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133.63 acres, Land At North Park Farm, Godstone, Surrey
Sold (STC) - For Sale £4,500,000

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Lot 2: Land at North Park Farm Godstone, Surrey Approximately 133.63 acres (54.08 hectares) THIS HOLDING PROVIDES AN OPPORTUNITY TO PURCHASE LAND WITH DEVELOPMENT POTENTIAL AND A STRONG RENTAL INCOME. The majority of the land is south of the M25 with easy access to Junction 6. The land adjacent to Godstone has development potential (subject to Planning Permission). The holding benefits from income from an existing quarry haul road and other land that may be suitable for Biodiversity Net Gain opportunities. Oxted 3 miles Gatwick 8 miles London 17 miles (via train from Oxted Station to London Victoria 30 mins) (All distances and times are approximate).

LOT 2: LAND AT NORTH PARK FARM, GODSTONE The Farm extends to a total of approximately 133.63 acres of pastureland and woodland. The farm is let on 3 different tenancies and includes a mineral quarry haul road, let on a commercial lease to an adjoining quarry operator on a revenue style rent. The land also benefits from potential development opportunities (subject to Planning Permission). A plan detailing the areas included within each tenancy is available within the data room. The Land in more detail comprises: LAND AT NORTH PARK FARM, GODSTONE (QUARRY HAUL ROAD) (Blue on the plan) The land extends to approximately 28 acres and forms the landscaped access road to the adjacent quarry from the adjacent M25 Junction 6 roundabout. The income is based on a royalty payment, which is indexed annually to RPI with 5-yearly market rent reviews. Further details of the lease are available in the data room. LAND ADJACENT TO TYLERS CLOSE (EAST OF HAUL ROAD) (Yellow on the plan) The land extends to approximately 21.87 acres of pastureland. In the recently withdrawn Tandridge Local Plan, the land was a 'preferred allocation' for residential development. The seller has commissioned a Pre-Planning Application for potential residential development and the Council's response is awaited. The Pre-App request and recent Planning representations are in the data room. There are claims of rights of way around the perimeter of this land which are being rebutted by the Seller. Further details are in the data room. LAND TO THE WEST OF HAUL ROAD (Pink on the plan) The land extends to approximately 22.16 acres of pastureland with long-term development potential (subject to Planning Permission). INHAND LAND (Green on the plan) This extends to 13.10 acres of land and woodland located between the haul road and the M25, a small area of woodland north of the M25 and other parcels of land at either end of the haul road. These areas benefit from Vacant Possession. LAND TO NORTH OF M25 (Orange on the plan) The land extends to approximately 29.23 acres of pastureland and may have potential for carbon sequestration or Biodiversity Net Gain opportunities (subject to surveys). OVERAGE North Park Farm, Godstone is subject to an 80-year overage which commenced on 27th May 1998. The beneficiaries are to be paid 50% of the Net Development Value triggered on the grant of Planning Permission. This document was varied in part on 13th July 2005 to reflect the haul road lease income. Further details are in the data room.