Overage Deed, Land on the South-East Side of Malton Road
- Land size
- 26.74 acres
Key Features
- Overage deed for sale by private treaty
- Secured on 26.74 freehold acres
- 20-year term until May 2042
- Triggered by planning permission grant
- Payment calculated as 40% of uplift
- Fixed base value of £250,000
- Strategic location near York
- Extensive frontage to the A64
- Obligation to pursue planning consent
- Potential for significant future payment
Description
FEATURES
Overage deed for sale by private treaty
Secured on 26.74 freehold acres
20-year term until May 2042
Triggered by planning permission grant
Payment calculated as 40% of uplift
Fixed base value of £250,000
Strategic location near York
Extensive frontage to the A64
Obligation to pursue planning consent
Potential for significant future payment
OVERVIEW
John Pye Property is pleased to offer for sale the beneficiary interest in an Amended Overage Deed, secured against a significant parcel of freehold land located on the southeast side of Malton Road, York.
The subject land comprises an undeveloped and generally level site of approximately 26.74 acres (10.82 hectares). It is strategically positioned with extensive frontage to the A64, providing excellent transport links to York, the A1(M), and the wider national motorway network. The site adjoins the Malton Road Industrial Estate and is situated in an area characterised by a mix of agricultural and commercial use.
The asset for sale is the right to receive a future payment under the terms of an Amended Overage Deed dated 13 May 2022. This agreement has a 20-year term, expiring in May 2042. An overage payment becomes due upon the grant of planning permission for development on the land. The payment is calculated as 40% of the uplift in the land’s value, with the initial base value contractually agreed at £250,000.
The land possesses significant “hope value,” with the Overage Deed containing a specific obligation for the grantor to pursue planning consent for a net zero carbon business park.
Previous consultations have reportedly involved the University of York for a proposed “Bio Business Park”. While the site is currently designated as Green Belt, this presents a unique opportunity for an investor to acquire a valuable contingent interest in a strategically located development site with long-term potential.
Site Area (Subject Land)
The land subject to the overage deed extends to approximately 10.82 Hectares (26.74 Acres).
Tenure
The asset for sale is the beneficiary interest in the Amended Overage Deed dated 13 May 2022, which is secured by a restriction on the freehold title number NYK509873.
VAT
To be confirmed.
Flood Risk
Viewings
Please contact John Pye Property
Property details
- Tenure
- Ask Agent
- Council Tax Band
- Ask Agent
- Date Posted
- 2026-01-29
Utilities & Restrictions
Utilities
- Electricity
- Ask Agent
- Water
- Ask Agent
- Heating
- Ask Agent
- Broadband
- Ask Agent
- Sewerage
- Ask Agent
Rights & Restrictions
- Public Rights of Way
- Ask Agent
- Private Rights of Way
- Ask Agent
- Listed Property
- Ask Agent
- Restrictions
- Ask Agent
Property Features
- Accessibility
- Ask Agent
- Parking
- Ask Agent
- Garden
- Ask Agent
Market Value Analysis
Based on land listings in Yorkshire and The Humber (25+ acres).
Important notice: Information, maps and tags on this page are supplied by the advertising agent or generated automatically. LandSale has not verified them. Relying on these details is at your own risk, always carry out independent checks before committing to a purchase.
LandSale full disclaimer
Marketing information only - not formal particulars. The details on this website are provided for general guidance and do not constitute an offer or contract. Neither LandSale nor the advertising estate/land agent accepts responsibility for any inaccuracy.
1. Source of information
- Agent-supplied content: Core description, asking price, tenure, measurements, photographs and planning history are uploaded by the appointed agent, who remains solely responsible for their accuracy.
- Automated tags & categorisation: Property type, land-use class, acreage bands and similar labels may be applied by machine-learning models. They are intended as a helpful guide only and may not reflect the property's legal status or permitted use.
- Third-party & enriched data layers: Maps, boundary outlines, planning designations, soil reports, broadband coverage and other environmental or location-based insights are licensed from external suppliers. Such data are supplied “as is", may be incomplete or out of date and are subject to change without notice.
2. Verification required
Prospective purchasers must verify critical matters, including but not limited to planning permission, title boundaries, public rights of way, environmental constraints, acreage, services, access and VAT status, through their own inspections, specialist surveys, legal advisers and the selling agent before relying on the information or entering into any contract.
3. No warranty or liability
LandSale gives no warranty, express or implied, as to the accuracy, completeness or fitness for any particular purpose of the information displayed. LandSale shall not be liable for any loss, damage, cost or expense arising directly or indirectly from any use of or reliance on such information, save where liability may not be excluded by law.
4. Updates & feedback
If you believe any detail on this listing is inaccurate, please let us know. We will investigate and, where appropriate, update the listing or notify the agent.
© LandSale | Version 1.2 - January 2026
Listing agent
John Pye Property, Nottingham
James Shipstone House, Radford Road, New Basford, Nottingham, NG7 7EA
Enquire about this property
Contact John Pye Property, Nottingham
James Shipstone House, Radford Road, New Basford, Nottingham, NG7 7EA
View agent profile