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Land for sale
Newark, Nottinghamshire
£280,000
Newark, Nottinghamshire
£280,000
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 being sold by informal tender with a deadline of December 17th, 2025. The property is located in the picturesque village of Askham, Nottinghamshire, and offers a prime rural setting with easy access to the market town of Retford and the historic city of Lincoln. The yard comprises traditional and modern farm buildings, including a charming two-storey brick range and a range of modern agriculture buildings with a total gross internal area of about 1,000 sqm. The property may offer potential for further conversion to a residential use, subject to obtaining necessary planning consents. The village of Askham has a rich heritage, a traditional pub and restaurant, and is close to several local attractions, including Newark and Lincoln. The property is being sold freehold, subject to a commercial lease, and is connected to mains water and electricity, with drainage to the mains system.