10 Woodview Close Lot • Terrain commercial • 6,3 Acres • 1 840 541 $ CAD • Worcester WR7 4PZ

Rare opportunity to acquire valuable parcel of land with agricultural buildings and residential development potential. Guide Price £1,000,000.
The land is for sale by Informal Tender with a closing date. Details of the Tender requirements are clearly outlined in the Tender Form that can be requested from Franklin Gallimore. Freehold with vacant possession on completion.
The eastern part of the land is previously described as a range of modern farm buildings. Three of which remain with others having been recently cleared by the current owners. This part of the site benefits from access over an unmade track. The remainder of the site is undeveloped and has a long frontage to the A422. To the west lies residential development fronting the main road, whilst the village centre lies directly opposite. The land is to pasture and ring fenced. It is believed that all mains services are situated in the adjacent highway. Applicants are advised to make their own enquiries of services to the relevant utility companies.
The sale is subject to an uplift/overage provision. The basis of which is an overage/uplift payment will apply should planning consent or permitted development for a change of use be secured on the land /buildings for 30 years post completion. The payment being calculated on the basis of 40% of the uplift in value between the purchase price or Market Value for the existing use (whichever is the higher) and the Market Value of the property with the benefit of the planning consent/permitted development achieved. This will apply incrementally to successive planning consents/permitted development.