This land parcel presents a noteworthy opportunity for those interested in developing or investing in property near the village of Dearham. Spanning approximately 4.2 acres (1.7 hectares), the site is currently designated for agricultural use, but its versatility allows for potential applications in equestrian activities or other amenity developments.
The location benefits from its proximity to Dearham, a well-regarded village that provides essential amenities such as a convenience store, petrol station, pub, primary school, and church. Additionally, larger towns like Cockermouth and Maryport are just a short drive away, offering more extensive services and facilities.
Access to the land is conveniently situated via Row Brow Park, making it easily reachable for both personal use and potential business activities. Importantly, there may be options for future development subject to obtaining necessary permissions from local authorities.
While there are currently no planning applications associated with the property, interested parties are encouraged to conduct their own inquiries regarding possible uses and development opportunities. There is also an existing Sustainable Farming Incentive Agreement that could provide benefits under current agricultural practices.
It should be noted that the property is subject to a clawback clause in favor of the vendor for the next 25 years, which stipulates a 30% uplift in value if planning permission is granted beyond its current agricultural use. Prospective buyers should consider seeking professional advice when exploring planning consents and assessing investment possibilities.
Overall, this parcel of land not only offers immediate utility but also significant renovation or development potential, making it an attractive prospect for those looking to invest in a growing area.
