Land for sale in Lot 4 | The Kerrison Portfolio, Thorndon, Eye, Suffolk IP23

A small block of woodland with road frontage

Description
Located to the south of the Stoke Road is Lot 4. A small block of amenity woodland that benefits from direct access and positioning onto the Stoke Road.

Lot 4 is to be sold subject to an Overage Agreement. The Vendor will benefit from 30 % of any uplift in the Market Value of the land if Planning Permission or Permitted Development results in an alternative use.

The valuation date will be the date of planning permission and the Overage will be effective for 30 years from the date of completion of the sale. The payment will be due upon the implementation of the Permission or a disposal with the benefit of the Permission.

Location
The portfolio is located within the village of Thordon. Thorndon benefits from a community shop, public house and primary school. The market town of Eye is approximately 3 miles away which offers an array of facilities including
a number of different shops, services, public houses and a secondary school. The larger market town of Diss is approximately 8.5 miles to the east and includes a main line rail link to Norwich, Ipswich and London. The journey time from Diss to Norwich is from 17 minutes, Ipswich from 22 minutes and London Liverpool Street from 1 hour 36 minutes.

Acreage:
0.47 Acres