RESIDENTIAL DEVELOPMENT SITE 1.68 Hectares (4.15 Acres)
STOW LANE INGHAM LINCOLN LN1 2YP FOR SALE BY INFORMAL TENDER SITE PLAN
BEST OFFERS BY 12 NOON ON WEDNESDAY 11 MAY 2016 © Tele Atlas NV/Crown Copyright; Reproduced by Permission of Tele Atlas NV
LOCATION PLAN
A regular and level residential development site Cleared site with Planning Permission for 31 houses and 3 live/work units ‘Developer friendly’ consent with no Affordable Housing Provision Attractive semi-rural location within popular village about 6 miles north of Lincoln
LOCATION
METHOD OF SALE
The site is situated on the southern edge of the popular and attractive village of Ingham, which lies about 6 miles north of Lincoln. The village has a population of circa 1,000 and as the largest village in the area offers a good range of services, including a primary school, two pubs and a village shop, used by other smaller nearby villages, such as Cammeringham, Fillingham and Glentworth. The village and world famous Royal Air Force Base of Scampton, the home of the Red Arrows, is situated about 3 miles to the south.
The site is being offered for sale by way of Informal Tender with offers to be made on the attached Tender Form and received at the offices of Banks, Long & Co by no later than 12 noon on Wednesday 11 May 2016.
SITE The predominantly level and regular shaped site extends to about 1.68 hectares (4.15 acres) and has been cleared of all buildings. The site sits in an attractive semi-rural setting – but still within easy walking distance of the village amenities and offers wide ranging views over open countryside to the south and west. Vehicular access into the site is from Stow Lane, which borders the southern boundary.
Offers are invited for the whole site edged in red on the site plan on the rear of the Tender Form. Unconditional offers will be preferred – but conditional offers considered. In the case of conditional bids the conditions attaching to the offer must be clearly set out on the attached Tender Form. Offers are to be made for a fixed sum, unrelated to any other offer or event. Offers received by email will be considered. Proof of funding will be required at the time the tenders are submitted. PLEASE NOTE THAT THE VENDORS DO NOT BIND THEMSELVES TO ACCEPT EITHER THE HIGHEST OR ANY OFFER THAT IS MADE.
GUIDE PRICE TOWN AND COUNTRY PLANNING Planning Permission was secured in February 2016 for 31 houses and 3 live/work units, together with associated roads, drainage, landscaping and footpath on Stow Lane. A copy of the Planning Permission is available on request. This is a ‘developer friendly’ consent with no Affordable Housing – but there is a S.106 agreement which covers the conditions relating to the live/work units and within the Planning Permission, the construction of a new drain from the north western corner of the site, up to the pumping station adjacent to the village playing field car park and the installation of a public footpath on Stow Lane from the south eastern corner of the site to the existing public footpath on Lincoln Road.
Offers around £1.5 million are invited for the freehold interest of the site subject to vacant possession on completion.
LEGAL COSTS
ILLUSTRATIVE SITE LAYOUT
Each side to be responsible for their costs. NOTE – The vendors will retain a 1.5 metre strip of land around points A to D and E to I as shown on the plan on the rear. The vendors also reserve a right to access land adjacent to the north eastern corner of the site, in order to develop a single house, together with the right to connect to all mains services for the benefit of any dwelling constructed on this adjacent land.
SERVICES VIEWING Mains electricity, gas, drainage and water are available in the village, although the vendors can give no guarantee as to the location and capacity of these services and interested parties should therefore make their own enquiries in this regard with the service providers.
The site can be viewed during daylight hours – but parties visiting the site are advised to carry a set of these particulars with them.
VAT
Contact: James Butcher Tel: 01522 544515 Email:
[email protected] VAT will be payable in addition to the purchase price.
INFORMATION PACK
Ref:
JRB/LS/8698/C16
An information pack containing a copy of the Planning Permission, S.106 Agreement, drainage improvement and upgrade proposals and the various reports commissioned as part of the planning application is available on request.
DRAINAGE IMPROVEMENT AND UPGRADE STRATEGY