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Land
NETTLETON, Normanby Road, LN7
Land Planning
£135,000
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Our Summary
- Planning permission was granted in 1995 for the erection of a block of 4 stables on the land, under the planning reference: W66/681/95
- Tenure & Possession The land for sale freehold and with the benefit of vacant possession
- Development Clause The land is offered for sale subject to a development clause, whereby 50% of any uplift in value (resulting from an alternative use) in excess of the existing value, is reserved to the current owner for a period of 50 years, commencing from the date of completion
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Description
The property consists of an irregular-shaped plot of approximately 13.04 acres, used as permanent grassland with access directly from Normanby Road via a double gateway. The land is situated in an Area of Outstanding Natural Beauty in Lincolnshire, within walking distance of the village of Nettleton, and is near the market towns of Caistor, Market Rasen, and Brigg. The property has a registered water supply and is suitable for horse grazing or growing hay, with potential for additional development.