For Sale - PPH Commercial
Land Northfields, off Grimsby Road, Louth, Lincolnshire, LN11 0LA
For Sale • Freehold development site. • Excellent location just off the A16 to the north west of Louth town centre. • Approx. 0.84 ha (24.31 acres) in total. • Rare opportunity suitable for a variety of uses, subject to planning permission. • Adjacent to D S Smith factory and opposite the popular and well established Fairfield Industrial Estate.
Europarc | Innovation Way | Grimsby | North East Lincolnshire | DN37 9TT 01472 267513 pph-commercial.co.uk
Chartered Surveyors & Commercial Property Consultants
Charles Atkinson | 01472 267513 [email protected]
Northfields, off Grimsby Road Louth, Lincolnshire, LN11 0LA Location Louth is a busy market town with a population of approximately 15,000 people and is known as the capital of the Lincolnshire Wolds. Louth is situated off the A16 main road approximately 24 miles east of Lincoln and 15 miles south of Grimsby.
Terms The site is available ‘For Sale’ freehold with the benefit of vacant possession upon completion.
Legal Costs Each party will be responsible for their own legal costs incurred in the transaction.
Price £1,200,000 VAT
The site itself is situated adjacent to the D S Smith factory and opposite the popular and well established Fairfield Industrial Estate just off the A16 main road.
Description The site comprises a relatively regular shaped parcel of land with frontage to the A16 main road. Total Site Area
9.84 ha
(24.31 acres)
We have been advised that VAT will not be payable on the purchase price. Planning The site has previously had planning permission for employment use. This consent has now lapsed but the Local Authority have indicated that they would grant planning permission for a similar use again subject to an appropriate application being made. Employment use covers operations falling within B1, B2 and B8 Uses. We also feel that there is potential for other uses including offices, hotel, medical, care home etc. subject to planning permission. If planning permission for any of these other uses is obtained by the purchaser, an overage clause to cover any increase in value due to the change of use will need to be negotiated (further details available on request).
FOR IDENTIFICATION PURPOSES ONLY. NOT TO SCALE
Date: August 2017
File Ref: 7730SL/1
Interested parties should make their own enquiries direct to the Local Authority being East Lindsey District Council on Tel: 01507 601111.
For further information and viewing Europarc | Innovation Way | Grimsby | North East Lincolnshire | DN37 9TT 01472 267513 pph-commercial.co.uk
Charles Atkinson | 01472 267513 [email protected]
PROPERTY MISREPRESENTATION, MISDESCRIPTION & FINANCIAL SERVICES ACTS PPH Commercial Limited for themselves and for their clients of this property, give notice that: (i) these particulars are a general outline only and do not constitute the whole or any part of an offer or contract; (ii) PPH Commercial Limited cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use or other details contained herein. Prospective purchasers or tenants must satisfy themselves as to their accuracy; (iii) no employee of PPH Commercial Limited has any authority to make or give any representation or warranty or enter into any contract in relation to the property; (iv) rents or prices quoted in these particulars may be subject to VAT in addition.
For Sale • Freehold development site. • Excellent location just off the A16 to the north west of Louth town centre. • Approx. 0.84 ha (24.31 acres) in total. • Rare opportunity suitable for a variety of uses, subject to planning permission. • Adjacent to D S Smith factory and opposite the popular and well established Fairfield Industrial Estate.
Europarc | Innovation Way | Grimsby | North East Lincolnshire | DN37 9TT 01472 267513 pph-commercial.co.uk
Chartered Surveyors & Commercial Property Consultants
Charles Atkinson | 01472 267513 [email protected]
Northfields, off Grimsby Road Louth, Lincolnshire, LN11 0LA Location Louth is a busy market town with a population of approximately 15,000 people and is known as the capital of the Lincolnshire Wolds. Louth is situated off the A16 main road approximately 24 miles east of Lincoln and 15 miles south of Grimsby.
Terms The site is available ‘For Sale’ freehold with the benefit of vacant possession upon completion.
Legal Costs Each party will be responsible for their own legal costs incurred in the transaction.
Price £1,200,000 VAT
The site itself is situated adjacent to the D S Smith factory and opposite the popular and well established Fairfield Industrial Estate just off the A16 main road.
Description The site comprises a relatively regular shaped parcel of land with frontage to the A16 main road. Total Site Area
9.84 ha
(24.31 acres)
We have been advised that VAT will not be payable on the purchase price. Planning The site has previously had planning permission for employment use. This consent has now lapsed but the Local Authority have indicated that they would grant planning permission for a similar use again subject to an appropriate application being made. Employment use covers operations falling within B1, B2 and B8 Uses. We also feel that there is potential for other uses including offices, hotel, medical, care home etc. subject to planning permission. If planning permission for any of these other uses is obtained by the purchaser, an overage clause to cover any increase in value due to the change of use will need to be negotiated (further details available on request).
FOR IDENTIFICATION PURPOSES ONLY. NOT TO SCALE
Date: August 2017
File Ref: 7730SL/1
Interested parties should make their own enquiries direct to the Local Authority being East Lindsey District Council on Tel: 01507 601111.
For further information and viewing Europarc | Innovation Way | Grimsby | North East Lincolnshire | DN37 9TT 01472 267513 pph-commercial.co.uk
Charles Atkinson | 01472 267513 [email protected]
PROPERTY MISREPRESENTATION, MISDESCRIPTION & FINANCIAL SERVICES ACTS PPH Commercial Limited for themselves and for their clients of this property, give notice that: (i) these particulars are a general outline only and do not constitute the whole or any part of an offer or contract; (ii) PPH Commercial Limited cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use or other details contained herein. Prospective purchasers or tenants must satisfy themselves as to their accuracy; (iii) no employee of PPH Commercial Limited has any authority to make or give any representation or warranty or enter into any contract in relation to the property; (iv) rents or prices quoted in these particulars may be subject to VAT in addition.
