Home Rural Rural Property Farm land for sale, Belsay, Newcastle Upon Tyne, NE20
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About this property

DESCRIPTION
The sale of the land at the Highlander Inn provides a purchaser with an opportunity to acquire approximately 13.20 acres (5.34 hectares) of bare pastureland. The land is well located and accessible, lying adjacent to the A696 and being just 3 miles from Belsay and 5 miles from Ponteland.

The land offers the opportunity of a variety uses. It is ready made for equestrian and/or small holder users. In the past the field has been split into three distinct parcels, the historic boundaries are in part still present, ensuring it could with relative ease be split again.

Historically a mains water supply has been utilized however this was shared with the nearby pub. The restoration of this and/or an alternative mains supply would need to be investigated by the buyer.

It is assumed that there is a mains electric supply nearby with telegraph poles and an electric line crossing the property. Connectivity to this would need to be investigated by the buyer

The land´s current and traditional use is Agriculture. It is currently utilized for grazed albeit it´s locality, flat and accessible nature does suggest it may plough, subject to obtaining any necessary consents.

The land is located in an area where land sales are scarce and especially those of a convenient size. The proximity of the land to popular towns such as Belsay, Stamfordham and Ponteland as well as Newcastle -upon -Tyne ensures that it is highly accessible and offers an easy escape from urban life.

LOCATION
The land lies either side of the A696 and is located approximately 3 miles Southeast of Belsay and 5 miles Northwest of Ponteland. Newcastle upon Tyne is approximately 12 miles to the Southwest.

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

MINERAL RIGHTS
Included in so far as they are mineral rights are owned.

CLAWBACK
A clawback will be placed over the land in its entirety and will be triggered if planning permission is granted for any change of use other than equine. The clawback will run for a 25-year period from the date of completion and will be calculated on the uplift in value as a result of such a planning permission. The uplift in value will be split 60:40 (Purchaser: Vendor) or their successors in title and at the appropriate time will be calculated by an independent MRICS valuer.

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.

There is a septic tank located adjacent to the land. The user of this tank has rights to access the tank and its apparatus/pipes (as indicatively shaded brown on the plan) for repair, renewal, and maintenance purposes. Subject to remedying any damage done to the land whilst exercising these rights.

VAT
The property is VAT registered; therefore VAT will be payable in addition to the purchase price. Interested parties should make their own enquires as to how and if this can then be relievable.

MEASUREMENTS
The areas have been assessed in accordance with Ordnance Survey data. Interested parties should satisfy themselves in regard to areas and distances as appropriate.

MONEY LAUNDERING REGULATIONS
The purchaser will be required to provide proof of identification to comply with Money Laundering Regulations in the form of a copy of the Purchasers´ passport, together with a copy of the Purchasers´ driving license or a recent utility bill as proof of residence.

LOCAL AUTHORITY
Northumberland County Council.

VIEWINGS
Strictly by Appointment with the Agents. Tel: 01434 609000.

CONTACTS
Hexham: Harry Morshead
harry.morshead@youngsrps.com

Location

Stamp duty due

Based on a sale price of £120,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

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