Sold STC

Culver Way

Land at Yaverland Culver Way, Sandown, Isle of Wight, PO36 8QJ

£280,000

Guide Price

An attractive and versatile block of pastureland with easy access to Yaverland beach and Sandown Bay. Currently used for cattle grazing and benefiting from significant natural capital potential. In all, the land extends to 29.65 acres (12.00 ha).

Key Features

  • Versatile block of pastureland
  • Easy access to Yaverland
  • Natural capital potential
  • Extending to 29.65 acres (12.00 ha)
  • Easy access to Yaverland beach

DESCRIPTION
An attractive and versatile block of pastureland with easy access to Yaverland beach and Sandown Bay. Currently used for cattle grazing and benefitting from significant natural capital potential. In all, the land extends to 29.65 acres (12.00 ha).

GENERAL REMARKS AND STIPULATIONS

METHOD OF SALE
The property is offered for sale as a whole, by private treaty.

SERVICES
Mains water connection.

LOCAL AUTHORITY
Isle of Wight Council, tel: 01983 821 000, iwight.com

POST CODE
PO36 8QJ

PLANS, AREAS AND SCHEDULES
These are based on the Ordnance Survey and are for reference only. They have been checked and computed by BCM and the Purchaser(s) shall be deemed to have satisfied themselves as to the description of the property. Any error or misstatement shall not annul a sale or entitle any party to compensation in respect
thereof.

ACCESS
The property benefits from access along a track from the main Yaverland Road B3395 and access via Meadow Way.

TENURE
The land is currently let on a Farm Business Tenancy which expires on 31st October 2024. The land will be available as freehold with vacant possession subject to the tenancy above.

PLANNING AND DESIGNATIONS
Some of the land is outside of the Area of Outstanding Natural Beauty. The land is within a Nitrate Vulnerable Zone.

WAYLEAVES, EASEMENTS AND RIGHTS OF WAY
The benefit of all wayleaves and easements, if any, relating to the land will transfer to the purchaser.

PUBLIC RIGHTS OF WAY
Footpath 51 crosses the land.

OVERAGE
The land will be subject to two separate overage provisions as below:

(i) The land is sold subject to an overage clause entitling the vendor to 20% of the value of any nutrient (nitrate, phosphate or other) or biodiversity offsetting credits sold from the land by the purchaser, or their successors in title, for a 30 year period after completion of the sale.

(ii) The land is offered for sale subject to a further overage provision of 20% of the uplift in value as a result of the purchaser, or their successors in title, obtaining planning permission for change of use of the land at anytime in the next 30 years.

VIEWINGS
Strictly by appointment with BCM only.

FIXTURES AND FITTINGS
BCM will supply a list on request identifying clearly which items are included within the sale, which are excluded and which may be available by separate negotation. This list is the sole arbiter of this regardless of whether items are referred to or photographed in these particulars.

WHAT3WORDS
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