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Studio, in Austen Fen, £1,815,000
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Land

Austen Fen, Grainthorpe, Louth LN11
Land Planning
£1,815,000

Our Summary

  • Overage Clause All 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 productive Grade 3 arable land, divided into five individual lots and can be sold as a whole. It includes soils suitable for growing various cereal crops and grass leys, with access via direct road and internal tracks. The land also features overhead electricity wayleaves, and easements for drainage and water mains crossing the property.

The terrain includes regular-shaped field parcels, with some featuring right of way tracks and historic cropping schedules.