Land for sale

Strategic land, with a small range of farm buildings, between the Pathfield Business Park and the B3226 on the outskirts of the town. The land extends, in total, to approximately 6.96 Acres (2.82 Ha).


LAND
The land is situated to the north of South Molton. It comprises gently undulating agricultural land with access leading directly off the B3226.
The land lies close to the northern edge of the town, bound to the east by the Pathfield Business Park and to the south west by the B3226, with access enjoyed therefrom. Agricultural and amenity land adjoins to the remaining boundaries.
The land has been extensively farmed in recent years and is currently utilised for livestock grazing and fodder production, divided into three convenient pasture fields, with some wetter rush areas. A small range of dilapidated agricultural buildings in the south east corner comprise a part open fronted Machinery Store, approx. 7.4m x 4.7m, with an adjoining Tractor Shed, approx. 6.5m x 3.2m, and further lean-to.
The land may be suited to a range of agricultural enterprises, although its convenient location and aesthetic appeal may also make the land suitable for a variety of conservation, equestrian or other amenity uses, subject to any necessary consents.
The land, in total, extends to approximately 6.96 Acres (2.82 hectares) as shown shaded in red on the attached identification plan. The plan is shown for identification purposes only and is not to be relied upon.

PLANNING
The land falls outside of the built-up area and development boundary for South Molton. It does not fall within the national designation of Natural Landscape (Area of Outstanding Natural Beauty or Site of Special Scientific Interest) or local designations. The land is within the SSSI Impact Zone; however, this should not prevent future potential development.
North Devon & Torridge Local Plan (2011-2031)
The joint North Devon and Torridge Local Plan (2011-2031) was adopted on 29th October 2018. In this plan the land immediately to the north is allocated under planning policy SM03(1) (Pathfield Business Park). An extract of the proposals map is included in this sale brochure.
North Devon & Torridge Local Plan (Emerging)
North Devon & Torridge District Councils will be undertaking a review of their Local Plan in due course.

Development Opportunity
The land may offer a development opportunity to extend the allocation, which is to the north, and development of Pathfield Business Park to the east. It may offer potential for a range of uses, subject to allocation within the emerging Local Plan and grant of planning permission for the same.
LOCAL AUTHORITY
North Devon Council
Lynton House
Commercial Road
Barnstaple
Devon
EX31 1DG

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TENURE AND POSSESSION
The seller owns the freehold (title absolute) of the land being offered for sale.
The land is registered with the Land Registry, under title No. DN225383.

SERVICES
The land is sold without any mains services of any kind. It may benefit from some seasonal natural watering.
All interested parties should make their own enquiries of the Statutory Utility Providers.

BASIC PAYMENT SCHEME
The Basic Payment Scheme has now ended and the land will be sold without any entitlements or de-linked payments.

AGRI-ENVIRONMENT SCHEMES & DESIGNATIONS
We understand that the land is not currently entered into any agri-environment schemes.
The land lies within a Nitrate Vulnerable Zone.

OVERAGE PROVISION
The seller’s preference is for an overage provision to be contained within the sale contract. The overage will be 25% of the uplift between the price paid for the land on the date of completion of the sale and the market value of the land on the date of expiry of the judicial challenge period following the date of grant of a planning permission (reserved matters pursuant to an outline or detailed) (the trigger event) for development. This will occur on each and every occasion there is a permission. The term of the overage will be for 20 years from the date of completion of the sale of the land. The additional payment will be due on the date of the latter of agreement or determination of it. Development means all types of development, the facilitation of development and value on the adjoining land (i.e. delivery of access) and use of the land for other non-development uses such as natural capital (carbon trading, phosphate and nitrate mitigation and biodiversity net gain). 

RIGHTS OF WAY, WAYLEAVES, EASEMENTS
The sale is subject to all rights of support, public and private rights of way, water, light, drainage and other easements, quasi-easements, all or any other like rights, whether mentioned in these particulars or not.

METHOD OF SALE
We are offering the freehold for sale by informal tender, with vacant possession on completion. Informal tenders are to be received in writing and on the attached ‘Form of Tender’ at the Agents office, 23 Broad Street, South Molton, Devon, EX36 3AQ, by no later than 12 noon on Friday 5th July 2024 in a sealed envelope clearly marked “Tender for Land Adjacent to Barnstaple Road”.
Any tenders received will be subject to contract and the Seller is not obliged to accept the highest nor any other offer.

SALE PRIOR
It is possible that the property may be sold /withdrawn prior to the tender date. Interested parties are advised to register their interest with the selling Agents and it is their responsibility to check with the Agents whether the land will be offered or whether it has been sold/withdrawn.

GUIDE PRICE
Price on application.

VALUE ADDED TAX
The seller has not (and shall not) opt to tax; therefore, Value Added Tax (VAT) will not be payable in addition to the purchase price. All interested parties should make their own enquiries of HMRC.

VIEWINGS
All viewings are strictly by appointment.

HEALTH AND SAFETY POLICY
Our Health and Safety policy requires all interested parties undertaking viewings of this land to be accompanied by a member of our staff. They must wear their own Personal Protection Equipment (PPE). If interested parties do not adhere to our policy and view the land unaccompanied or without PPE then they do so at their own risk and we/the seller cannot be held liable for any personal injury or associated claim for compensation.

PLANNING DEPARTMENT
Our Planning department will be delighted to provide prospective buyers with planning advice. The department’s telephone number is:[use Contact Agent Button] and its email address is: [use Contact Agent Button]
Our Planning Service brochure is available, via the link, set out below:-

IMPORTANT NOTICE
Greenslade Taylor Hunt, their clients and any joint agents give notice that:-
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 Greenslade Taylor Hunt has not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.
3. We have not made any investigations into the existence or otherwise of any issues concerning pollution of land, air or water contamination and the purchaser is responsible for making his own enquiries in this regard.
Photographs taken April 2024

The historic market town of South Molton is located within the administrative district of North Devon Council (NDC). It has a population of approximately 6,226no. residents (2021 Census).
South Molton lies approximately 11 miles south-east of the North Devon regional service centre of Barnstaple. The north coast is easily accessible with lovely sandy beaches at Instow, Saunton Sands, Croyde Bay, Putsborough and Woolacombe. The Exmoor National Park to the north offers beautiful moorland scenery with many foot and bridle paths.
South Molton has a thriving local community and serves a large rural catchment area, providing a good range of ecclesiastical, educational, cultural, employment, leisure and shopping facilities and amenities that reflect the town’s role as a locally important service centre. These include (but are not limited to): a cottage hospital, health centre, primary and secondary schooling, Sainsbury’s supermarket, swimming pool, heritage museum, bespoke shops, public houses, restaurants, rugby and football clubs. The town is renowned for its award winning and twice weekly pannier market.

COMMUNICATIONS
Road - The land has road frontage and gated access onto Barnstaple Road, which directly links South Molton to the A361 North Devon link road at the nearby Northgate roundabout. The A361 provides easy access to the larger regional centres of Barnstaple and Bideford, as well as Tiverton and the M5 motorway (Junction 27).
Bus - There are regular bus services within the town, which run between Barnstaple, Tiverton and Exeter.
Rail - Barnstaple railway station is approximately 11 miles to the west. This provides branch line services to Exeter St Davids (which has mainline services to London Paddington) and Exeter Central (which has mainline services to London Waterloo). Mainline intercity rail links are also available at Tiverton Parkway (London Paddington approx. 2 hours).
Air - Exeter Airport is approximately 36 miles to the south-east. This provides scheduled and chartered flights to a range of national and international destinations.