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Our Summary
- Potential Development Opportunity
- A potential development opportunity extending to approximately 3
- Description - An exciting opportunity to purchase a potential development site extending to approximately 3
- The selling agents believe that the land may hold development potential due to its location to the village
- The existing buildings hold potential for conversion from their current agricultural use to provide several residential dwellings (subject to planning), or alternatively an opportunity to seek planning consent for a knock down and rebuild within the existing footprint
- The wider site holds potential for a larger residential development scheme
- Overage Clause - The property is sold subject to an existing overage clause originally granted for a period of 21 years from 1st March 2012 capturing 50% of any uplift in value as a result of any development on the property for a non agricultural use
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Description
The property consists of approximately 3.93 acres (1.59 hectares) of agricultural pastureland in a rural village location in Kirton, Nottinghamshire. The land has direct access off Main Street and is bordered by residential development and agricultural land. It includes four agricultural buildings:
* An open-fronted steel portal framed building with a concrete floor extending to approximately 2,580sq.ft. * A steel portal frame building with red brick walls and concrete floor extending to approximately 2,325sq.ft. * A steel portal frame building with timber cladding extending to approximately 2,800sq.ft. * A timber cart hovel with corrugated iron roof extending to approximately 1,930sq.ft.
The land has road frontage to its eastern boundary and is located near the Boughton Dyke, with parts of the land in Flood Zone 2 and 3 areas.