icons_size_white icons_size

The Close, Gallamore Lane, Market Rasen, LN8 3HZ

For sale: £475,000.00|2.18 Acres|Land, Commercial Land

PROPERTY DETAILS

FOR SALE£475,000.00
SIZE2.18 Acres
ADDRESSThe Close, Gallamore Lane, Middle Rasen, Market Rasen, LN8 3HZ
TYPELand, Commercial Land
TENUREDevelopment Opportunity, For Sale Freehold
POSTED ON8th October 2019

DESCRIPTION

DESCRIPTION
The development site extends to approximately 0.88 hectares (2.18 acres) as outlined on the sale plan. The access to the site is direct from Gallamore Lane (A46) which serves both the development site and the existing dwelling. The site has recently been cleared.

LOCATION
This residential development site and existing dwelling known as 'The Close' are locate close to the town of Market Rasen. The site is well positioned with good access from Gallamore Lane (A46). Market Rasen lies approximately 8.3 miles north of Wragby and 17 miles north-east of the city of Lincoln.

EXISTING DWELLING
The Close is a detached, brick built, four bedroom property standing within its own gardens and residential curtilage with an EPC Rating of band F.

The property is subject to an Assured Shorthold Tenancy which commenced in October 2014 for an initial fixed term of 6 months. The current rent is £8,100 per annum. The property is shown as being in council tax band D and the 2018/19 payments are £1,680.30 per annum.

PLANNING
Outline planning permission was originally granted for the development of up to 19 dwellings including 5 affordable dwellings along with the necessary access and car parking facilities. The West Lindsey District Council�s planning application reference number is: 132281. A copy of the decision notice is available on request. An application in relation to reserved matters has been submitted to West Lindsey. Recently an application has been made to West Lindsey DC in relation to reserved matters, this has meant that the number of dwellings has been reduced to 16 with 4 affordable to allow room for the sustainable drainage scheme, planning application reference number is: 136342.

TENURE & POSSESSION
The property is freehold and vacant possession will be given upon completion.

METHOD OF SALE
The property is offered for sale freehold with vacant possession by private treaty.

Once an offer has been accepted the buyer will be required to exchange contracts within 28 working days of receipt by the buyer's solicitor of a draft contract, with completion by arrangement. A 10% deposit will be payable on exchange of contracts.

WAYLEAVES, EASEMENTS AND RIGHTS OF WAY
The site is sold subject to and with the help and benefit of all existing rights, including rights of way, whether public or private, light, support, drainage, water and electricity supplies and other rights, easements, quasi-easements and all wayleaves whether referred to or not in these particulars.

VALUE ADDED TAX
Should any sale of the site, as a whole or in lots, or any right attached to it become a chargeable supply for the purpose of VAT, such tax shall be payable by the Buyer in addition to the contract price.

SERVICES
The development site and existing dwelling both benefit from mains water and electricity, the house is served by a private septic tank.

ADDITIONAL INFORMATION
Full details on the planning permission together with all other technical information is available. Please contact the Vendor's Agent for this information.

PLANS, AREAS AND SCHEDULES
These have been prepared as carefully as possible and are based on the Ordnance Survey National Grid 1:2,500 and 1:10,000 scale plans. The plans are published for illustrative purposes only and although they are believed to be correct, their accuracy is not guaranteed.

LOCAL AUTHORITIES
West Lindsey District Council, Council Offices, Guildhall, Marshall's Yard, Gainsborough, DN21 2NA. Telephone: 01427 676676

HEALTH AND SAFETY
The property is a development site and therefore viewers should be careful and vigilant whilst on the holding. Neither the Seller nor the Selling Agents are responsible for the safety of those viewing the property and accordingly those viewing the property do so at their own risk.

VIEWING
Viewing is permitted during daylight hours with a set of these sales particulars to hand, having contacted the Selling Agents. If a viewing on the existing dwelling is required these are strictly by appointment with the Selling Agent.








( Agency Pilot Software Ref: 423190 )

LOCATION

Location: The Close, Gallamore Lane, Middle Rasen, Market Rasen, LN8 3HZ

Market Rasen (0.5 miles)

AGENT'S DETAILS

close
What do you think of our website?
Complete our survey and
you could win £1000
Start here