LOT 8 – Chapel Flatts and Village car park extending to 22.81 acres (9.23 ha)

Ripley village car park is situated on the southern fringe of the village and extends to approximately 2.75 acres (1.1 ha) plus overflow car parking extending to approximately 4.40 acres (1.8 ha). The car park is operated by virtue of a contract that can be terminated by either party serving 3 months written notice. The Landowner retains the income from the car parking tickets purchased whilst the contractor owns and is responsible for the equipment and retains the income from penalty charge notices levied.

Chapel Flatts comprises a ring-fenced parcel of grassland extending to approximately 15.66 acres (6.34 ha). The land is used by the Estate to host events and fairs and is managed using a mixture of graziers and contractors.

The car park and Chapel Flatts is sold subject to a development clawback for a term of 30 years whereby if planning consent is granted for a change of use, a clawback of 50% of any uplift in value will be due in favour of the vendor and his successors in title.