Land on the north side of East Fen Road, Isleham, Ely, CB7 5SW

For Sale by Public Auction on 12th June 2024

£35,000-£40,000

4.71 acres (1.90 ha)
Edge of village location
Grade 2 agricultural Land with road frontage
Freehold with vacant possession
Description
An opportunity to acquire a parcel of grassland extending to approximately 4.71 acres (1.90 ha) on the edge of the village of Isleham.
The Land is mainly laid to grass with a small belt of woodland situated in the middle of the parcel to the east and west boundary. Situated on the land is a mixture of mature and semi mature trees. The land has no defined boundary to the adjoining parcels of land. Access is taken from the south end of the parcel of land, off East Fen Road.
The land is Grade 2 on DEFRA's Agricultural Land Classification Map and is identified by the Soil Survey for England and Wales as belonging to the Swaffham Prior, Reach and Adventures 1 Soil Associations. These soils are described as being well drained calcareous course and fine loamy soils over chalk.


Location
The land is located off East Fen Road in a semi-rural location approximately 1 mile to the east of Isleham village centre, which itself is around 7.5 miles north of Newmarket and 8 miles south-east of Ely in Cambridgeshire.
What3words: ///cabinets.older.rekindle


Wayleaves, Easements, Covenants and Rights of Way
The land is to be sold subject to any wayleaves, covenants and rights of way that may exist. All sporting, timber and mineral rights are included in the sale insofar as they are owned for the benefit of the owner. Please refer to the Auction Legal Pack for further details.

Auctioneers Note
The holding will be sold subject to a development overage in the event that planning permission is granted for any development other than for agricultural or equestrian purposes. The uplift will be for 40% of any net development value resulting from the grant of planning permission, change of use or similar consent within a period of 25 years from completion of the sale.
The overage will be triggered on commencement of the development or on the sale of the land with planning permission, whichever is sooner.
Anglian Water have notified the vendor of plans to lay a pipeline which will cross the land east to west. See legal pack

Viewing
Attend the site at all reasonable times

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.