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MyWinkworth

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Shepherds Close, London, N6

Land in London

£77,000 Freehold

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A unique opportunity to purchase a plot of land together with a freehold single lock-up garage.

The plot of land measures approximately 161 sq. metres and could lend itself to future development (please refer to overage clause). The single lock-up garage sits a midst a battery of similar garages, accessible by service road via Eton Court on Shepherds Hill, along with pedestrian access from Shepherds Close.

Overage Clause:

The owner reserves the right to impose an overage clause relating to any future development of the land:
“Should any development on, over, under or around the current land site ensue, the current owner will be entitled to either 10% of the development profit or the average estimated selling price of the new property 18 months from the first day of the starting of builders on-site. The estimated selling price to be provided by three local estate agents. The term of this overage clause is five years from the date of purchase.”

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