Sunnydale - Lot 4

Approx 3.48 acres pasture, possibly with long term development potential, subject to planning permission, in peaceful & timeless rural surroundings. One of 4 adjoining lots. Tender date 27/5/22

Method Of Sale - The land is being offered for sale by Informal Tender/Sealed Bids. The target date is noon on Friday 27th May 2022. Tender forms are available from the selling agents. The vendors reserve the right to consider offers prior to the due. date. They also reserve the right not to accept the highest or any offer.

Lot 4 - Guided in excess of £50,000, is approximately 3.48 acres of pasture with independent access from the lower lane. This adjoins existing settlement and may have long term development potential, subject to planning permission. Accordingly, this lot whether sold separately, or as part of the whole, will be subject to an ‘overage’ clause which would mean that if a buyer goes on to achieve planning consent for 1 or more separate residential properties, the existing owners will be entitled to 30% of any uplift in value for a term of 30 years. The actual detail of the clause will be set by the vendor’s solicitors when issuing the sale contract. As it is, this makes an ideal pony paddock or simply a little piece of England to be enjoyed for a variety of other potential interests.

Special Note - All acreages are estimated as not all proposed boundaries are in place. The lots are therefore being sold as seen. When sales are agreed, contract plans will be prepared and exact acreages confirmed. Respective purchasers will be required to fence off their purchases if the property is sold in separate lots. The vendors intend to agree sales on all 4 lots after the tender target date and to aim for simultaneous exchange of contracts on all 4 lots. There is an easement across Lots 1, 2 and 3 in favour of British Gas and gas pipe [ Also Open Reach & Western Power have Wayleave agreements over Lot 3]



Marketed by: Stags, Barnstaple