Sorry, but this property is no longer available or has been taken off the market.
Est. Mortgage £755 per month
Sorry, but this property is no longer available or has been taken off the market
River Trent side grass land extending to 34.77 acres or thereabouts including the flood bank. The land is access by Sutton Holmes and Meadow Lane and provides excellent grazing for livestock.
An ideal opportunity for wildlife and nature conservation with a pleasant idyllic situation.
Services - There are no services and no water connected.
Tenure - The land is freehold and offered with vacant possession on completion.
Overage Agreement - Purchasers will enter into an Overage Agreement providing for a payment of 33.33% of the uplift in value between agricultural land value and development land value in the event of Planning Permission granted for mineral extraction, oil extraction, residential or commercial property development. The period of the Overage Agreement shall be 50 years. Development of agricultural buildings and equestrian buildings is exempt from the overage.
Viewing - Strictly by appointment with the selling agents. Please note the field gate to Sutton Holmes is locked and prior appointment is necessary.
Rural Payment Agency - Strictly by appointment with the selling agents. Please note the field gate to Sutton Holmes is locked and prior appointment is necessary.
Informal Tender - The land is offered by informal tender with a closing date for offers Friday 10th September 2021. Purchasers should be in a position to complete the sale by 15th October 2021.
PRICE GUIDE £200,000
Informal Tender Procedure - We are inviting best and final offers in writing to reach this office no later than Friday 10th September 2021. Offers should be in a sealed envelope addressed to Richard Watkinson & Partners, 35 Kirkgate, Newark, Nottinghamshire, NG24 1AD with the envelope clearly marked with the Lot number(s).
Proof of funding will be requested before an offer is accepted subject to contract. Offers should be for a fixed amount and subject to contract.
The Vendors shall not be bound to accept the highest offer or any offer. Legal completion is anticipated 15th October 2021.
Plan - The area is outlined pink on the attached plan.
Access - A right of way, vehicular and on foot will be reserved for access to the Fishing Rights. The Fishing Rights will be offered for sale separately at a later date.
Fishing Rights - The Fishing Rights are not included in the sale but will be offered separately from March 2022 when the current agreement to the Waltonians Fishing Club expires.
Additional Lots - The Farming Enterprise is relocating to Cumbria. Additional land is available. A Schedule of Lots is listed below on which individual sale particulars and plans are available.
Property first listed: Over a month ago
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 1.9% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.