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Land
Main Street Newbold, Rugby CV21
Land Planning
£150,000
Next Steps
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Our Summary
- Development Overage - The vendor reserves the right to receive an overage payment over the land in both Lot 1 and Lot 2 of 40% of any uplift in value for a period of 50 years for any non-agricultural and non-equestrian development that takes place on the land
- The Overage will be triggered either upon implementation of the planning consent or a sale with the benefit of planning permission
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Description
The property is a 5.36-acre pasture parcel of land located along the Main Street of the village of Newbold on Avon. The land is situated approximately 1 mile from Rugby Town Centre and 2 miles from M6 J1. It has access to mains water supply and can be accessed from the Main Street (B4112). The land features a small pond within the field pasture.