>
Plot for sale
Church Raike - Lot 2, Chipping, Preston, PR3
£50,000
Church Raike - Lot 2, Chipping, Preston, PR3
£50,000
Our Summary
- The plot is situated outside the designated conservation area to Chipping Village and subject to planning permission has residential development potential
- Overage Covenant The sale of Lot 2 will be subject to an overage covenant which will not affect its current use as amenity value but if a valid planning permission is granted for enhanced use within a period of twenty years from the date of completion of the sale then a 50% development clawback will have to be paid on the enhanced value over the sale price to the vendors of their successors
- Payment would have to be made on implementation of the planning permission or on the sale of the plot or any part of it with the benefit of planning permission whichever happens first
Description
The Garden Plot is a charming property featuring a raised lawn with stone walls, a red brick pathway, flower borders, and a central patio. The plot also includes a greenhouse, open front garden shed, and a 17x10 car garage/workshop with a concrete base, flagged floor, and felted roof. Situated outside the conservation area in Chipping Village, the plot has potential for residential development, subject to planning permission. Additionally, the sale of the plot is subject to an overage covenant, which means that if planning permission is granted for enhanced use within 20 years, the buyer will have to pay 50% of the enhanced value over the sale price to the vendors or their successors.