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Auction Property

Land at Limehouse Drove, Wretton, King's Lynn, Norfolk, PE33 9QW

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Vendor Solicitor in 2nd Column (First Page)

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Location:

Wretton is a pleasant village lying just off the A134 King's Lynn to Thetford Road.

Directions:

From Stoke Ferry, proceed into the village along Wretton Road. Limehouse Drove will be found on the left, signposted with a bridleway sign.

Viewing:

Call us for viewing arrangements.

General

Parcel of land laid mainly to grass and measuring approximately 3 acres (1.21 hectares), subject to measured survey. The land is currently let, producing £600 per annum, and we understand this is on a business tenancy agreement and is being used for storage. By way of background, the land was rented in 1973 under the terms of an agricultural tenancy agreement which was signed but not dated. In 1995 the tenant obtained a certificate of lawful use of the land for storage of pallets, scrap and building material and there is included in the sale pack a letter from the local council confirming that they were satisfied the tenant had used the land for that purpose since at least 1985. The seller's solicitors have advised the seller that the tenant has a business tenancy having used the land for business purposes since at least 1985. However the buyer will need to satisfy themselves as to the nature of the tenant's right of occupation.

Overage:

The land will be sold subject to an overage provision of 25% over 25 years. Full details will be available in the legal pack.