Newark, Nottinghamshire Land for sale

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Newark, Nottinghamshire Land for sale

Newark, Nottinghamshire NG22
£50,000

Our Summary

  • Development OverageAll lots are sold subject to an overage clause, whereby 30% of any increase in value of the property, from the implementation of a planning approval or the sale with the benefit of a planning approval, for all development over and above the existing use of the property, is payable to the vendors

Description

This property, Lot 4, is a 4.20-acre grassland parcel located in the picturesque village of Askham, Nottinghamshire. The land is situated on the northern fringes of the village and is enclosed by mature hedgerows, with road frontage to Town Street. The property is being sold by informal tender, with a deadline for offers of 5pm on December 17th, 2025. Askham is a charming village with a rich heritage, offering a peaceful rural lifestyle with convenient access to urban amenities, including the market town of Retford and the historic city of Lincoln. The property is surrounded by scenic countryside, with good transport links to major road networks and nearby towns and cities. The village has a traditional pub and restaurant, as well as a range of local and independent schools. The property is being sold freehold, subject to a farm business tenancy due to end in December 2026, and is being sold with an overage clause, whereby 30% of any increase in value due to development is payable to the vendors.