UKLAND&FARMS

For Sale - £70,000 - 3.65 acres, Lot 2, Ivy Farm, East Mersea, Colchester, Essex, CO5

Fenn Wright
1 Tollgate East, , Stanway, Colchester, Essex CO3 8RQ

Tel:01206 216550
E-mail: dw@fennwright.co.uk

• Extending to approximately 3.65 acres
• Potential development opportunity, subject to planning
• Includes a 3.2 acre meadow

LOCATION The land is located on the picturesque Mersea Island, approximately 11 miles south of Colchester, and extends from the village of East Mersea to the Colne Estuary. DESCRIPTION - Lot 2 Extending to approximately 3.65 acres, this includes a potential development plot (subject to planning) fronting onto Ivy Lane and a 3.2 acre meadow. AGENTS NOTE: Please note viewing is strictly by appointment only via sole selling agents, Fenn Wright. ENVIRONMENTAL STEWARDSHIP The land currently forms part of an agreement under ELS/HLS (running until 30 June 2028) and the buyer will be obligated to take over the management agreement where it applies to those land parcels. The apportioned annual income for the scheme is estimated at £3,000 per annum. Further details of the scheme and management options can be obtained from the seller's agent. ACCESS Lot 2 can be accessed directly off Ivy Lane or via a secondary right of way leading off the driveway to Golf House. RIGHTS RETAINED The seller will retain a vehicular right of way over the land to the north of Ivy Farmhouse in order to access a boat mooring and launch. A pedestrian right of way will also be reserved over the field to the east of the house to join up with the coastal path running along the sea wall. OVERAGE An Overage will apply to Lot 2 - reserving to the seller 30% of any uplift in value as a result of residential development for a period of 25 years TENURE Vacant possession will be given on completion of sale. VAT The seller has not elected to register the property for VAT and no VAT will be chargeable on the sale price. TERMS Offers in the region of £70,000 are invited for the freehold interest in Lot 2.