Land Off, Peterborough Way

Sleaford, Lincolnshire NG34 8TW

Guide price £550,000

LOCATION

Sleaford is a substantial market town situated at the junction of the A15 and A17, 17 miles south of Lincoln and 19 miles east of Newark / the A1. It has a growing population of about 17,500 with retailing in the town centre based on Southgate and principal industrial employment along East Road.

This land is situated to the north of Sleaford town centre with good access onto the Holdingham roundabout at the junction of the A15 & A17. There are nearby retail and convenience facilities including a McDonalds. This is considered to be a good residential location with good access to the town centre and road transport facilities.

DESCRIPTION

The property is a former bowling green which is broadly level. The land extends to about 0.34 ha (0.83 ac) and is wedge shaped. The planned principal access for development is off Peterborough Way but there is a right of way from Lincoln Road to the property across the car park of the Jolly Scotchman public house

PROPOSED DEVELOPMENT

Planning permission has been granted for residential development of the site based on 9 dwellings. The proposed layout of the site is based on a spine road leading off Peterborough Way which will be part adopted and part private drive. There may be opportunities for future access in respect of land to the north.

The indicative layout for the outline planning permission shows 6 detached houses and a terrace of 3 smaller units being Affordable Housing. Interested parties should make their own enquiries about the possibility of alternative developments that could increase the number of units and/or reduce the commitment for affordable housing.

There is a signed section 106 agreement in respect of the planning permission for a payment of £21,600 to Sleaford Town Council for replacement sporting facilities.

SERVICES

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.

TENURE

Freehold with vacant possession upon completion

EASEMENTS, WAYLEAVES AND RIGHTS OF WAY

The land will be sold subject to and with the benefit of all existing easements, wayleaves and rights of way.

GUIDE PRICE

£550,000. Offers are invited for consideration

VAT

Prices quoted in these particulars are net of VAT. We are informed by the vendors that VAT will be charged on the sale.

LEGAL COSTS

Each party is to be responsible for their own legal costs.

VIEWING

Strictly by appointment with the agents.

PLANS

The plans attached to these particulars are for identification purposes only and do not constitute part of any contract. They are not to scale.

VIEWING

For further information or to arrange a viewing please contact sole agents JHWalter:

Andrew France BSc (Hons) MRICS
01522 504319 / 07795 657792 / andrewfrance@jhwalter.co.uk
John Elliott BSc (Hons) MRICS ACIArb MNAVA
01522 504304 / johnelliott@jhwalter.co.uk

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