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Land for sale
Land off Hickling Lane, Nether Broughton
£100,000
Land off Hickling Lane, Nether Broughton
£100,000
Our Summary
- Development Uplift Clause - The property will be sold subject to a development uplift clause whereby 30% of any increase in value arising from development or the grant of planning permission (excluding uses for agriculture and equestrian purposes) will be payable to the vendor for a period of 30 years from the date of completion
Description
This 6.5-acre property is a permanent pastureland located in Nether Broughton, approximately 6 miles northwest of Melton Mowbray. The land is classified as grade 3 agricultural land with slowly permeable seasonally wet slightly acid but base-rich loamy and clayey soils. The property is being sold freehold with vacant possession upon completion of sale, and the vendor reserves the right to conclude the sale by an alternative method if required. The land is not connected to any mains services, and the prospective purchasers must satisfy themselves as to the availability of services and any future connections. The property is subject to a public footpath, wayleaves, easements, and rights of way, and will be sold subject to any rates and outgoings. Additionally, the property will be sold subject to a development uplift clause, whereby 30% of any increase in value arising from development or the grant of planning permission will be payable to the vendor for a period of 30 years from the date of completion.