Mickleton, County Durham, DL12

The land at Little Garth extends to 0.05 hectares (0.13 acres) and comprises a 0.04 hectare (0.10 acre) paddock occupying a roadside location in the heart of Mickleton. The paddock has a stone wall boundary and a track lies to the western side of the paddock over which a right of way to the neighbouring property exists.

Subject to obtaining the  necessary consents, the paddock may be suitable for residential development.

 The property is understood to be held leasehold, on a 1000 year lease beginning the 4th November 1607, with approximately 581 years remaining and no ground rent being payable. The property is being offered with vacant possession upon completion.

Overage Clause

The land is sold subject to an overage provision, commonly known as a development clawback. The purchaser will be obliged to pay the seller 25% of the uplift in value of the land if planning consent is granted within a period of 30 years from the date of completion, for any use other than agricultural or equestrian. The overage will be triggered by the implementation of, or sale with, said planning permission. The terms of this provision may be negotiable, depending upon the offer received.

Wayleave Agreement

The land is subject to a wayleave agreement and an annual rent is paid to the landowner. Further details of this Agreement can be provided by the Agent.

 Rights & Easements

The property is subject to a right of access over the track to the west of the land in favour of the adjoining property. This is broadly represented by the yellow dashed line on the illustrative sale plan. Buyers should refer to the Title Documentation for the exact legal position. Further details  on this can be provided by the Agent.