Land for sale

Land At Coleman's Lane, Porchfield

Guide Price £120,000

Property Description

Key features

  • Extends to approximately 25.22 acres (10.21 ha)
  • The land has been used to grow maize and short rotation grass leys
  • Classified as slightly acid but base-rich loamy and clayey soils
  • Road frontage to and access from Coleman's Lane
  • The parcels are enclosed and divided by mature hedgerows
  • Lot 1 also available, or available as a whole

Full description

Tenure: Freehold

DESCRIPTION Lot 2 - The land off Coleman's Lane, Porchfield extends to approximately 13.62 acres (5.51 ha) and is a ring fenced block of land divided into two parcels.

It has good road frontage along the southern boundary onto Coleman's Lane.

The land has been used to grow maize and short rotation grass leys. The land is classified as slightly acid but base-rich loamy and clayey soils.

The parcels are enclosed and divided by mature hedgerows. 

LOTTING Lot 1 is also available, or the property is available as a whole.

 

WAYLEAVES, EASEMENTS AND RIGHTS OF WAY The property is being sold subject to and with the benefit of all rights including; rights of way, whether public or private, light, support, drainage, water and electricity supplies and other rights and obligations, easements and quasi-easements and restrictive covenants and all existing and proposed wayleaves for masts, pylons, stays, cables, drains, water and gas and other pipes whether referred to in these particulars or not.

There is an electricity line and a sewage pipe crossing the land.

There are no public rights of way over the land. 

OVERAGE AND RESTRICTIVE COVENANTS The land is subject to an overage clause of 50% of the uplift in value for a period of 30 years. This applies to residential property only. 

ACCESS Access for lot 1 is on the southern boundary off Colemans Lane and Lot 2 access is on the southeast boundary off Colemans Lane.
 

TENURE The land is being sold freehold. The land is subject to an Agricultural Holdings Act Tenancy dated 12th November 1963. Notice has been served to terminate the tenancy and this expires on 10th October 2018. The land will be sold with vacant possession. 

BASIC PAYMENT SCHEME The land is registered for Basic Payment Scheme Entitlements but there are no entitlements included with the sale. 

VIEWINGS Viewings are by appointment only with BCM. 

CONTACT Arielle Elton-Walters, BCM (IOW) LLP, Willow Barn, Long Lane, Newport, Isle of Wight, PO30 2NW
T: 01983 828 805 E: aeltonwalters@bcm.co.uk 

DIRECTIONS From Newport, at Coppins Bridge, heads north west on Medina Way/A3020 (The Dual Carriageway). At St. Mary's Roundabout, take the first exit onto Forest Road (A3054). Stay on this road for approximately 2.1 miles until the cross roads with Betty Haunt Lane and Whitehouse Road. Turn right into Whitehouse Road and then take the left hand turning after approximately half a mile into Coleman's Lane. The land can be found on the right after 0.3 miles, and can be accessed just after the Cricket Club. 

LOCAL AUTHORITY Isle of Wight Council, County Hall, High Street, Newport, Isle of Wight, PO30 1UD
W: www.iwight.com T: 01983 821 000 

IMPORTANT NOTICE BCM and their clients give notice that:-

1. They have no authority to make or give any representation or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and BCM has not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Photos taken and Particulars prepared May 2018. Particulars updated October 2018. 


More information from this agent

Listing History

Added on Rightmove:
26 November 2018

Nearest station

  • Lymington Pier (8.2 mi)
Distances are straight line measurements from centre of postcode

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Nearest station

  • Lymington Pier (8.2 mi)
Distances are straight line measurements from centre of postcode

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