An excellent opportunity to purchase this block of permanent pasture, outside Watford and in close proximity to J20 of the M25.
The plot would be well suited to agricultural use, equestrian or other leisure uses subject to planning consents.
The land is located off and has road frontage to Watford Road (A41) to the west and within very close proximity to J20 of the M25. The land is adjacent to the Grand Union Canal and River Gade to the east.
The land is being sold as a whole or is available in three lots in all totalling circa 12.461 (30.79 acres) of grassland. The land is classified as Grade III, classified as the Frome Series and described as loamy soils in the Soil Survey for England and Wales.
The Whole - Guide Price £475,000
Extends to approximately 30.79 acres and is shaded pink, green and blue on the sale plan.
Lot 1 Guide Price - £130,000
As shaded pink on the plan. This lot extends to 3.247 hectares (8.02 acres). There is a flood alleviation drain that splits Lots 1 and 2. There is access directly off Watford Road (A41).
Lot 2 Guide Price - £325,000
As shaded green on the plan. This lot extends to 8.724 hectares (21.56 acres) of pasture land. There is access directly off Watford Road (A41).
Lot 3 Guide Price - £20,000
As shaded blue on the plan. This extends to 0.488 hectares (1.21 acres) of pasture land. There is access directly off Watford Road (A41).
The land is located within the Three Rivers Local Authority and governed by the Three Rivers Local Plan. The land is within the Green Belt. Lot 1 is located within Flood Zone 2 and 3 and some of Lot 2 is within Flood Zone 2 according to the Environment Agency.
The property is sold subject to an overage provision. Should the land be granted planning consent for development (excluding agricultural or equestrian development). The further uplift will be calculated as 50% of the increase in value for 25 years.
For more details please contact the selling agent or view the sales particulars.