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Playing Field - Crowland

£100,000
Sold Subject To Contract


GENERAL DESCRIPTION:
The property comprises a level playing field laid to grass in an existing residential area and comprises the former South View Primary School Playing Field which is now surplus to requirements. The property extends to approximately 0.56 hectares (1.37 acres) or thereabouts and is shown for identification purposes on the plan at the rear of these particulars outlined in red.

Access to the site is by way of a 12ft wide right of way from Stricklands Drive shown outlined in green on the plan at the rear of these Particulars. The access road is not owned by the vendors. There is a steel access gateway between the right of way and the site.


DEVELOPMENT CLAWBACK:
The property will be sold on either the basis that the purchaser will make a conditional upon planning offer or alternatively on an existing use basis and the Vendors will retain a development uplift of 50% should Planning Consent be granted in the future for residential development or any alternative use in the future. Such development uplift to be for a period of 25 years.

MARKETING PROCESS:
The property is offered For Sale by Private Treaty on an 'Offers Invited' basis.


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