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Land For Sale £50,000
Land To Front Of Water Tower, Soham Road, Fordham CB7


Description
This parcel of land of approximately 0.5 acres offers a variety of end uses subject to the necessary planning permissions. Situated immediately in front of the well recognised Water Tower and enclosed with fencing to all borders, the land sits midway between Fordham and Soham in a rural location. Offers are invited for the Freehold purchase.

Fordham And Soham

The site set in on the outskirts of this popular village which is nestled in rural Cambridgeshire between Newmarket and Soham and nearby Ely with good access to the A14, A11 and M11. The nearby A14 junction offers dual carriageway access to Cambridge and Bury St Edmunds, both approximately 17 miles distant. Cambridge, Ely, Soham and Newmarket all have railway stations providing excellent access to London.
Fordham is also only 5 miles from Newmarket, the renowned British HQ of Horse Racing. The town offers a range of interesting and varied shops and amenities, including the National Horse Racing Museum, twice weekly open-air market, hotels and many restaurants.
Soham is the second largest town in East Cambridgeshire and is located between Ely (6 miles) and Newmarket (7 miles), both of which have a wide range of shopping and leisure facilities. The A142 has good connections with Cambridge via the A14.
Soham has its own range of local shops including the Co-Op & Asda and small eateries, pubs, hairdressers, leisure centre and doctors surgery. The town is a popular place to live for families due to the area’s proximity to Cambridge, Ely and Bury St Edmunds. There are three primary schools feeding into the well regarded Soham Village College. Soham train station which opened at the end of 2021, links to Ely and the mainline to Cambridge and London. London Stansted airport is a 40 minute drive via the A11.

Title

Tenure And Possession

The site is for sale freehold, with vacant possession upon completion.

Planning

There are currently no planning applications on the site although planning for a single detached dwelling was recently refused. Details can be obtained from ecdc planning portal or the sellers sole agent In our opinion only, it may be possible to achieve planning for a suitable dwelling but purchasers must make their own enquiries and satisfy themselves as to the possibility of this.

Method Of Sale

The property is for sale by Private Treaty.

Offers

Offers are invited for the freehold purchase of the site. All offers will need to be confirmed in writing to the sellers sole agent and include the following:
1 - Any proposed conditions attached to the offer or whether offer is unconditional
2 - Proof of funding.

3 - Timescales for proposed submission of planning, exchange and completion.
4 - Proof of id.

5 - Details of Solicitors to be instructed on the purchase
6 - Confirmation of 10% deposit paid on exchange of contracts.
7 - Confirmation of acceptance of the overage clause of 30% for 25 years

Restrictive Covenants

The seller will be imposing an overage should planning be granted for either residential or commercial use on the site in the future. This will be enforceable for a period of 25 years from completion and will be based on 30% of the difference in the current value of the site and the value with planning permission.

Services

All prospective purchasers are to make their own enquiries as to the location/provision of services.

Wayleaves, Easements & Rights Of Way

The land is to be sold subject to all existing rights of way, public or private, light support, drainage, water and electricity supplies and allotted rights and obligations, easements, quasi easements and all wayleaves whether referred to or not in the sales particulars.
Purchasers will be deemed to have full knowledge and satisfied themselves as to the provisions of any such matters which may affect the property.

Value Added Tax

Should any sale of the land or any right attached to it become chargeable for VAT, then such tax will be the liability of the purchaser to settle in addition to the purchase price.

Local Authorities

East Cambridgeshire District Council -
Cambridgeshire County Council -

Viewings

Access to the site and viewings are strictly by appointment via Bovingdons Limited. When onsite, we would ask you to be a vigilant as possible for your own personal safety. - Call or

Follow the link for more information:
        
zoopla.co.uk

  
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