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Sold Subject to Contract -
Lilleshall, Newport

Offers In Region Of £120,000

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A rare opportunity to purchase just over 10 acres of pasture land (approximately 40873 square metres) with lane side access in a rural area yet within a mile of the A518 Telford to Stafford road.

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Newport Branch
01952 820239

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Newport Branch
30 High Street, Newport, Shropshire, TF10 7AQ
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Opening Hours
Monday to Friday: 8.45am to 5.30pm
Saturday: 9.00am to 4.00pm

Property Summary

  • Just Over 10 Acres of Pasture Land (approx 40873 Square Metres)
  • Lane Side Access
  • Attractive Rural Location
  • A Short distance from Newport and Telford

Property Full Details

BRIEF DESCRIPTION A rare opportunity to purchase just over 10 acres of pasture land (approximately 40,873 square metres) with lane side access in a rural area yet within a mile of the A518 Telford to Stafford road.

The buyer shall enter into an overage agreement with the seller in respect of future residential development. The agreement shall be over a 25 year term with the seller receiving 30% of the difference between the enhanced value of the land (once planning permission has been implemented) and the agreed purchase price. In the event that part of the land is developed then the overage provisions shall continue to apply for the remainder of the land. All development and planning costs shall be factored into the purchaser's 70% share.

LOCATION The land is approximately 4.5 miles from the market town of Newport, with its High Street stores, smaller specialised shops and indoor market. The property is convenient for the West Midlands road network via the M54 and is in easy commuting distance by car of Telford, Newport, Cannock, Wolverhampton and Stafford. The property is approximately 7 miles from the more comprehensive, shopping, leisure and employment facilities offered by Telford Town Centre.

TENURE We are advised that the land is Freehold and this will be confirmed by the Vendors Solicitor during the Pre- Contract Enquiries. Vacant possession upon completion.

LOCAL AUTHORITY Telford and Wrekin Council. Tel: 01952 380000

PROPERTY INFORMATION We believe this information to be accurate, but they cannot be guaranteed. If there is any point which is of particular importance please obtain professional confirmation. All measurements quoted are approximate. These particulars do not constitute a contract or part of a contract.

VIEWING/PRE-SALES MARKETING ADVICE By arrangement with the Agents Office at 30 High Street, Newport, Shropshire, TF10 7AQ. Tel: 01952 820239 Email: newport@barbers-online.co.uk

DIRECTIONS From Newport High Street continue towards Upper Bar and at the sheep roundabout take the exit signposted A518 Telford. Continue over the next two roundabouts. After approximately a mile take the next turning right signposted The Humbers. Continue over the bridge and turn immediately right. Follow this road for approximately 1 mile where the land is located on the right hand side.

AML REGULATIONS To ensure compliance with the latest Anti Money Laundering Regulations all intending purchasers must produce identification documents prior to the issue of sale confirmation. To avoid delays in the buying process please provide the required documents as soon as possible. We may use an online service provider to also confirm your identity. A list of acceptable ID documents is available upon request.

METHOD OF SALE For Sale by Private Treaty.

NE23578220119

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