Land for sale

Stow Road, Bourton-On-The-Water, Cheltenham, Gloucestershire GL54

Rare opportunity to purchase North Cotswold holding

Description
Meadow Farm comprises about 153 acres of level of arable and pastureland together with an exceptional set of farm buildings located just south of Stow-on-the-Wold in the heart of the North Cotswolds.

The land is currently all pasture, other than a small block of planted woodland in the centre of the farm. In previous years two of the fields have been cropped in an arable rotation. A particular feature of the farm is the mature hedgerows and specimen trees and the farm has been organic for a number of years.

The farm buildings were previously a dairy farm and as a consequence there is a sizable square footage of farm buildings. In addition to the covered space the farm also benefits from extensive concrete aprons and silage pits.

Interested parties should note that the cottages are excluded from the sale.

<b>Environmental Schemes</b>
The land is certified Organic by the Soil Association.
The land is subject to a Higher Level Stewardship scheme.

<b>Services</b>
Mains water – there will be an obligation for the purchaser to supply the cottages at Meadow Farm. The owners of the cottages will be obliged to pay an annual bill according to usage. The cost of the water being the same as the statutory price per unit of the supplier.

Drainage – the cottages septic tank drains is located in field 1336 and an easement will be granted for the tank to remain there.

Fosse Manor Hotel have an easement to locate their reed bed sewerage system in field 7522. The reedbed is located as 6914.

Mains electric

<b>Wayleaves, Easements & Rights of Way</b>
There will be a right of way granted over the initial part of the Hyde Mill House drive to access fields 7522 and 5616. The right of way will be limited to light agricultural vehicles only and for agricultural purposes only. There will be an obligation to contribute to the maintenance of the drive according to use.

Meadow Farm cottages will retain a right of way over the
access to Meadow Farm.

<b>Holdover</b>
There will be a right of holdover for the storage of hay and
straw in the farm buildings until the end of February 2025.

<b>Restrictive Covenant</b>
There will be a restrictive covenant over the land hatched
blue which will require that field to remain in agricultural
use only and will prevent the erection of buildings.

<b>Overage / Uplift Provision</b>
The farm buildings, as hatched in red, will be sold subject
to an uplift provision to the benefit of the Vendor whereby
they will benefit from 20% of any uplift in value arising
from the implementation of any planning permission for
any residential development of the site. This overage
period will be 30 years from the date of sale.



Acreage:
153 Acres

Directions
Viewing
Strictly by appointment with Savills.

Prior to making an
appointment to view, we strongly recommend that you
discuss any particular points which are likely to affect your
interest in the property with a member of staff who has
seen the property, in order that you do not make a wasted
journey.

Post Code
GL54 2EZ

Directions
Proceed south on The Fosse way from Stow on the Wold
pass the Fosse Manor Hotel and shortly thereafter the
entrance will be found on the right hand side.