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118 acres, Land at Hyde Lane, Gloucestershire
For Sale - POA

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SITUATION
The land is conveniently located approximately 2.3 miles north of Cheltenham and accessed from both the A435, Evesham Road and Hyde Lane. The land is on the opposite side of the road to Cheltenham Racecourse.

DESCRIPTION
The land at Hyde Lane comprises prime Grade 3 agricultural land extending to approximately 117.63 acres (47.60 hectares). It is designated as Green Belt land. The land is relatively undulating with well-defined boundaries and benefits from good road frontage. The eastern boundary borders the A435, Evesham Road, adjacent to Cheltenham Racecourse and the western boundary borders Hyde Lane. Due to its location between Cheltenham and Bishops Cleeve, the land may have potential for an alternative use (subject to planning permission).

SERVICES
We understand that there is a mains water supply to the land.

ACCESS
The land benefits from two gated road access points. The main access to the centre of the land is off Hyde Lane via a hard core track. Additionally, the land can be accessed from the A435.

PLANNING
Potential purchasers are invited to make their own investigations with the Local Planning Authority however we understand that there have been no recent or outstanding planning applications in regards to the property.

TENURE
The property is offered Freehold with Vacant Possession

FIXTURES AND FITTINGS
Any fixtures or fittings not mentioned in these particulars are excluded from the sale.

BOUNDARIES AND AREAS

The purchaser shall be deemed to have full knowledge of the boundaries and neither the Vendors nor the Agents will be responsible for defining the boundaries or ownership thereof. The purchasers will be required to take on the liability for all boundaries.

RIGHTS OF WAY, WAYLEAVES AND EASEMENTS
The property is sold subject to and with the benefit of rights, including rights of way, whether public or private, light, support, drainage, water and electricity and other rights and obligations, easements, quasi easements and restrictive covenants and all existing and proposed way leaves or masts, pylons, stays, cables, drains and water, gas or other pipes, whether referred to in the general remarks and stipulations or particulars of sale or not and to the provision of any planning scheme of County or Local Authority.

There are no public rights of way crossing the land.

METHOD OF SALE
The property is offered for sale by Private Treaty. Prospective purchasers are advised to register their interest with the agent so that they can be sent details of the process for submission of offers and any timescales.

ANTI MONEY LAUNDERING REGULATIONS
Interested parties will be required to provide photographic ID and proof of address for Anti Money Laundering checks prior to instructing solicitors. Proof of funds will also be required.

UPLIFT CLAUSE AND PROMOTION AGREEMENT
The land is to be sold with an Uplift Clause reserving the vendor a 30% share of any uplift in value attributable to a development for anything other than agricultural uses or equestrian uses for a period of 25 years from the completion of the sale. “Development” shall include any scheme that would require planning consent, be carried out under Permitted Development rights or would be a Change of Use. Further details are available from the selling agent.

The land is subject to a Promotion Agreement. More details are available on request.

LOCAL PLANNING AUTHORITY
Cheltenham Borough Council – 01242 262626
https://www.cheltenham.gov.uk/

VIEWINGS
Viewings are strictly by appointment only. To discuss this opportunity or to arrange a viewing please call 01684 853400 and ask for Hettie Orttewell or Andrew Troughton. Alternatively, please contact us on the following email addresses;
hettieorttewell@carverknowles.co.uk
andrewtroughton@carverknowles.co.uk