Land for sale

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Land for sale

Land at Brand Lane, Woodhouse, Loughborough
£120,000

Our Summary

  • Overage Clause The land will be sold subject to an Overage Clause whereby if planning permission is granted on the land for any use other than agricultural or equestrian then 50% of the uplift in value will be payable to the vendor or their successors in title for 30 years from the date of legal completion
  • If development takes place under the Town and Country Planning (General Permitted Development) (England) Order 2015 Class or any subsequent act or change to the regulations then this will also be a trigger event for Overage

Description

The property is a 5.20-acre permanent pasture located between Woodhouse Eaves and Swithland in the Charnwood Forest area, with road frontage to Brand Lane. The land has part stone walling and part mature hedgerow boundaries and enjoys far-reaching views of the surrounding countryside. The property is freehold and will be sold with vacant possession on completion. There is an overage clause in place, which requires the buyer to pay 50% of any uplift in value to the vendor if planning permission is granted for a use other than agricultural or equestrian. The property also includes all sporting, mineral, and timber rights, and is sold subject to any rights of way, easements, and restrictions. Viewings can be made on foot at any reasonable time, but please be aware that there may be livestock on the land.