LOT 18
GUIDE PRICE: £2,000 - £2,500 PLUS VAT
Land on Tom Childs Close, Grantham, NG31 9FR
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
A level site of public open space of approximately 0.51 acres (0.21 hectares).
Location:
The site is located between Tom Childs Close and Portmarnock Way.
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.
