a Scheduled Monument by Historic England. The land is not situated within a Nitrate Vulnerable Zone, AONB, or SSSI, and is not subject to any environmental or countryside stewardship schemes. However, it is sold subject to a restrictive covenant for agricultural or equestrian use only, and an overage clause triggered by planning permission for residential or commercial use. The land also features a single public footpath and a 15' wide right of way access.