Land at Cragside

Hume, Kelso

TD5 7TR

For Sale

Guide Price: £300,000

An excellent block of mowing/grazing land extending to 40.95 acres with development potential for sale as a whole or in two lots

Call our CARLISLE office to arrange a viewing

01228 406260

The land  is located within the Scottish Borders on the edge of the hamlet of Hume, 7 miles North of the town of Kelso and 9 miles South West of the town of Duns.

Lot 1: Land extending to 16.73 acres (6.77ha)
Guide Price: £125,000

An excellent single field enclosure extending to 16.73 acres (6.77ha) of grazing land with development potential, shown edged red on the attached plan.

The area hatched orange on the plan within Lot 1 is subject to clawback provisions reserved for the future development of the land or any part thereof within a period of 25 years from the date of sale. The amount of clawback to be paid by the buyer (or any subsequent owner or security interest holder) following the implementation of planning consent for development it will be 40% of the uplift in value as between the value of the land or the relevant part with planning consent.

Lot 2: Land extending to 24.22 acres (9.8ha)
Guide Price: £175,000

The mowing/grazing land within Lot 2 extends to 24.22 acres (9.8ha) is in good heart and is shown edged blue on the attached plan.

 

The land is situated within a nitrate vulnerable zone.

The land is registered for Basic Payment purposes. The property also benefits from Less Favoured Area Support Scheme Payments. The Entitlements are included in the sale, and will be transferred to the successful Buyer(s). If sold in Lots the Entitlements are apportioned as follows:

Lot 1: 6.75 Region 1 entitlements
Lot 2: 9.78 Region 1 entitlements

The cost of transferring these entitlements will be £250 + VAT, payable by the Buyer(s).

For the avoidance of doubt the Seller has made the 2019 claim and will retain the payment in full.

Access to Lot 1 is gained from the public highway. Lot 2 is gained from the private access track which is outlined in purple on the sale plan. A Deed of Servitude shall be granted to the purchaser for use of the road for all purposes.

There is a public right of way over the access track marked purple on the sale plan and a public right of way over the track which runs along the western boundary of field 2.