Sponsored Find a Solicitor — free quotes via ReallyMoving
Land
Next Steps
Sponsored — free quotes via ReallyMoving
Find a Solicitor
Land purchases need specialist legal advice — compare fees
Our Summary
- The land has residential development to the South West and has potential for development in the future
- The previous Seller retains an Overage of 50% of the uplift in value of the value of the land, following the gaining of planning permission for a period of seven years
- The Seller retains an overage of 30% of the uplift in value of the value of the land, following the gaining of planning permission for a period of 30 years
Get alerted when similar properties are listed — Subscribe
Description
The property is located approximately five miles southwest of Wisbech and six miles north of March, with a postcode of PE13 4ET. The land consists of approximately 13.90 Hectares (34.36 Acres) of arable land in the village of Guyhirn, with potential for future development. The land is currently occupied by a local farmer under a Farm Business Tenancy Agreement until October 2025.
The previous seller retains an overage clause, with 50% of the uplift in value of the land for a period of seven years, and 30% for a period of 30 years. Planning information is available from Fenland District Council. The exchange and completion are expected to occur within 30 working days of the buyer's offer being accepted.