Frederick Road, Gillingham, Kent Land for sale

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Frederick Road, Gillingham, Kent Land for sale

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 plot of land has significant potential for development, but is currently restricted by tree preservation orders, meaning that any building plans would need to be approved. Additionally, there is an overage agreement in place, which would require the buyer to pay 50% of any future development value to the current owner if they are able to develop the land within the next 10 years. The property's services and appliances are subject to a footnote, and any interested parties should note that the information provided does not constitute an offer or contract, but rather a general description of the property.