LOT 12
GUIDE PRICE: £1,500 - £1,750 PLUS VAT
Land opposite 11-13 & 22-28 Ganton Way, Grantham, NG31 9FD
Solicitor Details
Frisby & Small, 5-7 De Montfort Street, Leicester LE1 7GE Tel: (0116) 233 5522 ~ Ref: J Crowson
*Guide Price & Reserves
LAND / POTENTIAL DEVELOPMENT
Property Description
Two level sites of public open space totalling approximately 0.34 acres (0.14 hectares). Plot 1: 0.166 acres (0.067 hectares). Plot 2: 0.17 acres (0.07 hectares).
Location:
The sites are located off St Mellion Drive and opposite Cromer Close.
Planning:
- Potential for alternative uses subject to planning
- Local Planning Authority: South Kesteven District Council (01476) 406080
Note:
- VAT will be payable on the purchase price
- The sale will be subject to the Buyer paying the Seller's legal and Auctioneer's fees
- The property is sold subject to a development uplift clause which will reserve 30% of any increase in value due to any non-agricultural or equestrian development that takes place within 30 years of the completion of purchase
- This clause would be triggered if the land is included as the Biodiversity Net Gain element of any other associated planning consents
- These clauses will be triggered either upon the implementation of a planning consent or the sale of the property to a third party, subject to any consents
- A restrictive covenant will be imposed on preventing the siting of any mobile home, or temporary dwelling without the written consent of the Vendor
Tenure:
Freehold.
Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
