A fantastic opportunity to purchase and build your own home on an open market leasehold plot in a prime development site on Sark.
This property, formerly known as La Genetière Cottage, has been vacant since the mid-1990s. Located on the north-east coast of the island accessible from one of Sark’s principal thoroughfares, this is a primarily south-facing site with easy access. Much of the original stone could be made available for such a project.
The plot boundaries are shown below in solid red outline whilst the existing building is shown in broken red outline; the original plot equates to approximately 714m² / 7685’² / 0.18 acres, whilst the footprint of the existing building equates to approximately 108m² or 1162’². The vendors are also offering an additional optional plot of land as a private garden area opposite the existing plot which equates to 540m² / 5812’² / 0.13 acres.
La Genetiere Cottage has mains electricity, possible shared sealed sewage unit, shared borehole water.
Lease Term: Expires 100 years from the date of signing.
Ground Rent: £500 per annum with an annual RPI increase.
Property Tax: To be determined.
Viewing: By appointment only through Sark Estate Agents as the Vendor’s agents.
Possession: By arrangement.