Chapel Farm Particulars

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A Bilfinger Real Estate company

For Sale Chapel Farm Park Home Estate Chapel Hill Nr Coningsby Lincolnshire LN4 4UZ

January 2015



Park home estate with excellent potential for further sales and good interim letting income

• Consent for 16 twin park home pitches with 4 sold units and 8 rental units sited with 4 further vacant pitches • Additional grazing paddock •

In all about 1.58 hectares (3.91 acres) of mature grounds

• Freehold for sale. Guide price £795,000

GV

Location

Description

Chapel Farm is located just outside the attractive village of

Chapel Farm extends to approximately 1.58 hectares

Coningsby in the heart of the Lincolnshire countryside.

(3.91acres) in total and is largely flat with views of the

The park benefits from good road connections to the City

surrounding countryside to the north and the east.

of Lincoln which lies 40km (25 miles) via the B1189 Lincoln

The property comprises a residential park home estate

Road with historic attractions including the cathedral,

with grazing paddock.

Lincoln Castle and the Medieval Bishop’s Palace. The property is not far from the coast and the seaside destination of Skegness is within 48km (29 miles) of the park and is popular for its sandy beaches and family based amusements. A short journey away is the market town of Horncastle which is within 13km (8 miles) and benefits from an array of shops, services and eateries.

Residential Park The park is accessed from a picturesque country lane and a private driveway leads to a tarmacadam visitor’s car park. The park is aimed at residents over the age of 55 and

The town of Coningsby is approximately 4 km (2.5 miles) from the park and offers a number of local pubs, supermarkets, hairdressers and doctors as well as the 15th Century parish church. There is a regular bus service to the

is currently developed for 16 park homes comprising 14 twin bases and 2 single bases. The current number of occupants is provided below:

local towns and villages, with the nearest bus stop just 400 metres from the park.

Type

Pitches

Owner occupied

4

The site entrance is accessed from a ‘T’ junction at the top

Rental units - occupied

5

of Humbridge Road. Adjacent to the park is a mix of

Rental units - vacant

3

Warden’s unit

1

Vacant – show homes sited

2

Vacant - developed

1

Total

16

residential dwellings, holiday parks and agricultural land with

views

over

countryside

and

beyond.

The units are generously spaced and capable of accommodating an adjacent garage and/or car parking space.

Grazing land

Trading Information

Beyond the park, to the north is an area of grazing land

The pitch fees for 2014/2015 are £1,440 per annum

which is separated from the park by low level hedging and

(£120 per month). We are also informed that the

landscaping, The land extends approximately 0.82 ha (2

rental units are achieving between £1,080 and £1,320

acres).

per annum inclusive of water charges.

It should be noted that there is underground mains gas

Tenure

pipe traversing the land.

The property is held freehold with vacant possession, subject to 4 individual park home agreements and five Assured Shorthold Tenancies.

Terms of sale The property is available for sale freehold, subject to the existing agreements. Any sales stock is to be purchased in addition at valuation or by negotiation. Currently there are 2 Step down to: rear pantry and back door.

show homes sited.

Services We are advised that the property has connections to main electricity, water and drainage. Gas is supplied by individual connections from above-ground LPG tanks. Agent’s Note: The services have not been tested or investigated and prospective purchasers should satisfy themselves as to the nature and adequacy of each of the services prior to commitment to purchase.

Planning and Site Licence The Site Licence (ref EL/R/H/6) refers to planning permission 035/1170/99 which permits 16 caravans for permanent residential use.

Council Tax The current entry on the Council Tax assessment shows that the occupied units fall within Band A, which is charged at £954.51 per annum for the financial year 2014/15. There is currently no Rateable Value and no Business Rates payable by the park owner

gva.co.uk/8517

Viewing and Information For further information or to arrange an inspection of the property, please contact the sole selling agents, GVA Retail Hotels and Leisure:

Peter Smith T: 0113 280 8075 M: 0792 081 2025 E: [email protected]

GVA is the trading name of GVA Grimley limited, conditions under which particulars are issued by GVA Grimley Limited for themselves, for any joint agents and for the vendors or lessors of this property whose agents they are, give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchases or lessors and do not constitute, nor constitute part of, an offer or contract. (ii) all descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) no person in the employment of GVA Grimley Limited or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property. (iv) all rentals and prices are quoted exclusive of VAT Reproduced by courtesy of the Controller of HMSO Crown Copyright reserved. Licence No 774359. If applicable, with consent of Chas E Goad, Cartographers, Old Hatfield, Geographers A-Z Map Co Ltd and/or The Automobile Association. For identification purposes only.

gva.co.uk/8517