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14.17 acres, Land at Wingate Woods, County Durham
For Sale -
Guide Price £450,000
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The site extends to approximately 14.17 acres in total. Planning consent was granted in 2016 under reference
DM/16/03318/FPA with Durham County Council. Full
details of the application can be viewed on the DCC
website. Discharge of conditions 3, 8 and 9 relating to
access and further site investigations have been met,
so the planning is currently classed as commenced and
is live. The permission granted provides for the
construction of 10 holiday lodges each within
approximately 1 acre of woodland. Please refer to the
design document for information about the indicative
design of the lodges. Lodges can be used for a
maximum of 50 weeks per annum.
Tenure
The land is for sale freehold, with vacant possession to
be granted upon completion.
Access
Access, which is marked blue on the sale plan, is via a
field gate directly off Durham Road, Wingate. The
Seller will grant access rights over the area marked in
blue.
Services/Material Information
The land does not currently have an electricity supply
or water supply so new connections would need to be
made. A drainage report is available by request.
Overage
In the event that the Buyer or their successors in title
obtain planning consent to carry out any development,
that would increase the value of the land over the
agreed sale amount, overage will be payable at 50% of
the net uplift in value to the Seller, or their successors
in title. This provision will run for 25 years from the
date of purchase, and the trigger will be the
implementation of planning permission, or a sale with
its benefit. For the avoidance of doubt the current
permission for 10 holiday lodges will not trigger any
overage liability.
Burdens
The property is sold subject to all rights including rights
of way, whether public or private, rights of light,
support, drainage and other rights, obligations and
easements, quasi easements and restrictive covenants
and all existing and proposed wayleaves for masts,
pylons, stays, cables, drains and water, gas and other
pipes, whether or not constituted in the title deeds or
referred to in these particulars. The Buyers will be
held to have satisfied themselves as to the nature of
such burdens.
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