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Our Summary
- Uplift/Development Clause The property will be sold subject to an uplift clause whereby the current vendors will receive 30% of any increase in value upon the granting of planning permission for residential and commercial development over a period of 25 years, from when the property is sold
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Description
This is a unique opportunity to purchase approximately 10.23 acres of woodland in Jacksdale, Nottingham, with direct access from Alfreton Road. The woodland is a mix of native trees, some natural and some planted 20 years ago, and benefits from a dropped curb for easy access. The site is bordered by the railway line and a public right of way, and adjoins the Smotherly Opencast to the south.
The property is being sold as a whole by private treaty, with the option to move to informal tender if necessary. It's also subject to an uplift clause, where the current vendors will receive 30% of any increase in value if planning permission is granted for residential and commercial development over the next 25 years.