Land Plots for Sale in the Magherafelt, UK

Several factors can impact the price of Land Plots, including the size and location of the property, planning status, access to utilities, local demand, and future development potential.

There is a diverse range of commercial properties available in Magherafelt to suit various business needs. Magherafelt offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries.

Not necessarily, but land with outline or full planning permission is generally more valuable and easier to develop. If buying without permission (often called 'strategic land'), you’ll need to apply through the local planning authority before development can proceed.

Brownfield land refers to previously developed land (e.g. former industrial or commercial sites), often with existing infrastructure. Greenfield land is undeveloped and typically located in rural or suburban areas. Brownfield sites may require more remediation but are often easier to gain planning consent for.

Check the planning history, local development plan, title and legal ownership, contamination or environmental risks, access rights, and any restrictive covenants. Engage planning consultants and solicitors early in the process.

Yes. Availability of electricity, water, sewage, and road access significantly impacts development viability and cost. Fully serviced plots are more desirable and typically fetch a premium.

Depending on planning permission, commercial land can be developed into retail parks, industrial estates, logistics hubs, office parks, mixed-use schemes, or leisure facilities. The site’s location and zoning will influence its most suitable use.

Buyers may be liable for Stamp Duty Land Tax (SDLT), VAT (if applicable), legal and surveying fees, and planning application costs. SDLT on non-residential land starts at 2% above £150,000 and rises to 5% over £250,000.