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Church Lane, Hoby Melton Mowbray LE14 Land for sale
Lot 3 - Land off Church Lane, Hoby, Leicestershire
£180,000
Lot 3 - Land off Church Lane, Hoby, Leicestershire
£180,000
Our Summary
- Development Uplift Clause - The land is sold subject to a development uplift clause which will require the purchaser/s (and successors in title) to pay the vendors 50% of any uplift in value arrising from the grant of planning permission (excluding agricultural and personal equestrian use) for a period of 50 years from the date of completion
Description
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Here is a summary of the property description in a single paragraph:
A rare opportunity to purchase approximately 12.14 acres of pasture land located on the edge of the picturesque village of Hoby, Leicestershire. The land is split into three separate enclosures and benefits from direct roadside access onto Church Lane. The land is relatively flat and is split by a stream running through the centre of the enclosure. The property is held freehold and is currently let on a Farm Business Tenancy until 2025, with the option for the current tenant to continue a tenancy with the incoming purchaser. The land is not connected to any mains services and is sold subject to a range of covenants and a development uplift clause. The guide price for the land is £180,000, and offers are to be received by September 8th, 2025.