>
Land for sale
High Street, Gainsborough DN21
£2,470,000
High Street, Gainsborough DN21
£2,470,000
Our Summary
- There is potential for amenity, environmental, and equestrian use stpp
- There is potential for amenity, environmental and equestrian use stpp
- The yard has houses either side and across the road and offers potential for development subject to planning
- Overage - Lot 4 only is sold subject to an overage provision whereby the vendors and their successors in title shall be entitled to 50% of any uplift in value to the subject land as a result of the granting of planning consent for residential development, on each and every occasion for a period of 25 years from completion
- The effective value based on the granting of planning consent on the date of consent being granted
Description
A rare opportunity to acquire a sizeable block of Grade III arable and permanent pasture land in the village of Upton, near Gainsborough, Lincolnshire. The land, totalling 291.03 acres, is available as a whole or in eight lots, with vacant possession on October 10, 2024, and early entry possible. The land is suitable for cereal and sugar beet production, with some fields having mains water and under-drainage schemes in place. The property includes a mix of arable and permanent pasture fields, with some road frontage and access via private tracks. The land is registered for the Basic Payment Scheme, but no entitlements or delinked payments will be available. The property also includes a Grade II listed red brick and pantile barn, with potential for development subject to planning.