Chequers Lane, South Lopham Land for sale

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Chequers Lane, South Lopham Land for sale

Chequers Lane, South Lopham
£100,000

Our Summary

  • It is suitable for ongoing arable farming or amenity use subject to planning
  • Buyers are advised there will be an overage agreement attached to the land following a sale sale with a 30% uplift in value payable to the vendors for a period of 30 years for any non-agricultural, non-horticultural or non private equestrian use which will become payable upon the grant of planning permission

Description

The property is a 9.49-acre agricultural land located in South Lopham, Norfolk, with direct road frontage to the B1113 Redgrave Road. The land is divided into two parcels, with Lot 1 being approximately 7.83 acres of uncropped land and Lot 2 being a 1.63-acre parcel of fallow land suitable for arable farming or amenity use. The land is not serviced and has no buildings or structures. The sale comes with an overage agreement, where the buyer will pay 30% of the uplift in value to the vendors if the land is used for non-agricultural purposes within the next 30 years. The guide price is £100,000 to £120,000.