Land on Station Road

A grass field extending to 3.76 acres, conveniently situated on the edge of Collingham village. The land, approached by a right of way, is adjacent to the Dykes End residential area to the west, woodland to the south and the east boundary runs alongside the Lincoln/Nottingham railway line.

The pasture is level, light loam sandy gravel free draining and ideal for equestrian purposes.

The land offers potential for long term development and will be sold subject to an overage agreement.

Viewing - For sale with vacant possession, but please note it is currently occupied with horses and viewing is strictly by appointment with the selling agents.

Access - Access is by right of way and courtesy of the adjoining land owners.

Public Footpath - A public footpath crosses the north west corner of the site, as shown on the attached plan.

Plan - A plan is attached to these particulars for identification purposes and the land is outlined in red.

Pipeline - An underground oil pipeline crosses the land and a plan is available on application to the agents for identification purposes. The land is sold subject to existing easment.

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

Possession - Vacant possession will be given on completion.

Covenant And Overage Agreement - The land offers potential for long term development and will be sold subject to an overage agreement. The overage agreement shall provide for an uplift of 35% triggered by development on the site at any time within the next 50 years, and this percentage overage will be based on the difference between the value of the land for agricultural or equestrian use and the bare land development value with planning permission.

Services - There are no mains services connected to the land.



Marketed by: Richard Watkinson & Partners, Newark