Sorry, but this property is no longer available or has been taken off the market.

Studio flat for sale

Ingram Lane, Sutton-On-Trent, Newark

Est. Mortgage £170 per month

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.

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Studio flat for sale

Ingram Lane, Sutton-On-Trent, Newark

Marketed by

35 Kirk Gate Newark NG24 1AD
Call agent on 01636 358891

Sorry, but this property is no longer available or has been taken off the market

Features

  • studio

Property details

An arable field extending to 5.34 acre or thereabouts this season growing oil seed rape. A field with light sand loam characteristics capable of growing high yield cereal and root crops. The land is accessed directly from Ingram Lane.

Services - There are no services and no water connected.

Access - Access is by Ingram Lane, Sutton On Trent.

Viewing - The land can be viewed from the roadside.

Tenure - The land is freehold and offered with full vacant possession on completion of the sale.

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.

Plan - A plan is attached to these particulars for identification purposes and is outlined green.

Rural Payment Agency - The land is registered under the stewardship scheme and the vendors are prepared to request a transfer of the entitlements.

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 £45,000.

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.

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.

Additional info

Property first listed: Over a month ago

Mortgage

£ £ %
Monthly Repayment

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.

DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Richard Watkinson & Partners - Kirk Gate. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Richard Watkinson & Partners - Kirk Gate for full details and further information.