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Studio, in Austen Fen, £305,000
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0 bed property

Austen Fen, Grainthorpe, Louth LN11
Planning
£305,000

Our Summary

  • Overage ClauseAll Lots will be for sale subject to an overage clause whereby 30% of the uplift in value for any non-agricultural use is payable to the Vendors or their successors in title upon the earlier event of either the grant of planning permission, or the sale of the Land for a term of 30 years from the date of completion

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Description

Approximately 226.22 acres (91.55ha) of productive Grade 3 arable land are offered for sale. The land consists of deep stoneless clayey and fine loamy soils, suitable for growing a variety of cereal crops and grass leys. Access is via a legal right of way over a grass track owned by a third party.

The land has functioning underdrainage schemes and benefits from existing wayleaves, easements, and quasi-easements. Some sections of the land are located in Flood Zone 3 for both sea and fluvial flooding, which may affect its use.