About this property

Detailed Description

DESCRIPTION
The land at Briggate offers purchasers the rare opportunity to acquire a versatile block of productive arable land with extensive road frontage.

The land is all of good quality being primarily Grade 1 and 2 but including a small area of Grade 3 to the north. The soil is part of the Wick 2 series being a deep free draining slightly acid loam.

The land is directly south of the Weavers Way. The What3Words reference for the land is: ///heartache.feed.twit

GENERAL REMARKS & STIPULATIONS:

METHOD OF SALE
The property is offered for sale by private treaty as a whole.

TENURE & POSSESSION
The property is offered for sale freehold with vacant possession. Upon completion.

EXCHANGE OF CONTRACTS & COMPLETION
Exchange of contracts will take place within 21 days of receipt by the purchasers' solicitor of a draft contract with completion no later than 28 days thereafter. A deposit of 10% of the purchase price will be payable on exchange of contracts.

OVERAGE
The area hatched black is sold subject to an overage for 30-years at 30% of the increase in the site value due to a planning permission for development, or a later revised or varied planning permission which increases the value.

The value will be assessed at the date of planning permission and payable on the earlier of the commencement of the development or sale of the property, allowing the costs of obtaining the permission(s) as a deduction. The Base Value will be reassessed at the date of each trigger event.

AGENTS' NOTE
The title register refers to most of the land as being formerly copyhold and subject to: "the reservation of all mines and minerals (if any) expressly or impliedly reserved on enfranchisement (b) all rights of way water drainage light and other easements or rights in the nature of easements (if any) affecting the property or any part thereof (c) any liability which may exist to contribute towards the repair of the Parish Church of Worstead and (d) any wayleave agreements."

INGOING VALUATION
The land is currently cropped with oilseed rape and in addition to the purchase price the buyer will be required to takeover and pay for the growing crop. Fruther details are available from the selling agent.

VIEWING
For further information or to view please contact the selling agents Brown & Co. Please contact Sarah Lucas.