Amenity land at Cherrytree Lane
Soham, Ely, Cambridgeshire, CB7 5AW
Guide Price
£15,000
Residential Tags: N/A
Property Tags: N/A
Land Tags: Overage / Clawback, Pasture Land
Summary Details
- First Marketed: Jul 2022
- Removed: Dec 2022
- Residential Tags: N/A
- Property Tags: N/A
- Land Tags: Overage / Clawback, Pasture Land
A unique opportunity has arisen to purchase the freehold of this parcel of amenity land to the south of this popular market town. The land measures approximately 1.1 acres and has hedgerows and fencing to much of its borders with various mature trees and grassland. With a variety of end uses subject to the necessary approvals, offers are invited by informal tender.
Soham - Soham is the second largest market town in East Cambridgeshire and is located between Ely (6 miles) and Newmarket (7 miles), both of which have a wide range of shopping and leisure facilities. The A142 has good connections with Cambridge via the A14.
Soham has its own range of local shops including the Co-Op & Asda and small eateries, pubs, hairdressers, leisure centre and doctors surgery. The town is a popular place to live for families due to the area’s proximity to Cambridge, Ely and Bury St Edmund’s. There are three primary schools feeding into the well regarded Soham Village College. Soham train station opened at the end of 2021 and links to Ely and the mainline to Cambridge and London. London Stanstead airport is a 40 minute drive via the A11.
Description - Measuring approximately 1.1 acres, this amenity land has hedgerows and fencing to much of its borders with various mature trees and grassland. Situated just off a byway which is accessible by vehicles and with a 5 bar entrance gate, the land offers a variety of end uses subject to the necessary approvals.
Offers - We have now received considerable interest as expected and have several offers. As a result, we shall be going to Best and Final offers with a deadline of 5.00pm on Monday, 8th August.
For clarification, all offers must:
1 - Be received in writing/email prior to 5.00pm on 8th August.
2 - Include full details of the proposed buyer(s) - names, address, contact details
3 - Include proof of funds.
4 - Include solicitor details to be used in the purchase (we can recommend if needed)
5 - Include proposed timescales for exchange and completion
6 - Include acceptance of the overage provision of a 30% uplift for a 25 year period.
7 - Include acceptance of a non-refundable reservation fee of £2,000 (returnable in the event of withdrawal by the seller)
8 - Have no other conditions attached.
Furthermore, best and final means FINAL. If your offer is not accepted, you will not be allowed to increase/revise your offer. In the unlikely event of identical offers, the sellers will reserve the right to extend the terms above. In addition, if, in the unlikely event that the winning bidder withdraws, the next highest bidder will be offered the opportunity to bid.
The seller’s decision is final and the winning bidder will be informed on Tuesday 9th August at the latest.
Notes - Council is East Cambridgeshire District Council
Registered under Land Registry title number CB355514.
There will be an uplift overage of 30% applied for a period of 25 years should the site get planning for residential or commercial development.
Marketed by: Bovingdons, Soham
Soham - Soham is the second largest market town in East Cambridgeshire and is located between Ely (6 miles) and Newmarket (7 miles), both of which have a wide range of shopping and leisure facilities. The A142 has good connections with Cambridge via the A14.
Soham has its own range of local shops including the Co-Op & Asda and small eateries, pubs, hairdressers, leisure centre and doctors surgery. The town is a popular place to live for families due to the area’s proximity to Cambridge, Ely and Bury St Edmund’s. There are three primary schools feeding into the well regarded Soham Village College. Soham train station opened at the end of 2021 and links to Ely and the mainline to Cambridge and London. London Stanstead airport is a 40 minute drive via the A11.
Description - Measuring approximately 1.1 acres, this amenity land has hedgerows and fencing to much of its borders with various mature trees and grassland. Situated just off a byway which is accessible by vehicles and with a 5 bar entrance gate, the land offers a variety of end uses subject to the necessary approvals.
Offers - We have now received considerable interest as expected and have several offers. As a result, we shall be going to Best and Final offers with a deadline of 5.00pm on Monday, 8th August.
For clarification, all offers must:
1 - Be received in writing/email prior to 5.00pm on 8th August.
2 - Include full details of the proposed buyer(s) - names, address, contact details
3 - Include proof of funds.
4 - Include solicitor details to be used in the purchase (we can recommend if needed)
5 - Include proposed timescales for exchange and completion
6 - Include acceptance of the overage provision of a 30% uplift for a 25 year period.
7 - Include acceptance of a non-refundable reservation fee of £2,000 (returnable in the event of withdrawal by the seller)
8 - Have no other conditions attached.
Furthermore, best and final means FINAL. If your offer is not accepted, you will not be allowed to increase/revise your offer. In the unlikely event of identical offers, the sellers will reserve the right to extend the terms above. In addition, if, in the unlikely event that the winning bidder withdraws, the next highest bidder will be offered the opportunity to bid.
The seller’s decision is final and the winning bidder will be informed on Tuesday 9th August at the latest.
Notes - Council is East Cambridgeshire District Council
Registered under Land Registry title number CB355514.
There will be an uplift overage of 30% applied for a period of 25 years should the site get planning for residential or commercial development.
Marketed by: Bovingdons, Soham
Land Registry Data
- No historical data found.