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16.67 acres, Bagbury Farm, Bagbury Road, Bude, EX23, Cornwall
For Sale - Offers in Excess of £500,000

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• Approximately 16.67 acres strategically located farmland with development potential (STTP)
• Walking distance to thriving town and beaches
• Mains services available in local area

16.67 acres of farmland available for sale in prime location for the first time in almost 100 years. Despite its obvious future planning potential, the land is immediately available without uplift clauses. The neighbouring landowner has achieved a planning consent to build 30 homes, which is also available separately.

LOCATION
The land is located on the edge of Bude, close to the popular residential road of Kings Hill and with easy proximity to both the picturesque canal and marshland footpaths which both lead into the centre of Bude. The town itself offers a comprehensive range of shopping, business and leisure facilities including swimming pool, all weather floodlit tennis courts and an 18 hole golf course. The town has both primary and secondary schooling and two sandy beaches both popular with families and surfers. The A39 ‘Atlantic Highway’ is approximately a quarter of a mile away and provides excellent access north to the larger towns of Bideford and Barnstaple and south to Wadebridge, Padstow & Rock.

DESCRIPTION
This block of farmland is strategically located on the edge of Bude and has been the subject of speculation for development for many years. It is the first time it has come on to the market for sale for almost 100 years. The neighbouring landowner has achieved a planning consent to build 30 houses and Kivells have just launched this site simultaneously. (Please see separate particulars.) This site with planning permission could provide direct access onto Kings Hill, one of the most desirable roads in Bude. There is a significant willingness to discuss the provision of an access route from Kings Hill on equitable terms. Alternative existing access ways are located on St Anns Hill Road & Bagbury Lane Road.

The vendors have decided that they would prefer to sell this strategically situated land without any uplift clauses in order to release value today and permit the purchaser to develop their own plans for the land rather than enter into an option/promotion/uplift agreement.

Bude has experienced a significant rise in popularity and house values within the last decade and is becoming an understandable ‘hotspot’ for rising demand due to its fantastic seaside Cornish location and community feel.

The gently sloping site occupies a highly sought-after location with views over the Neet Valley, Bude, the downs and cliffs at Efford and the Atlantic Ocean. The site would be well-suited to an experienced developer to best maximise the value and apply for planning permission according to their own designs and style. The land is currently all laid to a herbal ley grass mix and is productive farmland suitable for arable and grassland production. Alternatively, the land will appeal to a farmer/landowner who may wish to acquire excellent farmland with future potential uplift development value.

The land is accessed from the south via St Anns Hill and from the west via Bagbury Lane Road by way of a right of access granted over part of the vendor’s retained lane (shown hatched in purple). The neighbouring owner of the development site for 30 dwellings (shown hatched in orange), are also very willing to discuss providing access through their development to Kings Hill Road. Alternatively, the purchaser may choose to acquire an existing property site on Kings Hill to provide access.

The area marked in yellow is being retained by the vendor who is intending on applying for a small scale residential development.

The landowner owns other land in the vicinity which may be suitable for BNG.

TENURE
Full freehold title is available.

LOCAL AUTHORITY
Cornwall County Council

SERVICES
There are main utility services located in the vicinity, however prospective purchasers must verify availability for any mains services required and the costs of connection of such services, for themselves.

WHAT3WORDS LOCATION
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AGENTS NOTE
The Transfer Deed of the property will include reserved rights for the vendor to use the retained land for any purpose including all types of farming operations, commercial business activities, operating a campsite or to build on or develop any part of the retained land and rights of way for all purposes for the vendor and their successors in title of any part of the retained land over the area hatched black on the plan to access the retained land from the gateway. Full and free rights will also be reserved to install, construct, lay, use, maintain and repair all services over the area hatched black.

The Transfer Deed will also include covenants whereby if the property is developed, the developer will be required to construct and install an access road and footpath across the area hatched black from the gateway on the road to the boundary of the retained land to provide vehicular and pedestrian access for all purposes to the retained land, as well as installing service media connections up to the boundary of the retained land. For clarity, the buyer shall be responsible for constructing the estate road to an adoptable size and standard to sufficiently serve the property and the retained land (in the event the retained land is ever developed in the future) and also ensuring the access road and footpath is adopted by the local authority as soon as possible once constructed.

VIEWINGS
Please ring 01288 359 999 to view this property and check availability before incurring travel time/costs. FULL DETAILS OF ALL OUR PROPERTIES ARE AVAILABLE ON OUR WEBSITE www.kivells.com.

BOUNDARIES
Any purchaser shall be deemed to have full knowledge of all boundaries and neither vendor nor the vendor’s agents will be responsible for defining the boundaries or the ownership thereof. Should any dispute arise as to the boundaries or any points on the particulars or plans or the interpretation of them, the question shall be referred to the vendor’s agent whose decision acting as experts shall be final.

EASEMENTS, WAYLEAVES & RIGHTS OF WAY
The property is offered for sale, subject to and with the benefit of all matters contained in or referred to in the Property and Charges Register of the registered title together with all public or private rights of way, wayleaves, easements and other rights of way, which cross the property.

IMPORTANT NOTICE
Kivells, their clients and any joint agents give notice that:

1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. 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 Kivells have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.