Get brand editions for Woolley & Wallis, Salisbury

Land for sale

Ower, Romsey

Guide Price £50,000

Property Description

Key features

  • 56.16 acres (22.72 hectares) of agricultural land and woodland.
  • Predominantly pasture land.
  • Agricultural investment opportunity.
  • Subject to 999 year lease (977 years unexpired).
  • Sporting rights reserved to freeholder.

Full description

Tenure: Freehold

A rare agricultural investment opportunity comprising approximately 56.16 acres (22.72 hectares) of agricultural land and woodland subject to a 999 year lease (977 years unexpired) at a peppercorn rent. Sporting rights are reserved out of the lease for the benefit of the freeholder.

SITUATION:
The land is situated off the A36 Salisbury Road between Ower (east) and West Wellow (west) on (within) the northern boundary of the New Forest National Park.

DESCRIPTION:
The land extends to approximately 56.16 acres (22.72 hectares) and is predominantly pasture land together with two small copses situated on the eastern boundary.

TENURE & POSSESSION:
The land is being offered for sale on a freehold basis.

Approximately 55.96 acres (22.64 hectares) is subject to a 999 year lease to The New Forest Commoning Trust which commenced on 3 February 1994 and expires on 2 February 2993 (977 years unexpired). The passing rent is one peppercorn.

The land will be sold subject to the above lease with vacant possession granted on the 0.2 acres (approx.) of woodland not included within the lease.

OVERAGE:
The land will be subject to an overage reserving to the seller 35% of any uplift in market value to the freehold interest caused by the variation or termination of the 999 year lease, payable on any future disposal(s) of the land. The overage will endure for a maximum period of 30 years or until the 999 year lease has been extinguished following surrender or merger with the freehold interest.

AGRI-ENVIRONMENT SCHEMES:
It is understood the land is not subject to any agri-environment scheme agreements.

SPORTING:
All sporting rights are reserved out of the lease to the freeholder and are included within the sale.

SERVICES:
There are no services connected to the property.

It is understood mains water is available nearby in Salisbury Road and prospective buyers are advised to make their own enquiries as to the availability and cost of connection to mains water (if desired).

RIGHTS OF WAY:
The land is not subject to any public rights of way; however, an oil pipeline, high voltage overhead powerline and telecommunications cable cross the land.

The land is sold subject to and with the benefit of all matters contained in or referred to in the title deeds together with all public or private rights of way, wayleaves, easements and other rights of way affecting the property.

METHOD OF SALE:
The land is offered for sale as a whole by private treaty.

DIRECTIONS:
From Ower, proceed north-west on the A36 Salisbury Road towards West Wellow. The land can be found on the left hand side after approximately 1 miles identified by a Woolley & Wallis board.

Please do not obstruct the bus stop.

GEO TAG:
50.9607827,-1.5634031

VIEWINGS:
All viewings strictly by appointment arranged through our Farm & Rural Department.

Please note we are required to give the tenant 48 hours prior notice before conducting any viewings on the land.


Listing History

Added on Rightmove:
14 September 2016

Nearest stations

  • Romsey (3.3 mi)
  • Totton (4.0 mi)
  • Ashurst New Forest (4.9 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Woolley & Wallis, Salisbury

51-61 Castle Street, Salisbury, SP1 3SU

01722 688045 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Romsey (3.3 mi)
  • Totton (4.0 mi)
  • Ashurst New Forest (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Woolley & Wallis, Salisbury

51-61 Castle Street, Salisbury, SP1 3SU

01722 688045 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 410030952. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Woolley & Wallis, Salisbury. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.