Land for sale

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Land for sale

Retford, Nottinghamshire
£390,000

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 is a 38.61-acre arable land located west of the village of Laneham in Nottinghamshire, with three blocks of arable land of varying sizes. 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, with access taken from Laneham Road. The property is subject to an overage agreement for 25 years, whereby 25% of any uplift in value over the permitted existing use value following the grant of any planning permission for non-agricultural uses will be payable to the vendor. The property is also included within a Mid Tier Countryside Stewardship and a Surface Water Nitrate Vulnerable Zone. Sporting, timber, and mineral rights are included within the sale, and the purchaser will be required to construct a fence along part of the west boundary. Unaccompanied viewings are conducted on foot during daylight hours only, and prospective purchasers are advised to satisfy themselves as to the ownership of boundaries.
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