Guide price £2,000,000
Gainsborough is a substantial market town alongside the river Trent with a population of over 18,500. Town centre retailing is now focused on the Marshalls Yard development with a range of good national retailers including Marks & Spencer, Body Shop, Greggs, Carphone Warehouse, Next, Prezzo and other national retailers.
Castle Hills, once known as Thonock, was once associated with the army camp of King Canute and is now a good quality suburb of Gainsborough to the north of the town centre. Gainsborough golf course is situated just on the opposite side of Little Belt from this site.
Local facilities include the new Castle Wood Academy adjoining this property and Queen Elizabeths High School on Morton Road to the west. Also adjoining the property is the West Lindsey Leisure Centre.
The property is a mainly level area of former playing fields which totals about 4.71 hectares (11.63 acres) presenting the opportunity for the development of up to 130 private houses. A new access will be built by the vendor from the site to The Avenue. The property has an attractive aspect with a golf course to the north and a wooded area to the west.
Outline planning permission has been granted for a residential development of the site for up to 130 dwellings without any obligations for Affordable Housing. Planning permission was granted under reference 131606 on 6th October 2016 subject to a section 106 requiring total contributions of £200,000 and requirements for the provision of public open space / local area for play. Access will be via a new road constructed off The Avenue which may be provided by the vendor subject to negotiation.
Further information about the planning permission can be found on the website of West Lindsey District Council. A copy of the section 106 agreement and other planning documents are available from the agent on request.
Interested parties should make their own enquiries of West Lindsey District Council on 01427 676676 for further
information in connection with planning.
We understand that mains water, drainage, gas and electricity are available for connection to the site. Interested parties should make their own enquiries of the service providers to confirm the availability and capacity of services.
Freehold with vacant possession upon completion
The property is sold subject to, and with the benefit of, all existing easements, wayleaves and rights of way whether or not specifically mentioned in these particulars
Prices quoted in these particulars are net of VAT. However, at the date of these particulars, we understand that the vendors have not elected to charge VAT.
Each party will be responsible for their own legal costs.
Strictly by appointment with the agents
Plans attached to these particulars are for identification purposes only and do not constitute any part of the contract. They are not to scale.
For further information or to arrange a viewing please contact sole agents JHWalter:
John Elliott BSc (Hons) MRICS ACIArb MNAVA
01522 504304 / firstname.lastname@example.org
Andrew France BSc (Hons) MRICS
01522 504319 / 07795 657792
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