Land for sale
Key information
Property description & features
- Tenure: Freehold
*For Sale By Online PublicAuction . To inspect the legal documents for this property go to our website to download the legal pack*
Overage Rights on A Former Quarry Site of Approximately 10.6 Acres
Tenure
Overage Rights Over The Land (Not Ownership of The Land)
Location
Lower Vern Quarry comprises some 10.6 acres strategically located some 8 miles from Hereford City and 7 miles from Leominster. The site benefits from its own access to the highway with the remaining 8.5 acres forming part of the initial quarry and potential landfill site.
Description
The property comprises overage rights on a former quarry site of approximately 10.6 Acres.
Note
The site area depicted within the plan in the auction particulars is for indicative purposes only. Additionally, any measurements stated may not be exact. Some or all of the plot may comprise adopted highway land and if the site has trees, there may be Tree Preservation Orders in place. Buyers should rely on their own enquiries with regard to precise measurements, any consents or rights over the land and any possible development potential or alternative uses for this site.
The site benefits from its own access to the highway with the remaining 8.5 acres forming part of the initial quarry and potential landfill site. We have been advised that in the 1960s the property was owned by British Rail who extracted some 200,000m of clay for the construction of the railway line. More recently the site has been utilised for gravel extractions and it is understood that there is an estimated 150,000 tonnes of extractable gravel remaining on the site and therefore creating a landfill void opportunity of some 350,000cubic metres.
Prospective buyers are deemed to rely on their own enquiries.
Note
PlanningThis lot comprises certain overage rights relative to the former Lower Vern Quarry which may have potential for further extraction (subject to obtaining all necessary consents). The seller has advised that the site is considered suitable for further gravel/mineral extraction followed by a restoration plan, which would involve landfill possibly of a newer material. Such a development would require planning permissions together with environment agency licences etc. and upon granting of these planning permissions the beneficiary of the overage provision shall be entitled to 20% of the increase in land value. This overage provision lasts for 80 years from December 2011 and includes the right for the beneficiary of the overage provision to instigate their own planning permission and therefore benefit from 20% of the increase in land value as a result of planning permission being granted. Please refer to the legal pack for more information.
Open Site
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Broadband availability and predicted speed: obtained from Ofcom on January 15, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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