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Frederick Road, Gillingham, Kent Land for sale
Frederick Road, Gillingham, Kent
£50,000
Frederick Road, Gillingham, Kent
£50,000
Our Summary
- This substantial plot of land has no planning permission due to tree preservation orders and is subject to an overage agreement that if a buyer were able to develop within 10 years, 50% of any onward value would be paid to current owner
- Potential for multiple use
- Substantial plot of land with no planning permission due to tree preservation orders
Description
This substantial plot of land is currently undeveloped due to tree preservation orders and is subject to an overage agreement, which means that if a buyer is able to develop the land within 10 years, they would have to pay 50% of any future profit to the current owner. The property is being sold as is, with no planning permission in place, and the buyer will need to seek permission from the relevant authorities to develop the land. The description of the property does not constitute an offer or contract, and all interested parties should make their own inquiries and due diligence before making an offer.