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Land for sale
Retford, Nottinghamshire
£100,000
Retford, Nottinghamshire
£100,000
Our Summary
- Nitrate Vulnerable Zone (NVZ)The Property lies within a Surface Water NVZ Area and is subject to the usual restrictions
- OverageThe Property is to be sold subject to an overage for 25 years whereby 25% of any uplift in value over the prevailing permitted existing use value following the grant of any planning permission for any future uses other than agricultural and equestrian will be payable to the Vendor or their successors
- The payment will become due on the implementation or disposal following the grant of planning consent or following the exercise of any permitted development rights
Description
The property, Lot 3, is a 9.70-acre parcel of land with beans, located in Fox Covert Farm in Nottinghamshire. The land is Grade 3 with a mixture of loamy and clayey soils and is suitable for arable and grassland cropping. The land is offered for sale as a whole by private treaty and has road frontage to Laneham Road. The sale includes the right to harvest beans. The property is subject to various easements and restrictions, including a public footpath and a Surface Water Nitrate Vulnerable Zone. The sale also includes sporting, timber, and mineral rights. An overage clause applies for 25 years, requiring the purchaser to pay the vendor 25% of any uplift in value over the permitted existing use value following the grant of any planning permission for non-agricultural or equestrian uses. The property boundaries will be marked with white marker posts, and the purchaser will be required to construct a fence along part of the west boundary.