>
Land for sale
Hembal Lane, St. Austell PL25
£100,000
Hembal Lane, St. Austell PL25
£100,000
Our Summary
- DEVELOPMENT OVERAGE CLAUSEThe land will be sold subject to a development overage clause reserving 40% of any uplift in value to the vendor should non agricultural planning consent be obtained on the land within a twenty-five year period
Description
A 2.25 hectare block of amenity land is for sale by informal tender, situated near St Austell, Cornwall. The land is located off the A390 and A3058, with easy access to the town center. The property is a single enclosure with a gentle slope, currently sown with a long-term grass ley. The land is suited to various uses and has a field entrance gate on the western boundary. The property is being sold with a development overage clause, reserving 40% of any uplift in value to the vendor if non-agricultural planning consent is obtained within 25 years. The land is being sold as is, with no mains services connected, although mains water and electricity are believed to be available nearby. The vendor does not guarantee to accept the highest or any tender submitted, and all tenders must be received by 12 noon on September 27, 2024.