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£60,000Offers over

Land for sale

Land At Northampton Road, Forfar, DD8

Under offer
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0 bedroom
0 bathroom

Property features

  • A compact block of Grade 3:2 permanent grassland with road access
  • Consent for erection of 300sq.m agricultural shed
  • Conveniently located close to the A90 and Forfar

Property description

A compact block of 8.9 acres of Grade 3:2 permanent grassland with road access and Planning Consent for erection of 300 sq.m agricultural shed

The land at Northampton Road offers the opportunity to purchase a compact block of permanent grassland extending to approximately 3.60 hectares (8.90 acres). The land is classified as Grade 3:2, and may be suitable for arable cultivations, dependent on access being possible.

The land is currently in permanent grassland.

The soils are of the Balrownie Series, being humus-iron podzols, providing freely draining soils

The land lies approximately 120 - 160 metres above sea level.

Basic Payment Scheme (BPS)
The land is registered for BPS payments and is classified as Region 1. There are no entitlements available as part of the sale. If applicable, at the point of sale, the purchaser will be responsible to comply with the Statutory Management Requirements to maintain the farmland in Good Agricultural and Environmental Condition (GAEC) as outlined under the Cross Compliance rules of the BPS for the remainder of the scheme year.

Environmental Designations
The land at Northampton Road lies within the Strathmore & Fife Nitrate Vulnerable Zone.

The sporting rights are included in the sale.

In so far as it is owned by the seller, all fallen and standing timber is included in the sale.

The mineral rights are included in the sale.

Ingoing Valuation
There will be no ingoing valuation. The land will be left in stubble for the incoming occupier.

Prior Approval was granted in July 2016 for a 300sq.m agricultural shed to be erected on the north of the land. The approval expires in July 2021. (Appeal 16/00010/REFUSE. Original application 15/00913/PRIORN).

The land is currently within the Balmashanner landscape feature and development is not currently permitted within the area to protect the open character and landscape value of Balmashanner Hill. In the event of the purchaser gaining residential/commercial planning consent, the seller reserves the right to claim back 25% of the development value for a period of 20 years.

Servitude rights, burdens and wayleaves
The property is sold subject to and with the benefit of all servitude rights, burdens, reservations and wayleaves, including rights of access and rights of way whether public or private. The subjects are sold under the conditions in the Title Deeds. They will be sold as possessed by the Seller and no warranty will be given.

Strictly by prior appointment and only through the Bell Ingram Forfar office.

Health and Safety
The land forms part of an agricultural holding and necessary care should be taken during inspections.

Entry to be by agreement.

Offers & Closing Date
Offers must be submitted in Scottish legal terms to the Selling Agents. A closing date for offers may be fixed and prospective purchasers are advised to register their interest with the Selling Agents following inspection. Under the 5th Directive of the Money Laundering Regulations, effective from 10th January 2020, we are required to carry out anti-money laundering due diligence on the successful purchaser to allow completion of the sale.

Whilst every effort will be made to ensure that parties having registered their interest will be notified of a closing date this cannot be guaranteed. It should be noted that the vendor reserves the right to accept offers prior to a closing date being set. In addition, the seller reserves the right to not accept the highest or indeed any offer.

Sellers Solicitor
Blackadders LLP
30 & 34 Reform Street

Purchase Price
Within 7 days of the conclusion of the missives a non-returnable deposit of 10% of the purchase price shall be paid. The balance of the purchase price will fall due for payment at the date of entry (whether entry is taken or not) with interest accruing thereon at a rate of 5% above Bank of Scotland base rate. No consignation shall be effectual in avoiding such interest.

In the event that the seller has elected to tax, VAT may be payable on the purchase price.

Mortgage Finance
Bell Ingram are approved agents for the Agricultural Mortgage Corporation (AMC) who provide loan funding for farms and rural businesses at competitive rates. We can provide assistance in securing finance for various purposes including purchase of land and property, restructuring existing debt, working capital, funds for diversification projects or farm building improvements. If you would like to find out more or discuss your proposals in confidence please call Sarah Tyson on[use Contact Agent Button] or [use Contact Agent Button]

Property information from this agent

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