Land for sale

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Land for sale

Balmedie AB23
£465,000

Our Summary

  • Development Potential
  • Although the land is not currently zoned in the Aberdeenshire Local Development Plan 2023, there have been various bids for development put forward for the site in recent years, with the vendors having carried out significant work to plan for the potential of future development
  • The land is subject to an obligation from the Purchaser in favour of the Seller (and their successors in Title) to pay 25% of the uplift in value occurring as a result of gaining any non-agricultural planning consent in the period of 25 years from date of completion of sale

Description

The former East Aberdeenshire Golf Course at Millden is a 62-acre property located in a rural area of Balmedie, just off the Aberdeenshire coastline. The property is situated near the village of Balmedie, which offers local amenities and a 10-minute walk from the property. The land is characterized by gently rolling permanent pasture and mixed semi-mature woodland, with an east to south-easterly aspect and an altitude of between 20 and 70 meters above sea level. The land has development potential and is well-placed to take advantage of nearby services, including electricity, water, BT, and gas mains. The property is subject to a clawback provision, where the purchaser must pay 25% of the uplift in value occurring as a result of gaining any non-agricultural planning consent in the period of 25 years from date of completion of sale.
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