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Land for sale
Ashby Road East, Bretby, DE15
£250,000
Ashby Road East, Bretby, DE15
£250,000
Our Summary
- The land is currently in Green Belt but the land is believed to have development potential, subject to gaining necessary planning permission
- 3 miles from Swadlincote providing excellent amenities and access to public transportOverage - The land is sold subject to an existing overage (for the benefit of a previous owner) which claws back 25% of any residential development uplift
- In addition to this the Vendors will place their own overage clause on the land which claws back 15% of any residential or commercial development uplift in value attributed to any change of use or planning permission for a period of 16 years rising to 25% for a further period of 9 years (once the original overage has expired)
Description
This 5.86-acre block of pastureland is situated in a rural area, bordering forestry, a golf course, houses, and paddocks. Although currently in Green Belt, it is believed to have development potential, subject to gaining necessary planning permission. The land has good access from the A511 and is located near the villages of Midway, Burton upon Trent, and Swadlincote, offering excellent amenities and public transport links. The property is sold subject to an existing overage clause, which claws back 25% of any residential development uplift, as well as a vendor's overage clause, which claws back 15% of any residential or commercial development uplift. The land does not have mains services, but they are located in the access road. The property is sold freehold with vacant possession and is available for accompanied viewings only.