Land at Moult Farm, Salcombe

DIRECTIONS

From Kingsbridge proceed to the village of Malborough and on reaching the village, opposite the garage and Co-op store, bear right into Collaton Road. Proceed along this country road towards North and South Sands for about 1 mile passing a right hand turn to Combe and Higher Rew. On reaching a sharp right hand bend and with a single track lane directly in front of you, the gateway to the land will be seen immediately on the left hand side. (Viewings strictly by appointment).
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SITUATION

The land at Moult Farm is situated between the villages of Malborough and the harbour town of Salcombe in the South Hams area of South Devon. Salcombe is about 1 mile distant and the village of Malborough about 1 mile.
The town of Kingsbridge is about 4 miles distant and the A38 connection and Wrangaton, connecting to the M5 motorway and national road network about 15 miles to the north.

DESCRIPTION

The land at Moult Farm comprises a total of some 26.98 acres (10.92 hectares) of agricultural land, the full extent of the whole which is as approximately outlined in red on the site plan.
The land is all down to grass with a combination of gentle, moderate and in places steep north, east, south and west facing slopes.
The entrance to the land may be gained through a gateway in the south-east corner or through existing gateways (albeit grown in) off the Devon County Council owned track against the north boundary.

SERVICES

A mains water supply is connected to a cattle drinking trough near the entrance gate.

BASIC PAYMENT SCHEME

The land is registered with the Rural Payments Agency for the Basic Payment Scheme. However, there are no Basic Payment Scheme entitlements being offered for sale with the land.

PUBLIC RIGHTS OF WAY

There is one public right of way which crosses the land, as approximately shown by the green dotted line on the site plan.

SPORTING AND MINERAL RIGHTS

All sporting and mineral rights are included with the land as far as are known.

OVERAGE CLAUSE

An overage clause will apply in relation to the sale of this property such that 25% of the uplift in value will be paid to the seller (or their successors in title) in the event that planning consent is gained for change of use to residential or commercial. This clause will apply for a period of 30 years from the date of legal completion and this clause will be triggered on the date of planning consent being granted.

METHOD OF SALE

The land is being offered for sale by Private Treaty, as a whole or in up to 2 lots to suit buyers' requirements.

GUIDE PRICES

THE WHOLE - £375,000
Lot 1 - £175,000
Lot 2 - £200,000

VIEWING

Strictly by appointment with the Sole Selling Agents, Luscombe Maye of 62 Fore Street, Kingsbridge, TQ7 1PP. for details.

PLEASE NOTE

Pursuant to the Estate Agency Act 1979, the vendor of this property works in association with Luscombe Maye.