Development opportunity! 2.5-acre land parcel on Norton Green Lane, Knowle. Vendor seeks option agreement: 10-year duration, £1 upfront, £1M on planning permission, buyer covers legal fees. Prime location near amenities, schools, railway station, Solihull town centre, and M42 access.

DEVELOPMENT OPPORTUNITY

We have been instructed to sell a parcel of land, approx 2.5 acres in size. located on Norton Green Lane, Knowle, which may be suitable for a variety of uses.

The vendor is looking for an option agreement with the below terms:

• 10 Year Option Agreement

• £1 Payable Upfront

• £1,000,000 At Point Of Planning Permission Being Granted

• Best Endeavours Clause Will Be Applicable

• Buyer Pays The Vendors Legal Fees

• Exchange before 31/10/2024

LOCATION

Located and well placed for all local amenities, schools (Knowle Junior & Infant and Arden Secondary School) and Dorridge railway station which provides commuter services between London Marylebone and Birmingham Snow Hill. Solihull town centre is within just three miles and provides further and more comprehensive facilities with Junctions 4 and 5 of the local M42 leading to the Midlands motorway network.

TENURE
Freehold

LOCATION
Located and well placed for all local amenities, schools (Knowle Junior & Infant and Arden Secondary School) and Dorridge railway station which provides commuter services between London Marylebone and Birmingham Snow Hill. Solihull town centre is within just three miles and provides further and more comprehensive facilities with Junctions 4 and 5 of the local M42 leading to the Midlands motorway network.

INFORMATION FOR POTENTIAL BUYERS
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be required to produce identification documentation at the point an offer is accepted as we are required to undertake anti-money laundering (AML) checks such that there is no delay in agreeing the sale. Charges apply per person for the AML checks. 2. These particulars do not constitute in any way an offer or contract for the sale of the property. 3. The measurements provided are supplied for guidance purposes only and potential buyers are advised to undertake their measurements before committing to any expense. 4. Xact Homes have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 5. Xact Homes have not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.