Here's part of the information describing the sites:
“A large supermarket chain has recently obtained detailed planning permission for a new development located on the eastern outskirts of the town which will further enhance Nairn’s retail offering.
Nairn is an expanding commuter town located approximately 16 miles to the east of Inverness. The town has been the focus of considerable development within recent years, with further significant developments proposed."
'Offers sought of £100,000 for each 1-acre plot'. That's rather more than the going rate for agricultural land, of course. Sure, Capital Gains Tax will swallow the odd 40% of it, unless someone's accountant can find enough offsets to wipe that out (?)
ReplyDeleteIt will be interesting to see who has enough confidence in the future to buy the land. Times are supposed to be hard.