Lot
042
Auction Ends: 19/07/2023 13:14 - Bidding opens Tuesday 18th July 10:00 AM

Land At A46, Thorpe On The Hill, Lincoln, Lincolnshire, LN6 9NW

Property Details
Location
Description
Parcel of freehold amenity land with a total approximate area of 0.2 Acres (0.08 Ha) offered subject to a clawback provision.
Location
The site is located south of the intersection of the A46 and Thorpe Lane in South Hykeham approximately 7 miles south west of the city of Lincoln.
Approx Site Area
The site is made up of two individual titles . Part One is approximately 0.0364 hectares (0.09 acres) of amenity land. Part Two is approximately 0.0445 hectares (0.11 acres) of amenity land sitting to the south of Part One. The total area of both parts together is approximately 0.08 hectares (0.20 acres).
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. The clawback provision is set out as being 30% of the uplift in value attributable to a qualifying change of use and will apply for a term of 30 years. A qualifying change of use is achieving Planning consent for any residential or commercial development which is more valuable than its Existing Use, or an access supporting such uses on neighbouring land which is more valuable than its existing Use. Interested Parties must refer to the legal pack for full details of the clawback provision.

2. The contract states that the land should not be used for any purpose other than amenity land.

3. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

4. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 18TH JULY AND CLOSES ON WEDNESDAY 19TH JULY.

5. The site plan uploaded is for indicative purposes only, interested parties should rely on the legal pack for full information.

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