Tythrop Way, Thame, OX9

£1,500,000

Guide price

LAND AT TYTHROP WAY THAME OXFORDSHIRE OX9 3HF

The property comprises a block of strategically located land located to the north of Kingsey Road, Thame. Situated between Chinnor Rugby Club to the south and Moorend Lane to the north the land is in arable production and sold subject to an agricultural Holdings Act Tenancy and the unexpired term of a Promotion Agreement.

In all about 51.47 acres (20.83 ha).

For sale by private treaty as a whole

LAND

The land amounts to 51.47 acres (20.83 ha) in a singular block previously having been growing maize. The land is classified as Grade III being further characterised as freely draining acid and sandy soils well suited to its current uses.

PLANNING

The land is sold subject to a promotion agreement which is due to end on the 27th September 2027. The mechanisms within this provide for the promoter to take a percentage of the end sale price. Further details available upon request.

POSSESSION

The land is currently occupied by way of an Agricultural Holdings Act 1986 Tenancy with the current rent being just over £3,750 per annum. Further details available upon request.

METHOD OF SALE

The land is offered for sale by private treaty as a whole.

OVERAGE

It is anticipated that an overage will be placed on the land on disposal and purchasers should give consideration to this.

VIEWINGS

Interested parties may view the property unaccompanied and with details to hand and on notification to the selling agent. Access is to be taken from the gateway on Moorend Lane.

Arrange viewing 01865 708658

Carter Jonas - Oxford

Mayfield House, 256 Banbury Rd, Oxford

See all properties from this agent

Send me homes like this by email