Land At Royston, Royston, Hertfordshire, SG8 9NW | Property for sale | Savills
161.88 Ac(65.51 Ha)
Excess of £1,950,000

Land At RoystonRoyston, Hertfordshire, SG8 9NW

  • Under offer
  • Freehold
Farm
161.88 Ac (65.51 Ha)

Key features

  • A unique opportunity to purchase a parcel of strategic land
  • Approximately 161.88 acres (65.51 hectares)
  • Logical and highly sustainable location to assist with the future growth of Royston (subject to planning)
  • An opportunity to deliver Biodiversity Net Gain units for use or subsequent sale
  • The property is offered with no adverse planning history
  • Tenders are to be submitted by email to ocarr@savills.com no later than 12 noon on Wednesday 14th June 2023.

A rare opportunity to acquire strategic freehold land within the parish of Royston

About this property

  • The property is offered for sale as a whole by informal tender. Tenders are to be submitted by email to ocarr@savills.com no later than 12 noon on Wednesday 14th June 2023.

    Location
    The land is located towards the southern boundary of Royston in Hertfordshire. It is located within the Royston parish boundary.

    Description
    The land is accessed direct from the A10 along its eastern boundary, via Briary Lane from the north or on from the Vendors' retained land to the west (on a temporary basis).

    The property has been farmed in an arable and environmental rotation and comprises 4 large fields with small areas of copse. The land is classified as Grade II with the soils being a chalky loam. The Vendors, or their contractors, will be interested in continuing to farm the land should a Purchaser so wish. The property is entered into the Basic Payment Scheme for which for which 65.3443 entitlements will be available for transfer to the Purchaser. The land is entered into a Mid-Tier Countryside Stewardship Scheme terminating on 31 December 2025. The Purchaser will be required to continue elements of this scheme from completion.

    Planning
    The property falls within the jurisdiction of North Hertfordshire District Council whose Local Plan was adopted in November 2022 covering the period from 2011 – 2031. The Local Development Scheme, also published in November 2022, alludes to the commencement of an early review of the Local Plan by the end of 2023.

    This site offers the opportunity to purchase a significant parcel of strategic agricultural land adjacent to a thriving town with planning potential for a change of use.

    These opportunities could include delivering Biodiversity Net Gain (BNG) units, carbon offsetting or the creation of areas of green space to compliment or enable any proposed development.

Local information

  • Royston is a thriving town with a population of 17,500 (2021) and acts as a commuter town for both London and Cambridge. The town sits at the junction of the A10 and A505 roads, both of which are main arterial roads across the county. Royston is convenient for fast links to London and the north, as it is only a short distance from both the A1(M) and M11 motorways. Royston is on the east coast trainline with a journey time to London Kings Cross of 39 minutes and Cambridge, 15 minutes.
  • The town of Royston offers a wide range of supermarkets, high street shops, pubs and restaurants, along with other community, amenity and recreational facilities.

Additional information

  • The property will be sold subject a deed of covenant entitling the Vendors to benefit from 35% of any uplift beyond agricultural value resulting from the granting of consent for any non-agricultural use for a period of 50 years. The overage payment will be triggered by the granting of a planning consent or a sale of the land. For more information, please contact the Vendors' Agents.
  • Directions: The land is accessed direct from the A10 along its eastern boundary, via Briary Lane from the north or on from the Vendors retained land to the west (on a temporary basis).