Farm land for sale

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Farm land for sale

The Long Road, Rowledge, Farnham, GU10
£140,000

Our Summary

  • For Sale By Modern Method Of Auction: Starting Bid Price £185,000 plus Reservation Fee
  • A covenant will be placed on the land that if planning is gained for a residential unit within 15 years of legal completion - An extra £100,000 becomes payable that would be Index Linked and triggered on a Granted planning consent and PAYABLE no later than 8 weeks thereafter to let the 6 week judicial review period to be completed
  • This method of auction requires both

Description

A rare opportunity to purchase a 1.75-acre plot of land on the outskirts of Rowledge, with good road frontage and a gated entrance, is being sold by modern method of auction with a starting bid price of £185,000 plus a reservation fee. The land is available immediately with vacant possession and is situated outside the designated settlement area and within the countryside beyond the green belt. A covenant will be placed on the land, requiring an additional £100,000 payment if planning permission is granted for a residential unit within 15 years of legal completion. The property is being sold with the condition that the extra payment will be index-linked and triggered on a granted planning consent, with payment due within 8 weeks of completion of the judicial review period. Interested parties should enquire through Keats Fearn in Farnham.
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