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Truro Land for sale
Newmills Lane, Truro TR1
£200,000
Newmills Lane, Truro TR1
£200,000
Our Summary
- 8 acres of south facing pasture land and a derelict building situated in a wonderful, rural setting on the favoured north-western fringe of Truro and wide access off the Council road
- Agent's NotesSpecial ConditionThe land is to be sold subject to an Uplift or Overage Clause whereby, if for a period of 25 years, planning permission is obtained on the land for development, the vendors or their successors are to receive 25% of the uplift in value resulting from the planning permission
- Derelict building
Description
This rare opportunity presents a parcel of approximately 8 acres of south-facing pasture land and a derelict building in a picturesque rural setting on the outskirts of Truro. The land, which has been used for grazing, is situated near New Mills Lane and features two fields enclosed by natural hedging, with views of Truro and the surrounding countryside. The property also includes the remains of old cottages, converted for agricultural use prior to the last war. The sale is subject to a special condition, where the vendors or their successors will receive 25% of the uplift in value if planning permission is obtained for development on the land within 25 years.