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For Sale£200,000.00

Residential Development Site, R/O 15/21 Water Lane, North Hykeham, Lincoln LN6 9QT

Residential, Land, Commercial Land , 0.5 Acres
Property type: Residential, Land, Commercial Land
Tenure: For Sale Freehold
Size: 0.5 Acres
Price: £200,000.00
Location: 15 Water Lane, Lincoln, LN6 9QT
Residential Development Site, Full Planning Permission for 4 units, potential for additional units - STP, close to all amenities.

An irregular shaped parcel of land currently forming part of the garden of 15-21 Water Lane.

The site extends to about 0.20 hectares (0.50 acres) and has a direct frontage to Water Lane, which provides vehicular access into the site.

The site is situated in an established residential location to the rear of 15-21 Water Lane, North Hykeham, a short walk to the town amenities centred around the Hykeham Green Neighbourhood Centre.

North Hykeham is situated on the outskirts of the City of Lincoln, which lies about 5 miles to the north. It offers a good range of shopping and educational facilities and is a popular residential location.

The A46 Lincoln bypass and the dual carriageway to Newark, where access is available onto the A1, is located about 2 miles to the south.

Mains water, electricity and drainage are available in the town, although the Vendors can give no guarantee as to the exact location and capacity of these services.

Interested parties should therefore make their own enquiries in this regard with the service providers.

Detailed Planning Consent was granted for the erection of 2 semi-detached residential units and a detached garage dated 19th November ref 15/1164/FUL.

Copies of all of the plans and Planning Permissions are available on request or from the North Kesteven District Council Planning Portal.

The property is being offered for sale by way of Private Treaty.

Offers invited around £200,000 for the freehold interest.

In addition there will be an overage payment in the event that the purchasers are able to secure planning permission for additional plots on the sites equating to £25,000 per plot.

VAT at the prevailing rate may be payable in addition to the purchase price.

To view the premises and for any additional information please contact the sole agents.
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