A rare opportunity to acquire a parcel of land extending to 1.82 acres on the outskirts of Neston within the green belt. The land is currently utilised as privately let allotments, paddocks and stables.
The land is situated on the outskirts of Neston, close to the Chester High Road and adjoining residential property, paddock land to the rear and the public house/restaurant and petrol station to the side. The site has planning approval for 31 allotments, however, it is currently set out for 18 of which we understand 7 are let producing a rent in the region of £300 per allotment per annum. Planning approval has been rejected for two dwellings and appeal dismissed in January 2016. Nonetheless, we consider the site to have long term investment/development potential. The site is sold subject to an overage provision requiring the Purchasers to pay to the Vendors a 50% of any increase in v... Read more