Land for sale
Key information
Property description & features
- Block of arable land
- Two direct road accesses
- Extending to 6.80 acres
- Cropped to maize
- Close to Newport and Cowes
The land currently forms part of a wider holding (to the West) and has been cropped to maize. The land is bordered by mature hedgerows and trees along the boundaries that abut the highway. According to the Provisional Agricultural Land Classification the land is Grade 3. The soil type is slowly permeable seasonally wet slightly acid but base‐rich loamy and clayey soils. In all, 6.80 acres (2.75ha).
GENERAL REMARKS AND STIPULATIONS
METHOD OF SALE The property is offered for sale as a whole. By private treaty.
ACCESS The property benefits from two public highway accesses, from the public highway, Whitehouse Road and Colemans Lane both via 5 bar metal gates.
SERVICES The property benefits from a livestock water connection.
WAYLEAVES, EASEMENTS & RIGHTS OF WAY The property is being sold subject to and with the benefit of all rights including; rights of way, whether public or private, light, support, drainage, water and electricity supplies and other rights and obligations, easement and quasi‐easements and restrictive covenants and all existing and proposed wayleaves for masts, pylons, stays, cables, drainage, water and gas and other pipes whether referred to in these particulars or not. There are no rights of way crossing the land.
TENURE AND POSSESSION The land is being sold freehold. The land is currently let informally to a farmer who farms the land to the west of the property.
OVERAGE An overage provision is to be applied by the current vendors at a rate of 30% of the uplift in value above purchase value over a 30‐year term triggered by a change of use planning permission, full planning approval or permitted development, excluding agricultural use.
NATURAL CAPITAL OVERAGE The land is sold subject to an overage clause entitling the vendor to 30% of the value of any nutrient (nitrate, phosphate or other) or biodiversity offsetting credits sold from the land by the purchaser, or their successors in title, for a 30 year period after completion of the sale.
BASIC PAYMENT ENTITLEMENTS The vendor will claim the 2023 Basic Payment monies.
PLANS, AREAS AND SCHEDULES These are based on the Ordnance Survey and are for reference only. They have been checked and computed by BCM and the Purchaser(s) shall be deemed to have satisfied themselves as to the description of the property. Any error or mis‐statement shall not annul a sale or entitle any party to compensation in respect thereof.
VIEWINGS Strictly by appointment with BCM only.
FIXTURES AND FITTNGS BCM will supply a list on request identifying clearly which items are included within the sale, which are excluded and which may be available by separate negotiation.
COUNCIL TAX/BUSINESS RATES/EPC N/A
LOCAL AUTHORITY Isle of Wight Council,[use Contact Agent Button] iwight.com
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