Land South of Mattocks Lane

Description

The subject property is roughly rectangular in shape and comprises a total area of c.6 acres (c.2.42 ha) of vacant pasture/agricultural land.

Accommodation

Ttotal area of c.6 acres (c.2.42 ha)

Terms

The whole site is available with vacant possession. Offers invited.

SERVICES

As far as we are aware no services are connected to the site.

Prospective purchasers are advised to make their own enquiries as to the statutory service providers.

OVERAGE CLAUSE

The land is offered for sale subject to an overage/development uplift clause. If the use of the land is changed from agricultural or equestrian use, either through planning consent or permitted development rights (under the General Development Consent Order) then an ‘uplift’ (overage) would be payable to the vendors or their successors in title. This will be based upon 30% of the increase in Market Value of the property immediately before planning consent was granted (excluding hope value) and the Market Value of the property immediately after planning consent is granted but taking into account the terms of any such consent granted. The overage/development uplift will run for 30 years from the date of completion.