The property is a 1.24-acre plot of land in Lowdham, Nottinghamshire, featuring a derelict former slaughterhouse and a car parking area. The site is offered for sale freehold with vacant possession, and the existing building, if structurally capable, may be suitable for conversion into a small workshop or office, subject to planning permission. The land has potential for extension to neighboring uses and is within the defined Lowdham Local Centre Boundary. The village of Lowdham has a range of amenities and good transport links, and the site is likely to offer scope for various uses, including change of use, built development, or car parking. However, the site is within Flood Zone 2 and has flood risk, which may be a planning constraint. The sale is subject to an overage agreement, and the buyer will be required to enter into a 25-year agreement to pay 33.33% of the difference in the existing use value of the land and the land for residential development in the event of residential development commencing.