Land for sale in Stubbington, Fareham, Hampshire PO14

Lucrative opportunity with development potential on the North, East and Western edges of Stubbington

Description
<b>location:<b/>
Stubbington is located on the south coast between Portsmouth and Southampton. Portsmouth, known as the Island City, has a rich naval history displaying the hms Victory and multiple Museums. Southampton, is well known for being one of the UK’s major ports as well as the cultural scene, as a result of numerous theatres, galleries and music venues. Both cities are extremely well connected by both road and rail. The A3 and M3 provide convenient motorway links. Typically direct train times to London take 80 mins from Southampton and 2 hours from Portsmouth.

The beaches and scenic coastal areas of the south coast are in the proximity of Stubbington, allowing for convenient outdoor walks and other activities.

<b>the land:<b/>
The land at Stubbington totals approximately 123 acres and is offered for sale as a whole and in 3 Lots. The land has been worked and managed under an annual contract farming agreement which terminates no earlier than September 2024.

All 3 lots are conveniently located with good road access and present a fantastic opportunity on the south coast. Being situated between Southampton and Portsmouth renders the land as a potential edge of settlement development location with convenient motorway and road links. This opportunity could represent a potential strategic edge of settlement development, subject to gaining the necessary consents, as well as an opportunity for natural capital and biodiversity net gain.

<b>Lot 1: 35.76 Acres<b/>
Divided into two fields and located close to the northern boundary of Stubbington. The larger field on the western side
of Peak Lane and the smaller paddock to the east, the Stubbington Bypass Road runs adjacent to the southern boundary. The smaller paddock included under the policy ha 55 in the Strategic Land Use Framework Plan.

<b>Lot 2: 55.69 Acres<b/>
The land is situated on the western edge of Stubbington and is a mixture of 42.63 acres of arable land and 8.67 acres of woodland.

<b>Lot 3: 31.26 Acres<b/>
The land is located on the Eastern edge of Stubbington, surrounding Meoncross School. Each lot’s field boundaries are protected and secured, work is ongoing to further mitigate public access. The two fields in the north west corner are currently leased out to the equestrian centre and are subject to the sale.



Acreage:
123 Acres

Directions
Postcode: PO14 2EF.

What3Words:
Lot 1 – delay.intersect.stubble.
Lot 2 – blink.drive.drifting.
Lot 3 – covers.sprinting.woes.
What 3 words gives every 3m x 3m square in the world a unique 3 word address. This one describes the precise access to the property.

Additional Info
<b>Rights of Way:<b/> The property is offered subject to, or with the benefit of all wayleaves, easements, quasi easements, rights of way, covenants and restrictions whether mentioned in these particulars or not. There is a public footpath crossing lot 1.

<b>Tenure and Possession:<b/> The freehold of the property is offered for sale with vacant possession.

<b>Overage:<b/> Due to the significant opportunity and value attributed to the strategic planning opportunities, two Overage Deeds have been prepared in advance and a purchaser will be required to agree a) to an overage of 50% for any Residential, Commercial development and b) an overage of 50% for any Biodiversity Net Gain both lasting for 30 years from the date of completion. A copy of the overage deeds can be supplied upon request.

<b>Basic Payment Scheme (bps):<b/> Basic Payment Scheme entitlements are not included in the sale.

<b>Minerals and Sporting Rights:<b/> In so far as they are owned, they are included in the sale of the property.

<b>Method of Sale:<b/> The property is to be sold as a whole by private treaty.

<b>Designations:<b/> The property is not within any legal designations.

<b>Wayleaves, Easements and Rights of Way:<b/> The property is sold subject to and with the benefit of all rights, including rights of way, whether public or private, light, support, drainage, water and electricity supplies and any other rights and obligations, easements and proposed wayleaves for masts, pylons, stays, cables, drains and water, gas and other pipes, whether referred to in the Conditions of Sale or not.

<b>Local Authority:<b/> Fareham Borough Council . Hampshire County Council .

<b>Viewing:<b/> Strictly by appointment with Savills.