St. Mellion, Cornwall PL12 Land for sale

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St. Mellion, Cornwall PL12 Land for sale

St. Mellion, Cornwall PL12
£465,000

Our Summary

  • Uplift ClauseThe land will be sold subject to an uplift clause whereby the current Vendor's will receive 33% of any increase in value upon the grant of planning permission for any development over 20 years from when the property is sold

Description

This property is a 44.84-acre block of gently sloping, south-facing pasture land with road frontage and lovely far-reaching views. The land is divided into four enclosures by internal fencing and is surrounded by natural hedge banks and post-and-wire fencing. It is conveniently located near the A388 main road and has parish road frontage and access. The property is freehold with vacant possession upon completion and is not subject to any Stewardship Schemes. While there is no mains water supply connected, a private water supply (capped spring) is currently in use. The land is suitable for grazing and has potential for development, subject to planning permission, with the current vendor entitled to receive 33% of any increase in value upon the grant of planning permission.