No longer on the market
This property is no longer on the market
MapLand
Auction
Sold STC
Land
28664
Key information
Tenure: Freehold
Council tax: Ask agent
Features and description
- Land / potential development
- Guide price: £2,500 £5,000 plus vat
Sold for £750 For Sale by Public Auction on25/09/2024
Location:
The site is located within the Meadows Estate, between Alport Way and Meadow Way.
Description:
A level site of public open space of approximately 0.74 acres
(3,557 sqyds).
Planning:
Potential for alternative uses subject to planning.
Local Authority: Oadby & Wigston Borough Council[use Contact Agent Button]
Note
VAT will be payable on the purchase price.
The sale will be subject to the Buyer paying the Seller's legal and Auctioneer's fees.
A Development Uplift Clause will be included within the contract entitling the Seller to recover 30% of any increase in value of the site for a 30 year period.
The property is sold subject to a development uplift clause which will reserve 30% of any increase in value due to any non-agricultural or equestrian development that takes place within 30 years of the completion of purchase. This clause would be triggered if the land is included as the Biodiversity Net Gain element of any other associated planning consents. These clauses will be triggered either upon the implementation of a planning consent or the sale of the property to a third party, subject to any consents.
A restrictive covenant will be imposed on preventing the siting of any mobile home, or temporary dwelling without the written consent of the Vendor.
Tenure
Freehold.
Solicitors
Frisby & Small, 5-7 De Montfort Street, Leicester LE1 7GE
[use Contact Agent Button] ~ Ref: J Crowson
Location:
The site is located within the Meadows Estate, between Alport Way and Meadow Way.
Description:
A level site of public open space of approximately 0.74 acres
(3,557 sqyds).
Planning:
Potential for alternative uses subject to planning.
Local Authority: Oadby & Wigston Borough Council[use Contact Agent Button]
Note
VAT will be payable on the purchase price.
The sale will be subject to the Buyer paying the Seller's legal and Auctioneer's fees.
A Development Uplift Clause will be included within the contract entitling the Seller to recover 30% of any increase in value of the site for a 30 year period.
The property is sold subject to a development uplift clause which will reserve 30% of any increase in value due to any non-agricultural or equestrian development that takes place within 30 years of the completion of purchase. This clause would be triggered if the land is included as the Biodiversity Net Gain element of any other associated planning consents. These clauses will be triggered either upon the implementation of a planning consent or the sale of the property to a third party, subject to any consents.
A restrictive covenant will be imposed on preventing the siting of any mobile home, or temporary dwelling without the written consent of the Vendor.
Tenure
Freehold.
Solicitors
Frisby & Small, 5-7 De Montfort Street, Leicester LE1 7GE
[use Contact Agent Button] ~ Ref: J Crowson
About this agent
Kal Sangra Shonki Brothers - Auction House
85 Granby Street
Leicester, Leicestershire
LE1 6FB
0116 484 9720Established in 1966, Shonki Brothers, were the first Asian Estate Agents in England. “Customer First” is and will always be our ethos, with this in mind our service is delivered with a fresh and enthusiastic approach by an experienced and friendly team which is second to none.