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Our Summary
- Medium/long-term development potential, subject to planning consent
- DEVELOPMENT CLAWBACK The land is within the urban area of Keighley and it is considered that it may have development potential, subject to grant of planning consent
- The sale will be subject to a development clawback in favour of the sellers to provide that if any part of the land benefits from the grant of planning consent for a use other than agricultural or equestrian purposes during the period of 40 years from the date of sale, the sellers will be entitled to clawback 50% of any uplift in value arising from the grant of planning consent with payment becoming due on the earlier of the sale of the land with the benefit of planning consent or commencement of the development
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Description
The land is situated on the southern outskirts of Keighley, with access via a track leading from the junction of Oakworth Road and Exley Road. It is of undulating nature with a southerly aspect, interspersed with woodland blocks and mature trees. Suitable for grazing or horses, the land comprises separate fields enclosed by stone walls and fences, previously used for grass conservation purposes.
Access is from the north over a track, which is included in the sale, but also grants a pedestrian right of way to the adjacent cottage owners.