Lot 1 Owston Wood Road, Knossington

18.76 acres of pasture with sand canter circle, outdoor riding school, stables, agricultural building and mains water.

Additional land For Sale - Lot 2

Lot 1 - approximately 18.76 acres (7.59 hectares) of pastureland with sand canter circle, outdoor riding school, agricultural building and stables

Situation - The Furze Hill Block is located to the south west of the village of Knossington in Leicestershire and has multiple points of vehicular access directly off Owston Wood Road.

The Land And Buildings - The Furze Hill Block extends to approximately 35.19 acres (14.24 hectares) in total and is for sale as a whole or in two separate lots.

Lot 1 (shown shaded pink on the plan) is approximately 18.76 acres (7.59 hectares) and is made up of two interconnecting fields of pasture, each having gated vehicular access directly off Owston Wood Road. The northernmost field contains a sand canter circle (about 565m in length) and an outdoor riding school (60m x 40m), with an agricultural building (35ft x 20ft) and stables (24ft x 12ft) in the southwest corner.

There is a mains water connection and gated access on the southern boundary into Lot 2 (shown shaded blue on the plan). Lot 2 is approximately 16.43 acres
(6.65 hectares) and is made up of four interconnecting fields of rolling pasture, with a high point on the northern boundary that descends to the south. The boundaries have good quality stock proof fencing and there is a mains water trough, with two points of gated vehicular access directly off Owston Wood Road.

Viewings - Strictly by confirmed appointment with the vendor’s agent, Shouler & Son of Melton Mowbray.

Please note, viewing is at your own risk and neither Shouler & Son nor the vendor take any responsibility for any losses or damages incurred during inspection.

Method Of Sale - The freehold property is offered for sale by private treaty with vacant possession on completion.

Lot 1 is currently subject to a common law tenancy for the grazing of horses, sheep and cattle, which is due to end on the 31st December 2025. Lot 2 is currently used for grazing and mowing under licence and this is terminable upon giving one month’s notice in writing.

Wayleaves, Easements And Rights Of Way - The land and buildings are sold subject to any existing easements, covenants and wayleaves.

Basic Payment - There are no delinked payments available to the Buyer.

Environmental Schemes - The land contained within Lot 2 was entered into a Mid-Tier Countryside Stewardship agreement on the 1st of January 2021 in respect of capital items only. These items included hedgerow coppicing, sheep netting and resurfacing of gateways. The agreement ends on the 31st of December 2025. The purchaser will be deemed to have full knowledge of the agreement and will maintain the condition of any capital items from completion if necessary. Further details are available from the vendor’s agent.

Sporting, Timber And Mineral Rights - All sporting, timber and mineral rights are included in the freehold sale, in so far as they are owned.

Overage - The Furze Hill Block will be sold subject to an overage on future development. The overage will not apply to any planning permissions granted or development or use in connection with agriculture or private equine activities, but it will apply to any residential development linked to agricultural or equestrian uses and any equine business use. The grant of planning permission will be a trigger event for overage. The rate will be 30% for 40 years from the completion date.

Local Authority - Leicestershire County Council (County council)

Melton Borough Council (District council)

Vat - Any guide price quoted or discussed is exclusive of VAT. In the event that a sale of the land, or any part of it, or any right attached to it, becomes a chargeable supply for the purposes of VAT, such tax will be payable in addition.