Points Of Interest
 Paize

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For sale

Poughill,
Bude, EX23 9EZ

Guide price £175,000
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Key Features

  • 2.4 ha (5.93 acres) of currently Let Farmland / Amenity Land with strategic development potential on the eastern edge of the town between Bude and Poughill.
  • Adopted Highway to boundary
  • Popular North Cornwall Town
  • Cornwall Council Interim Policy Position Statement encourages growth in sustainable settlements.

Additional Information

2.4 ha (5.93 acres) of farmland/amenity land with strategic development potential, positioned on the eastern edge of Bude adjoining existing residential areas. The Property is being marketed on an Unconditional basis, with an Overage Agreement of 50% for 20 years, by Informal Tender. Further details can be requested from the appointed agents.

Location & Property
The Property is on the eastern edge of Bude, with a current agricultural access onto the main road, as well as a Public Right of Way on the western boundary running through it. There is significant road frontage and adjoins the built up form of Bude on the western boundary as the Plan indicates. It is located within the popular coastal town of Bude, which has an extensive range of shopping, schooling and recreational facilities The current population of Bude is 10,600 (2021 census). The Land slopes to the south, with a mature tree lined hedge bisecting the 2 fields, and has most recently been used for grazing. Lot 2 (and part of Lot 1 – Paize House) are subject to an existing Farm Business Tenancy, which expires 1st May 2034, at an verall annual rent of £1,000 pa.
Planning & Development
The Land is not allocated currently for development in the Cornwall Council Local Plan, and is adjacent to the current Settlement Boundary, but not currently within it. It therefore has potential for promotion for potential strategic development in the future, either through the Cornwall Council Interim Policy Position Statement April 2025 via rounding off, infill, or exception sites; or the Local Plan Review. Note, the Property has not previously been put forward in the Call For Sites. Cornwall Council within the new Standard Housing Methodology have to find c. 88,000 new homes over the next 20 years, and therefore are keen to discuss new land opportunities. The current Bude-Stratton Neighbourhood Plan is dated February 2016 and only covers the period 2016-2030 Buyers should make their own investigations.
Services
Buyers should make their own enquiries.
Joint Sole Agents
By appointment only with the joint sole agents: Bond Oxborough Phillips, Bude – 01288 355066 | bude@bopproperty.com Jackson-Stops Exeter Land & New Homes – 01392 229923
Method of Sale
The Property is being marketed on an Unconditional basis, with an Overage Agreement, by Informal Tender which has been set for 5th November 2025. Further details in the covering letter.
Lot 1
Lot 1 is currently being marketed by ourselves for a guide price of £1,000,000. Further details can be provided upon request.
Agents Note
No Build Zone – The Marketing Plan shows a ‘no build zone’ – There will be a Covenant entered into for the benefit of Lot 1 to ensure no Development takes place in this zone. Services, Open Space and will be permitted, but not the construction of Dwellings or other Buildings, in order to protect the view from Lot 1. Overage - Lot 2 will not be able to be fenced until the FBT has ceased. The same FBT is in situ until 1st May 2034 and will be subject to an overage clause of 50% for 20 years triggered upon Grant of Consent. Easements – Lot 2 will benefit from Easements over Lot 1 for the purposes of services, including laying pipework and headwalls for surface water disposal into the watercourse located on Lot 1.

It's good to talk

01288 355066
Bude Branch, 34 Queen Street, Bude, EX23 8BB
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