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Arbory Drive, Padiham BB12 Character property for sale
Arbory Drive, Padiham BB12
£70,000
Arbory Drive, Padiham BB12
£70,000
Our Summary
- The property offers significant character and heritage appeal, presenting excellent potential for a range of future uses, subject to the necessary consents
- DescriptionA rare opportunity to acquire a historic stone-built lodge featuring notable architectural details in need of refurbishment
- No enquiries have been made by the agent or proprietor regarding the lodge’s planning or development potential
- Overage ClauseThe sale will be subject to an overage clause whereby on release of Planning Consent for development within 25 years of purchase, the vendors (and their successor’s) will be entitled to 25% of the enhancement of the value due to the Planning approval
Description
This historic stone-built lodge, situated on the outskirts of Padiham, offers a unique opportunity to acquire a property with significant character and heritage appeal. The Grade 2 listed building features notable architectural details, including turrets with battlements and blind arrow loops, and is in need of refurbishment. The property does not benefit from any services and the boundaries are not clearly defined, but it is being sold with vacant possession and is freehold. The sale is subject to an overage clause, which will entitle the vendors to 25% of the enhancement in value due to planning approval. The property can be viewed by appointment only on specified dates, and all offers must be submitted in writing to the agents.