98a Towcester Street
Towester
Northamptonshire
NN12 6BT
Banbury Lane, Culworth, Banbury
Guide Price £100,000
Land
- Pastureland extending to approximately 2.66 acres
- Outskirts of village location
- Freehold with vacant possession upon completion
- Potential equestrian use subject to obtaining the necessary planning permission
An exciting opportunity to acquire a single parcel of permanent pasture complete with stables.
Location
The land is situated on the outskirts of the Oxfordshire village of Culworth and can be accessed directly from the public highway known as Banbury Road. The market town of Banbury is 8.5 miles southwest and Brackley is 11.5 miles south, offering a wide variety of everyday services, amenities, and employment opportunities.
The land benefits from excellent road links with the A361 and A422 providing access to the nearby motorway network of the M1 and M40, and A5 and A43 trunk roads. Banbury provides access to mainline railway services, providing access to London Marylebone and Birmingham New Street.
The location is shown on the plan.
Description
The land is a single enclosure of pastureland extending to 2.66 acres (1.07 hectares) or thereabouts, complete with a wooden stable block comprising two 12ft x 12ft stables, and a further timer structure which was former stables. There is a mains water connection to the property, with the land benefitting from well-defined stockproof post and wire fencing and hedgerow boundaries throughout, with a gated access set back from the road known as Banbury Road.
According to Natural England, the land is classified as Grade 3 on the Agricultural Land Classification maps, being slowly permeable, seasonally wet slightly acid but base-rich loamy and clayey soils with moderate fertility.
The land would be suited to equestrian or alternative use subject to obtaining the necessary planning consents.
Services
The vendor believes the land is connected to a mains water supply, with a water meter located to the rear of the property.
Purchasers should make their own enquiries regarding the location of the mains service supplies. The cost of providing such services to the site will be at the purchaser’s own expense.
Tenure & Possession
The land is being sold Freehold from Title Number NN295000. The intention is to exchange and complete as soon as practically possible. Vacant possession will be given upon completion.
Easements, Wayleave & Rights of Way
The land is sold subject to and with the benefit of all easements, wayleaves and rights of way that may exist at the time of the sale whether disclosed or not.
Overage Clause
The property will be sold with an overage clause to reserve 30% of any uplift in value attributed to each and every change of use or planning permission for a period of 30 years on the land. For the avoidance of doubt, the overage will not be triggered by any agricultural, equestrian or forestry use. Full details will be provided within the legal documentation.
Method of Sale
The property will be offered for sale by private treaty and interested parties should submit their offers to the agent’s Towcester office.
The vendors reserve the right to offer the property for sale in any order other than that described in these particulars, to sub-divide, amalgamate or withdraw the property from the sale without prior notice.
Viewing
Viewing is unaccompanied but by prior appointment through the agent’s Towcester office on 01327 397979, or email tayla.cave@howkinsandharrison.co.uk
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Anti Money Laundering Regulations
Under the Money Laundering Directive (S12017/692) we are required to take full identification (e.g. photo ID and recent utility bill as proof of address) from a potential buyer before accepting an offer on the property. Please be aware of this and have the information available.
Plan, Area & Description
The plan is for identification purposes only.
The plan, area and description are believed to be correct in every way, but no claim will be entertained by the vendor or the agents in respect of any error, omissions or misdescriptions.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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