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Land for sale
Land opposite 2 Portmarnock Way, Grantham, NG31 9FL
£2,000
Land opposite 2 Portmarnock Way, Grantham, NG31 9FL
£2,000
Our Summary
- For Sale by Public Auction on 11/06/2025 Location: The site is located on the corner of Portmarnock Way, Green Lane and Hoylake
- 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
Description
A level public open space of approximately 0.61 acres is up for sale by public auction on November 6, 2025, located on the corner of Portmarnock Way, Green Lane, and Hoylake. The site has potential for alternative uses subject to planning permission from South Kesteven District Council. The sale is subject to the buyer paying VAT on the purchase price, as well as the seller's legal and auctioneer's fees. Additionally, the property is sold with a development uplift clause, which reserves 30% of any increase in value due to non-agricultural or equestrian development within 30 years of the purchase completion. A restrictive covenant will also be imposed to prevent the siting of mobile homes or temporary dwellings without the written consent of the vendor. The property is being sold freehold.