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Land for sale
Retford, Nottinghamshire
£230,000
Retford, Nottinghamshire
£230,000
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, Fox Covert Farm, is a 25.31-acre plot of arable land located in Laneham, Nottinghamshire, approximately 7.2 miles from the historic town of Retford. The land is divided into three blocks of varying sizes, with a mixture of loamy and clayey soils suitable for arable and grassland cropping. The property has road frontage to Laneham Road and is easily accessible for modern agricultural machinery. The land is being sold as a whole by private treaty, with vacant possession on completion, and is subject to various services, tenures, and environmental schemes. The property also has sporting, timber, and mineral rights, and is subject to an overage for 25 years, where 25% of any uplift in value will be payable to the vendor. The boundaries of the property are defined, with the purchaser of Lot 1 required to construct a fence along part of the west boundary.