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Land for sale

Haversham, Milton Keynes, MK19

Under Offer 92.8 ac. | £800,000

Property Description

Commercial information

  • 92.9 acres (37.6 hectares)

Key features

  • Strategic location near Milton Keynes
  • Arable
  • Road access
  • Prior notification for an agricultural building
  • About 92.99 acres

Full description

Tenure: Freehold

Strategically located arable land near Milton Keynes

Description

Strategically located arable land near Milton Keynes

Land at Pineham Farm, Haversham, Milton Keynes MK19 7DP

Location
Located to the north of Milton Keynes, the land is situated at Pineham Farm close to the village of Haversham and lies within a wider area being promoted for a northern expansion of Milton Keynes.

Description
Accessed off the Haversham to Hanslope road to the west of the land and extending to about 92.88 acres (37.58 hectares) the property is predominantly down to arable with a small area of woodland.

The arable land is divided into eight fields and has been farmed under an arable rotation for the last seven years having previously formed part of a dairy farm.

A cropping history is available on request.

On the whole, the fields are bordered by mature hedges and trees. There is a small area of deciduous woodland known as Grove Spinney to the east, extending to about 0.8 acres (0.32 hectares).

The land benefits from Prior Notification (under application no. 15/02391/ANOT dated 20th October 2015) for an 18m x 24m agricultural building (4,650 sq.ft) for the storage of machinery, fertiliser and other farming equipment to be located at the western end of the property by the entrance, marked with letter
'X' on the sale plan.

Tenure and Possession
The freehold of the property is offered for sale with vacant
possession.

Town and Country Planning
Interested parties are advised to make their own enquiries in
respect of any planning issues and development opportunities
relating to the land direct to Milton Keynes Council.

The land falls within a wider area being promoted as a "major
expansion area to the north of Milton Keynes" as part of the
"Plan:MK Strategic Development Directions Consultation" process. Such a proposal would involve the development of 8,000 to 10,000 houses, together with associated retail, community and education facilities. Further information is available on request.

Uplift Provision
There will be a reservation in favour of the current owner
to share from any uplift in value resulting from the future development of all or part of the property. The vendor will
benefit from 33% of the net increase in value of the land on grant of planning permission, for any non-agricultural or
non-equestrian use, for a period of 50 years from the date of completion of the sale.

VAT
Please note that VAT is payable on the sale price.

For further information, please contact:

Philip Hoare / Benjie Nesbitt
Savills Banbury
01295 228050
phoare@savills.com


Acreage: 92.88 Acres

Listing History

Added on Rightmove:
13 September 2016

Map & Street View

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