Land for sale

An excellent block of meadow pasture which can be divided, useful pole barn and two separate accesses extending to about 8.01 acres (3.24 ha). For sale as a whole.

DESCRIPTION
The land lies on the north side of the popular village of Hamsterley, behind the Cross Keys pub with unencumbered access through the pub car park or via the green lane on the northern boundary. bishop Auckland is about 7 miles away and Durham about 15 miles.

The land is offered as a single lot but could be divided should there be significant interest in doing so. It is generally level or gently undulating and lies about 200m above sea level.

It is classified as Grade 3/4 and the soil type is slowly permeable, seasonally wet acid loamy clay soil capable of producing good quality grass. The field has access to water via a private branch pipe from a mains supply and is fenced for livestock.

OVERAGE
It is considered that there is potential for future development of this field due to its proximity to the existing village boundary. The land therefore will be sold with the benefit an overage in favour of the seller based on a share of the uplift in value from any change of use from agriculture. This overage agreement will be based on 35% of the uplift in value from the time it obtains planning consent which will last for a period of 25 years. Further details are available from the Selling Agents.

BASIC PAYMENT SCHEME
The land is registered on the Rural Land Register. The Entitlements are held by the grazing tenant and are not available as part of the sale.

METHOD OF SALE
The land is offered for sale by private treaty. All potential purchasers are advised to register their interest with the Selling Agents so that they can be advised as to how the sale will be concluded.

TENURE
The property is to be sold freehold with vacant possession on completion.

SPORTING AND MINERAL RIGHTS
The sporting rights are included in so far as they are owned. The mineral rights are reserved from the sale.

WAYLEAVES, EASEMENTS AND RIGHTS OF WAY
The property is sold subject to and with the benefit of all existing rights, including rights of way, whether public or private, light, drainage, water and electricity supplies and all other rights obligations, easements, quasi-easements and all wayleaves and covenants, whether disclosed or not. An electricity line crosses the field.

SERVICES
Mains water is available.

ACCESS
The property has good access from the public road through the Cross Keys car park and via the green lane and bridleway at the northern end of the field. This lane is about 150 yards long before joining the Hamsterley to Bedburn road.

BOUNDARIES
The Vendor will only sell such interests as they have in the boundary hedges and fences. All boundary fences will be the responsibility of the purchaser.

GUIDE PRICE
OFFERS OVER £120,000

DIRECTIONS
The easiest way to locate the field is to drive into the Cross Keys car park in the centre of the village. There is a double gate at the back of the car park which leads into the field. Postcode DL13 3PX.

VIEWING & HEALTH AND SAFETY
By appointment through the Selling Agents.

Please take care when viewing the property particularly as this is a working farm. For your own personal safety, you should remain as vigilant as possible particularly around machinery.