Offers in excess of £185,000
- 24.28 Acres
Land At Lipper Edge, Haydon Bridge
LOT 2- Land at Lipper Edge Excellent opportunity to purchase approximately 9.82 Ha (24.28 Ac) of grazing land Lot 1 is an agricultural building and grazing land. Separate particulars available.
We are pleased to offer for sale approximately 9.82 Ha (24.28 Ac) of permanent pasture grazing land located at Lipper Edge, Haydon Bridge. The land benefits from road frontage and part is watered.
Covenant and Overage Provision
The property is sold subject to a covenant limiting the use to agricultural only. There is an Overage Provision in place whereby the previous owner is entitled to 50% of the uplift in value for the period of 80 years if planning permission is obtained for a non-permitted use or the property is disposed of with planning permission for a non-permitted use. Further details are available from the Agent on request.
Basic Payment Scheme
The land is registered under the Basic Payment Scheme.
Entitlements to claim under the Basic Payment Scheme can be purchased by separate negotiation.
The Vendor has claimed the 2021 payment, and the contracts of sale will oblige the purchaser to sign an indemnification that they will maintain the land in good agricultural and environmental condition and follow the Basic Payment Scheme compliance regulations if applicable. Further to this, the indemnification will also hold the purchaser liable should the vendor be penalised for breach of cross compliance due to the actions or negligence of the purchaser. George F White will undertake the transfer of entitlements if purchased by separate negotiation for a fee of £350 +VAT which will be payable by the purchaser on completion of the transfer of entitlements.
Northumberland County Council