Land for sale
Key information
Property description & features
- Tenure: Freehold
- Around 13.90 acres of grade 3 arable land
- With vehicular access via a right of way off Lindridge Lane
- Offering a variety of uses
- For sale by Informal Tender with offers to be received no later than 12 noon Friday 31st May 2024
The land off Lindridge Lane is situated on the edge of the village of Desford, and extends to around 13.90 acres of south facing grade 3 arable land, currently in temporary grass. The land is accessed by a right of way from Lindridge Lane, and could offer a variety of uses (STP).
The land is to be sold by Informal Tender with all offers to be received no later than 12 noon Friday 31st May 2024.
Services
We are not aware of any services connected to the property.
Tenure
The property is to be sold freehold. The land is currently let under a Farm Business Tenancy, expiring September 2024. Further details are available upon request.
Public Rights of Way, Wayleaves and Easements
The property is sold subject to all rights of way, wayleaves and easements whether or not they are defined in this brochure.There is a footpath which runs along the western boundary.
Overage Clause
The property is offered for sale with an overage provision with an uplift percentage of 25% of any increase in value for a period of 30 years. Such overage to be triggered by any development (as defined within Section 55 of the Town and Country Planning Act 1990) and payable on implementation or a future sale with the benefit of a consent. The overage will exclude any development for agricultural and/or equestrian purposes.
Method of sale
The property is offered for sale by informal tender and is available as a whole. Tender documents and tender conditions are available upon request from the selling agent and tenders must be submitted using the prescribed form.
Offers must be received by 12 noon Friday 31st May 2024.
Please note: the Vendors reserve the right to conclude the sale by any other means at their discretion and the Vendors are not obliged to accept the highest or indeed any Tender submitted.
Mineral Rights
Mines and mineral rights are reserved. Further details are available upon request.
Viewings
Strictly by appointment through Fisher German LLP.
Directions
Postcode – LE9 9GN
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