Equestrian facility for sale

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Equestrian facility for sale

Alcester Road, Radford, Worcester, Worcestershire
£50,000

Our Summary

  • The land has historically been used for equestrian purposes but would be suitable for alternative uses and may provide development potential (STP)The land will be sold with an uplift clause reserving the vender a 30% share of any uplift in value as a result of any residential or commercial development
  • Agricultural and equestrian development will not trigger the uplift

Description

The property at Radford, Worcester is a 1.98-acre plot of Grade 3 Permanent Pasture land, available as a whole or in two separate lots. The land has been used for equestrian purposes in the past, but it could be suitable for alternative uses, including potential development. The property will be sold with an uplift clause, which reserves the vendor a 30% share of any increase in value resulting from residential or commercial development within the next 25 years. However, agricultural and equestrian development will not trigger the uplift. The land is available by private treaty.