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Land opposite 1
Land opposite 1-15 St. Mellion Drive, Grantham, NG31 9FB
£750
Land opposite 1-15 St. Mellion Drive, Grantham, NG31 9FB
£750
Our Summary
- For Sale by Public Auction on11/06/2025Location:The site is located on the corner of Londonthorpe Lane and is opposite 1-15 St Mellion Drive
- Planning Potential for alternative uses subject to planning
- The property is sold subject to a development uplift clause which will reserve 30% of any increase in value due to any non-agricultural or equestrian development that takes place within 30 years of the completion of purchase
- These clauses will be triggered either upon the implementation of a planning consent or the sale of the property to a third party, subject to any consents
- LAND / POTENTIAL DEVELOPMENT
- Land / potential development
Description
A public open space site of approximately 0.64 acres is up for auction on November 6, 2025, located on the corner of Londonthorpe Lane, opposite St Mellion Drive. The site has planning potential for alternative uses, subject to approval from South Kesteven District Council. The sale is subject to the buyer paying the seller's legal and auctioneer's fees, as well as VAT on the purchase price. Additionally, a development uplift clause will reserve 30% of any value increase due to non-agricultural or equestrian development within 30 years of the sale, and a restrictive covenant will prevent the siting of mobile homes or temporary dwellings without the vendor's consent.