Farm for sale in West Of Foster Road, Collingham, Newark NG23

A grass field extending to 0.62 hectare (1.544 acre) or thereabouts. Centrally situated in the village of Collingham. The land has access via a pedestrian gate and public footpath at the Fosters Road cul-de-sac.

A grass field extending to 0.62 hectare (1.544 acre) or thereabouts. Centrally situated in the village of Collingham. The land has access via a pedestrian gate and public footpath at the Foster Road cul-de-sac.

A very useful parcel of land suitable for amenity purposes, nature and conservation. The land is level, light loamy sand gravel, free draining capable also for use as allotment gardens.

The land is within an area designated by Newark and Sherwood Council Local Plan as 'Main Open Space'. Whilst planning permission will not normally be granted within an area of designated Main Open Space, there may be long term hope value and planning potential. The land will be sold subject to an Overage Agreement.

Plan

A plan is attached to these particulars for identification purposes.

Public Footpath

A public footpath crosses the land.

Tenure

The land is freehold and offered for sale with vacant possession.

Access

There is no vehiclular access to the land. Prospective purchasers should note that planning permission and Highways approval will be necessary if vehicular access is required.

Possession

Vacant possession will be given on completion.

Covernant And Overage Agreement

The land will be sold subject to an Overage Agreement. The Overage Agreement shall provide an uplift of 33.33% triggered by development on the site at any time within the next 30 years. The uplift shall be calculated as the difference between the existing use value of the land and the value with planning permission. Development shall not include agricultural buildings.

Services

There are no mains services connected on the land.

Viewing

Strictly by appointment with the selling agents.