About this property
Key Features
Freehold with vacant possession
Includes small copse of woodland
Edge of village location
2.96 acres of grassland
Description
A superb opportunity to purchase 2.96 acres of grassland and woodland located on the edge of the popular village of Red Lodge.
Included in the curtilage of the land is a small area of woodland at the southern end of the site comprising a mixture of mature trees of various species. The land is in need of tidying.
The land is generally level and lies adjacent to the A11. The boundaries are in part marked by modern post and rail fencing whilst the remainder are marked mature hedges.
Tenure
Freehold with vacant possession
Location
The parcel of land is situated on the south western edge of the village of Red Lodge.
Heading from Newmarket north on the A11 exit at the junction site Chippenham/Fordham B1085. Cross over the A11 towards the village of Red Lodge. Upon entering the outskirts of the village turn left at the pub into Heath Farm Road. Follow Heath Farm Road until it’s end upon which the land can be found on the left hand side marked by a Cheffins ‘For Sale’ board.
Red Lodge is a popular and large village located mid-way between Newmarket and Mildenhall. The village has a range of shops and facilities and has undergone, and continues to undergo, significant expansion of both residential and commercial property.
Auctioneers Note
The land is sold subject to an overage clause which entitles the Vendor to 20% of any uplift in value triggered by development. The overage will run for a period of 25 years.
Lot Type
Land
Legal Packs
www.cheffins.co.uk/propertyauctions or Taylor Vinters, Merlin Place, Milton Road, Cambridge, CB4 0DP Tel: 01223 423444 Ref: DB
Viewing
Attend the site at all reasonable times during daylight hours with a copy of the particulars to hand.
Important notes
*Guide prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set up to or within the Guide Range or no more than 10% above a single figure Guide. The reserve price will remain confidential between the seller and the auctioneer.
Fees: The guide price excludes any additional fees that the purchaser may incur, to include, but not limited to, Buyers Contract fee, Stamp Duty Land Tax, VAT, legal and search fees etc. Please refer to relevant Auction Legal Packs for details.�