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Lot 4 - Marsh Land at Costessey, Norfolk - BY AUCTION

Auction Guide Price £70,000

Property Details

The Land: A fantastic opportunity to acquire a parcel of marshes and woodland in a quiet countryside location close to the city with 750m of full Fishing Rights to the River Wensum. The land extends to 9.514ha (23.51ac) (edged in red on the plan). A wildlife haven with a mix of grassland, reed beds, woodland, scrub, interior dykes, and ponds. A wide variety of birds can be seen as well as Red, Fallow and Muntjac Deer.

The land is within a Higher Level Stewardship agreement which the purchaser will be expected to continue. The land was fenced under the scheme in 2015. 8 BPS entitlements are included in the sale of the land should the purchaser require them, the 2019 claim payment will be retained by the seller. Income from HLS and BPS payments for this land is approximately £3,500pa.

Full shooting and timber rights are in hand and included with the sale. A 50% uplift clause for residential development and full mineral rights have been reserved by a previous owner. Please see legal pack for more information.

Directions: At the Long Water Industrial Estate and Norfolk Showground exit off the A47, take the roundabout right towards Long Water and take the second exit on the Next Retail roundabout signposted A1074 New Costessey. Take the first left hand turn at the traffic lights onto Long Water Lane and then turn right at the T-Junction towards Costessey and go straight over the mini-roundabout onto The Street continuing through the village. After approximately half a mile, turn right onto Folgate Lane and shortly after on the bend turn left (straight on) onto St Edmunds Close and continue straight onto a dirt track signposted Public Bridleway. Follow the farm track for approximately half a mile (following a left hand bend), and cross over the Marriotts Way cycle path and the land can be found at the end of the track advertised by a TW Gaze For Sale board attached to a red metal gate.

4x4 access is required, the track is bumpy in places so please drive carefully.

Agents Note: There are cattle currently on the land so do take care, they will be removed following the sale of the land.
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Call 01379 641 341 for more details on this property

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