Land At School Lane, Burscough, Ormskirk, Lancs

£75,000

Guide price

This parcel of land offers EQUESTRIAN, AGRICULTURAL AND AMENITY PURCHASERS the opportunity of acquiring 4.6 acres of grassland with frontage onto school lane, AS A WHOLE OR IN TWO LOTS.

General Description

An excellent opportunity to purchase approximately 4.6 acres (1.86 hectares) or thereabouts of agricultural land, being of interest to a range of Purchasers, including Agricultural, Equestrian, Lifestyle and Amenity. The land is currently used for haylage crops and will be sold with vacant possession.

The Land is offered as a whole (4.6 acres) or in two lots. Lot 1 and Lot 2 extend to approximately 2.3 acres or thereabouts each. There is currently no boundary separating Lot 1 and Lot 2. Where the Lots are sold to separate Purchasers, the Purchaser of Lot 2 will be required to erect a stock proof fence between the points marked A and B on the attached Plan.

The land is accessed from School Lane, which is directly off the A59, in Burscough Village, with Lot 1 having road frontage onto School Lane. Both Lots benefit from a Right of Access across the Access Track marked Brown on the attached Plan, in order to access the property.

Guide Price:

As a Whole: £75,000

Lot 1: £40,000

Lot 2: £35,000

Overage:

Please note that the land is subject to an historic Overage Clause included within a previous sale. We understand that this has approximately 10 years left to run, to April 2029, reserving 50% uplift in value to a previous vendor, upon a Change of Use to anything other than agriculture. Further details can be provided upon request.

In addition, the land will be sold subject to a further Overage Clause to run from April 2029 for a period of 15 years. This will reserve 25% uplift in value to the vendors upon a Change of Use to residential or commercial usage. The trigger will be upon the granting of any planning permission.

Right of Way, Easements & Wayleaves:

The land is sold to and with the benefit of all rights, including Rights of Way whether public or private, light, support or drainage, telephone and electricity supplies and other rights and obligations, Easements and Quasi Agreements, restricted covenants and all existing and proposed Wayleaves, masts, pylons, stays, cables, drains and water, gas and other Planning scheme of Local Authorities without obligation on part of the Vendor or the Agents to specify them.

In particular, the Property will benefit from a Right of Access across the Access Track marked Brown on the attached Plan in order to access the Property. A maintenance contribution to be agreed per annum will be charged to each Lot in relation to the maintenance of this Access Track.

Arrange viewing 01704 461256

Armitstead Barnett - South Lancashire

59 Liverpool Road North, Burscough, Ormskirk

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