>
Land for sale
Ripple, Tewkesbury, Worcestershire
£700,000
Ripple, Tewkesbury, Worcestershire
£700,000
Our Summary
- Development overageThe property will be sold subject to an uplift provision which will specify that 50% of any increase in value due to development (as defined in Section 55 of the Town and Country Planning Act 1990) will be payable to the Vendor should such development occur within 25 years from the date of completion
- The uplift will be payable upon the grant of a planning consent
- Reasonable costs incurred in obtaining planning permissions can be deducted from the overage calculations
Description
This unique 145-acre property, known as Ryall Lakes, is a former quarry site that has been restored into lakes and features extensive frontage to the River Severn. The property is situated in south Worcestershire, close to the villages of Ripple and Uckinghall, and is accessed via a farm track off Bow Lane. The property is largely flat and consists of three lakes, making up 75 acres, as well as well-kept pastureland, wooded areas, and tracks. The River Severn defines the western boundary, providing approximately 1.17km of frontage. The property is to be sold freehold, subject to any short-term licences in place, and is available as a whole. The property is in Flood Zone 3 and will be sold subject to an uplift provision, which will specify that 50% of any increase in value due to development will be payable to the vendor.