- Approximately 12.14 acres (4.91 ha) of pasture land
- Direct roadside access from Church Lane
- Land split into three enclosures with central stream
- Freehold; currently let on Farm Business Tenancy until 29/09/2025
- Purchaser may need to erect fence if sold separately from Lot 2
- No mains services connected; buyers must make own enquiries
- Subject to 50% development uplift clause for 50 years
- VAT, covenants and existing easements may affect purchase
A rare parcel of grass pasture extending to approximately 12.14 acres (4.91 ha) on the western edge of Hoby. The land is primarily flat, divided into three enclosures and benefits from direct roadside access onto Church Lane, a small stream running through the centre, and mature hedgerows and trees to field boundaries. It is currently used for grazing and will be offered with vacant possession after 29 September 2025, subject to the existing Farm Business Tenancy.
This holding suits buyers seeking productive grazing, equestrian use or a long-term land investment in an affluent rural area. The plot’s size and shape make it straightforward to manage and it sits close to local facilities in Hoby and nearby Melton Mowbray. There are no buildings or mains services connected, so running utilities or erecting structures would require separate enquiries and permissions.
Important sale conditions affect value and future use. The land is sold freehold but is subject to a development uplift clause requiring payment of 50% of any increase in value from planning consents (excluding agricultural and personal equestrian use) for 50 years. If sold separately from neighbouring lots, the purchaser may be required to erect a new boundary fence and/or grant or receive rights of access. VAT, covenants and existing rights of way/easements may also apply.
Offers are invited by informal tender; guide price is £180,000. The information pack should be reviewed carefully to confirm tenancy details, covenants, service searches and any other statutory matters before bidding.
