Residential Development for sale in Off Stricklands Drive
LOCATION
• Former Playing Field having a Total Site Area of About 0.56 Hectares (1.37 Acres)
• Situated just to the South of the Centre of the Large Village of Crowland within an Existing Residential Area
• The Site lies within both the Existing Local Plan and the proposed emerging Local Plan Settlement Boundaries for Crowland
• To be Sold Subject to a Development Uplift Clause or on a Conditional to Planning Basis
BEST AND FINAL OFFERS INVITED BY 12 NOON ON FRIDAY, 6 OCTOBER 2017
DESCRIPTION
The property comprises a level playing field laid to grass in an existing residential area and comprises the former South View Primary School Playing Field which is now surplus to requirements. The property extends to approximately 0.56 hectares (1.37 acres) or thereabouts and is shown for identification purposes on the plan at the rear of these particulars outlined in red.
Access to the site is by way of a 12ft wide right of way from Stricklands Drive shown outlined in green on the plan at the rear of these Particulars. The access road is not owned by the vendors. There is a steel access gateway between the right of way and the site.
DEVELOPMENT CLAWBACK:
The property will be sold on either the basis that the purchaser will make a conditional upon planning offer or alternatively on an existing use basis and the Vendors will retain a development uplift of 50% should Planning Consent be granted in the future for residential development or any alternative use in the future. Such development uplift to be for a period of 25 years.
MARKETING PROCESS:
The property is offered For Sale by Private Treaty on an ‘Offers Invited’ basis.
VIEWING
By inspection with a copy of the Sale Particulars to hand.
Property Ref: 58325_101505008920
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