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Land for sale
Main Street, Kirton
£350,000
Main Street, Kirton
£350,000
Our Summary
- A potential development opportunity extending to approximately 3
- Description - An exciting opportunity to purchase a potential development site extending to approximately 3
- The selling agents believe that the land may hold development potential due to its location to the village
- The existing buildings hold potential for conversion from their current agricultural use to provide several residential dwellings (subject to planning), or alternatively an opportunity to seek planning consent for a knock down and rebuild within the existing footprint
- The wider site holds potential for a larger residential development scheme
- Overage Clause - The property is sold subject to an existing overage clause originally granted for a period of 21 years from 1st March 2012 capturing 50% of any uplift in value as a result of any development on the property for a non agricultural use
- Potential Development Opportunity
Description
A potential development opportunity is available in the rural village of Kirton, Nottinghamshire, extending to approximately 3.93 acres. The site has direct access to Main Street and benefits from proximity to major road networks, including the A1, A57, and A614. The property comprises agricultural pastureland and four agricultural buildings, which could potentially be converted into residential dwellings or demolished and rebuilt. The site is not allocated for development in the local plan, but it may hold potential for a larger residential development scheme. The property is freehold with vacant possession given upon completion, and it is sold subject to an existing overage clause, which captures 50% of any uplift in value as a result of development for a non-agricultural use. The overage clause will expire in 2033.