Land for sale

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Land for sale

Woodland at Jacksdale, Ashfield, Nottingham, DE55 4PE
£150,000

Our Summary

  • Uplift/Development Clause The property will be sold subject to an uplift clause whereby the current vendors will receive 30% of any increase in value upon the granting of planning permission for residential and commercial development over a period of 25 years, from when the property is sold

Description

This 10.23-acre woodland in Jacksdale, Nottingham, offers a unique opportunity for purchase. The mixed native trees, some of which are 20 years old, provide a tranquil setting. The property has direct access from Alfreton Road and is bordered by a public right of way and the railway line. Although the site was formerly part of a railway cutting, no fill was added, and it borders the Smotherly Opencast. The freehold is being sold as a whole by private treaty, with the responsibility to investigate additional services falling to the buyer. The property is subject to an uplift clause, where the current vendors will receive 30% of any increase in value if planning permission is granted for residential and commercial development over the next 25 years.