Guide Price £300,000
Milton Road, Adderbury, Banbury
A chance to acquire a parcel of grazing/arable paddock land just outside Adderbury village. Extending to just over 10 acres with planning consent to build a stable yard with hard surfacing, tack room, feed store & 6 stables. Good vehicular access from a shared driveway. Fabulous location with potential long term development opportunities.
Description - A genuinely rare opportunity to acquire a prime and well situated level parcel of grazing/arable land of just under 10 acres outside the village of Adderbury. The land has direct vehicular access from Milton Road and is screened by oaks and a mixture of 10 year old Heritage trees. Consent has been granted to construct a stable yard and hard surfacing to include a tack room, feed store and 6 stables. Ideal for horse owners, but may also interest investors with the longer term development possibilities. There is lawful development approval for equestrian usage.
Location - Situated between the popular and well served large villages of Bloxham and Adderbury, virtually opposite the long established nursery now owned by Ball Colegrave. The nearby villages provide excellent day-to-day facilities with a good choice of public houses, shop, post office, schooling and even a fish & chip shop! Junctions 11 or 10 of the M40 are a short drive away and Banbury town is just 2 miles to the north.
Local Authority - Cherwell District Council.
Telephone (01295) 252535.
Address: Bodicote House, White Post Road, Bodicote, Oxon OX15 4AA.
Planning permission was granted on the 21st January 2019 (18/01792/F) and can be viewed on the council planning portal.
Services - Mains electricity and water are nearby and can be brought on site at the new owners expense (a quote from Thames Water was obtained in 2017).
Viewing Arrangements - Please call the sole agents, (as full access cannot be gained without a member of staff in attendance).
Telephone (01295) 239665.
Opening Hours - Monday to Friday9am - 5.30pm
Saturday 9am - 4.30pm
Sunday By Arrangement
Previous And Other Potential Usage - Up until 1997, the land was used for a retail nursery. Approved permission was also granted (CHN. 441/92) to provide office accommodation, and retail plant growing and sales. After which time it has been utilised for the grazing of horses and growing hay. There is a mixture of grass pasture, 2 acres of Lucerne (for Lucerne hay production) and a selection of maturing trees planted along the Milton Road in 2009 by Nicholsons Nursery screening the site.
Overage Clause - The land will be sold with a 25 year covenant in place to address the potential for residential development over this specific period. The exact terms will only be finalised when a fully qualified offer has been accepted.
Proposed Stable Yard - Full drawings of the permitted buildings can be viewed with interested parties at our Banbury office on request.
Directions - From Banbury, leave town on the A4260 heading southbound. Continue directly through Twyford and go straight over the traffic lights as you enter Adderbury. Stay on this road heading towards Deddington, passing Fired Earth and the trading estate on your left. As you reach the summit of the hill, turn right in to Berryhill Road, sign-posted to Bloxham. Stay on this road, and just 400 yards after leaving Adderbury village, just after the two white Bell Colegrave signs across the road, you will see our Fine & Country board on your left hand side, For Sat Nav use OX17 3HN.
Agents Notes - All of the information given within this sales brochure is for general guidance purposes only. The OS map, drawings and digital photographs are taken from the actual site, along with the immediate location and the nearby village of Adderbury. All interested parties should seek professional advice with regard to the land and services before proceeding with the purchase.
- Approx 10 acres of Arable/Grazing Land
- Consent for 6 Stables & Yard
- Additional Tack Room & Feed Store
- Just outside of Adderbury Village
- Screened by a Buffer of Heritage Trees
- Good Access via a shared Driveway
- Secure Location adjacent to Open Countryside
- Long Term Development Prospects