Home Commercial Selling Commercial Property
Download Brochure

About this property

DESCRIPTION
The sale of High Bracken Hill provides a unique opportunity for a purchaser to acquire a ring fenced and conveniently sized block of productive agricultural land. The land is ideally located lying within the heart of the Tyne Valley and in a renowned livestock rearing area.

The land consists of approximately 40.94 ha (101.18 acres) of grassland of which 12.36 ha (30.54 acres) has been recently reseeded. This temporary grassland forms part of the approximately 27.90 ha (68.94 acres) of mowable land, the amount of which highlights the productive capabilities of the land.

In addition to the grassland there is a strip of under grazed woodland which provides useful shelter and amenity value.

The land in the main benefits from stock proof fencing, to complete this the purchaser will be required to erect a stock proof fence between points A and B on the red line plan.

Central to the land is a semi redundant farm steading, covering a GIA floor area of 230 m². The steading mainly consists of traditional stone buildings which potentially lend themselves to a possible residential conversion. To this effect professional plans have been drawn up highlighting how a comfortable four bedroomed house could be achievable.

Any residential development/change of use would be subject to the necessary consents and to this regard any interested parties are encouraged to make their own enquiries.

The land´s size and location provides an ideal opportunity for a farmer who is looking to expand their current enterprise. Furthermore, the land´s location in an area where availability of such is scarce could be an attractive proposition for a lifestyle/investment buyer who may be attracted by the development potential of the steading, with the value of a rental return on the land being a useful additional benefit.

N.B. A detailed red line plan of the sale land is available on request and/or on the website at www.youngsrps.com

CLAWBACK
The area hatched pink on the plan will be sold subject to a clawback. The clawback will assume that access is achievable and will ensure that the vendor will be entitled to 50% of any uplift in value as a result of the grant of planning permission and/or prior approval for any use, with the exception of an Agricultural stock or store building, and will be for a period of 25 years

LOCATION
High Bracken Hill is located approximately 2.5 miles to the south west of Hexham, lying just west of Hexham Racecourse. The land is accessible from the Yarridge road and internally thereafter.

SPORTING RIGHTS
Included in the sale in so far as they are owned.

EASEMENTS AND WAYLEAVES
The land is sold subject to and with the benefit of all rights of way, water, drainage, watercourses, light and other easements, quasi or reputed easements and other rights of adjoining owners (if any) affecting the same and all matters registerable by any competent authority subject to statute.

COSTS
Each party to bear their own legal costs.

LOCAL AUTHORITY
Northumberland County Council.

VIEWINGS
Strictly by Appointment with the Agents.

CONTACT
Harry Morshead - harry.morshead@youngsrps.com
Tel: 01434 609000

Location

Stamp duty

Based on a sale price of £550,000 the total amount of stamp duty payable will be:

Last updated: The calculators have been updated following the end of the stamp duty holiday on 30th June 2021. Until the end of September 2021, it represents a staggered return to previous rates.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.