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Land for sale
High Street, Gringley-on-the-hill
£40,000
High Street, Gringley-on-the-hill
£40,000
Our Summary
- 03 Hectares) of bare land in a single parcelCentral village location within the Gringley on the Hill Conservation AreaNear existing dwellings, adjoining High Street, Horsewells Street and Little LaneFreehold and vacant possession availableNo Planning Permission grantedTo be sold subject to Overage Provision, 20 year term, 25% clawback on uplift, triggered on grant of planning permission for development (domestic and non-commercial equestrian/livestock uses excluded)
- No Planning Permission granted
- See Auction Details and Legal Pack link below
Description
This property is a 2.55-acre plot of bare land located in the central village of Gringley on the Hill, within the Conservation Area. The land is situated near existing dwellings, including the High Street, Horsewells Street, and Little Lane. The property is being sold freehold with vacant possession, but it does not have any existing planning permission. However, it is subject to an overage provision, which means that if planning permission is granted for development, the seller will receive 25% of the uplift in value over a 20-year term, with certain exclusions for domestic and non-commercial equestrian/livestock uses.