Call us now on
01582 788870
Call us now on
01582 788870
SOLD
Moor Lane, Willoughby, Rugby, Warwickshire, CV23 8BU
A rare opportunity to own over 33 acres of pasture land for sale with permission to erect a large agricultural storage building near the entrance of the site. This building measures 30m x 15m and totals 450m2 (4,843 sq ft).
Though there is a long-held aim at County and District level to resist new residential development in the open countryside, one of the few exceptions to this rule is the provision of agricultural workers’ dwellings, where it can be clearly demonstrated that such are essential to the needs of a viable agricultural enterprise.
Construction of this agricultural building could possibly lead to permission being granted for a mobile home on the site upon commencement of an agricultural enterprise. Furthermore, subject to the development of a sustainable business in agriculture, permission for a house could possibly be granted after three years.
The land benefits from excellent gated access and extensive road frontage. A small pond can be found on the southern boundary providing a natural water supply. The field is characterised by gently undulating, lush grassland and well defined boundaries of mature hedgerow and trees.
The site enjoys the benefits of the rural countryside, yet has a sense of residential inclusion, being located on the edge of Willoughby. This, combined with superb transport links increases the land’s investment potential.
The site benefits from 572 metres of road frontage onto Moor Lane (a well maintained public highway), where there is a gated access point via a tarmac entrance into the land.
The land is offered for sale by private treaty as a whole. The freehold is available with vacant possession upon completion.
Permission has been granted to erect an agricultural building for the storage of feed, produce and machinery, measuring 30m x 15m being 5m to the eaves and 7.5m to the ridge.
The total size is to be 450m2 (4,843 sq ft) and it should be constructed of a steel portal frame, concrete block and box profile sheet walls and box profile sheet roof.
The development must be carried out within a period of 5 years (from 28 Jan. 2008).
The land is designated within the Greenbelt and any further development would be subject to planning permission.
The land is classified as Grade 3 (good to moderate) on the agricultural land classification map of England and Wales. The soil type is believed to be a medium heavy loam suitable for grassland and considered ideal for agricultural uses.
Land supply remains at a record low, but growing demand sees land values edge higher
The average price of land purchased by lifestlye buyers in the West Midlands increased by 5% last year. The amount of land coming onto the market remains at an all-time low. This record low level of supply continues to underpin the growing demand for land, a trend which is expected to continue in 2021.
Lifestyle and amenity land has been particularly sought after as Covid-19 increased the desire for more green space.
Demand from private investors and lifestyle buyers has grown and together they have accounted for 40% of land purchases in the last three years. There has also been an increased number of overseas buyers as the pound remains relatively weak.
With bank interest rates remaining low, land continues to be seen as a safe, long-term investment – particularly during times of economic uncertainty.
If you are looking to buy land in a different location, why not take a look at:
The land is available freehold as a whole.
| Lot | Size | Guide Price |
|---|---|---|
| A | 33.45 acres | SOLD |
Moor Lane, Willoughby, Rugby, Warwickshire, CV23 8BU
52.296, -1.25015
Rugby Borough Council
Rugby and Daventry are both linked via the A45, which leads to the M45 motorway leading to Junction 17 of the M1. This, combined with the nearby A5, provides good access to the North and South as well as further motorway links.
Rugby railway station connects Willoughby with several major UK destinations, with direct services to Coventry, London and Birmingham in under an hour. Liverpool, the European Capital of Culture, can be reached in under two hours.
The surrounding area is very diverse. The nearby village of Dunchurch has won the “Best Kept Village” award for the last four years.
Further afield lies Coventry, one of the largest cities in the country and home to two prestigious universities. The growing town of Northampton can be found to the south.
* Journey Times: 12 mins to Coventry; 46 mins to Birmingham; 52 mins to Crewe; 59 mins to London Euston; 1 hr 47 mins to Liverpool
To arrange a site visit or to buy the land for sale at Pear Tree Farm in Willoughby; please call 01582 788870 or email enquiries@vantageland.co.uk.
The Property Misdescriptions Act 1991
Vantage Land Limited has produced these particulars in good faith but cannot guarantee total accuracy. Sizes and distances are approximate. Purchasers should verify any detail of importance prior to viewing and purchase. The particulars are not an offer or contract. Comments made in general advertising may not apply to this particular property and of course planning permission cannot be guaranteed.
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