House for sale

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House for sale

Ratcliffe Culey, Atherstone
£550,000

Our Summary

  • The land may hold potential for alternative uses subject to obtaining any necessary planning consents
  • Overage Clause - The land will be sold with an overage clause which will reserve 25% of any uplift in value attributed to any change of use or planning permission on the land for a period of 25 years

Description

This 32.35-acre arable land plot is situated in Leicestershire, between the villages of Ratcliffe Culey, Sheepy Magna, and Pinwall. The land is bordered by mature hedgerows and has four access points, with road frontage to Pinwall Lane and Ratcliffe Lane. The land is Grade 3 and has a relatively flat topography, currently in an arable cropping rotation with spring oats. It does not benefit from mains services, and the seller retains holdover rights to harvest the current crop in 2025. The property is being sold freehold with vacant possession, subject to an overage clause that reserves 25% of any uplift in value attributed to a change of use or planning permission for 25 years. The land may hold potential for alternative uses, subject to obtaining necessary planning consents.