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Studio, in Austen Fen, £235,000
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0 bed property

Austen Fen, Grainthorpe, Louth LN11
Planning
£235,000

Our Summary

  • Overage ClauseAll Lots will be for sale subject to an overage clause whereby 30% of the uplift in value for any non-agricultural use is payable to the Vendors or their successors in title upon the earlier event of either the grant of planning permission, or the sale of the Land for a term of 30 years from the date of completion

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Description

The property consists of approximately 226.22 acres of Grade 3 productive arable land, formed of deep stoneless clayey and fine loamy soils, suitable for growing cereal crops and grass leys. The land includes two field parcels with regular shapes, ideal for modern farming practices. It has direct road access from King Street and benefits from existing underdrainage schemes.

The fields are currently used for various crops, as detailed in a schedule, and the vendor reserves holdover rights for harvesting the current growing crop until it is harvested in summer 2026.