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.
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.