Newark, Nottinghamshire Land for sale

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Newark, Nottinghamshire Land for sale

Newark, Nottinghamshire NG22
POA

Our Summary

  • The buildings may offer the potential for further conversion to a residential use subject to obtaining any necessary planning consents
  • 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

Lot 1, a former farm yard, is a picturesque property located in the village of Askham, Nottinghamshire, just six miles south of Retford and 17 miles west of Lincoln. The property features a charming two-storey traditional brick range, partly converted, with a single-storey range providing additional storage. The modern agriculture buildings, used as a workshop and storage, have a total gross internal area of about 1,000 sqm. The property offers potential for further conversion to a residential use, subject to obtaining necessary planning consents. Askham is a peaceful rural village with a rich heritage, offering a convenient rural lifestyle with access to urban amenities, including good transport links to major road networks and nearby towns. The property is sold freehold, subject to a commercial lease, and is not opted to tax for VAT. It is also subject to an overage clause, payable to the vendors for any development over and above the existing use of the property.