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La Genetiere Cottage

£100,000

Details

  • £100,000
  • Open market building plot
  • Location: Ea
  • Lease: Lease expires 100 years from the date of signing.
  • Date Available: By arrangement
  • Market: Open Market

Property Description

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.

Price: £100,000.

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