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AGENT'S DETAILS


Thorpe Park Lodges, Middle Lane, Thorpe-On-The-Hill, Lincoln, Lincolnshire, LN6 9AJ

For sale: POA|6.79 Acres|Land, Leisure Property, Other, Commercial Land, Licensed & Leisure, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALEPOA
SIZE6.79 Acres
ADDRESSThorpe Park Lodges, Middle Lane, Thorpe-On-The-Hill, Lincoln, Lincolnshire, LN6 9AJ
TYPELand, Leisure Property, Other, Commercial Land, Licensed & Leisure, Other Property Types & Opportunities
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON28th February 2021

DESCRIPTION

Thorpe Park Lodges is located on Middle Lane in the village of Thorpe on the Hill, close to Lincoln,, with direct access off the A46.

The site sits approximately 5 miles from Lincoln which boasts numerous attractions, entertainment and activities in the city and surrounding areas.

Adjacent to the Park is the 9 hole Lincoln Golf Centre and Lincoln Water Park. Local amenities include 300-acre Whisby Nature Reserve, Doddington Hall and Gardens and Lincoln Castle amongst many more.

Thorpe Park Lodges is an exclusive lakeside development with planning permission for 37 hand built luxury lodges set around a fishing lake.

The park is set in landscaped grounds extending to approximately 6.79 acres with gated entrance and gravel parking for each lodge.

Currently, there are 22 lodges that are fully built. 17 lodges have been sold to private buyers (of which 2 were sold freehold), with the remaining 15 sold on long term leases of 999 years. Each lodge sold on a long leasehold basis pays a service charge of £4,400 per annum and a ground rent of £50 per annum.

Total income from the privately owned lodges is therefore £66,750 pa.

5 plots are retained and used a short term holiday rental lodges, 4 or which are let by Sykes Cottages. The other lodge is currently under a temporary letting (AST).

A further 3 lodges are currently under construction, (Lodge 11a, 21 and 24) and are available for sale at asking prices ranging from £160,000 to £260,000.

The land at the front of the park originally had planning permission for a substantial detached building with possible use being a gymnasium, convenience store/farm shop, bar or restaurant. Because of the success of Thorpe Park Lodges, planning permission has recently been granted for a further 5 two storey lodges on the land.

The lodges are constructed in the same way as a conventional home with block work walls clad in timber and built to building control standards with the same life span as a domestic dwelling.

To date the park has largely been developed around 2 different lodge styles,:

St Andrews Lodge, a single storey design with three double bedrooms, two bathrooms and large open plan lounge/diner with fully fitted kitchen and utility.

Wentworth Lodge is a two storey design extending to approximately 1,700 sq ft and can be configured to suit a purchaser's requirements with an attractive mezzanine level creating a stunning double height ceiling. The design features two or three bedrooms but the space can provide up to five bedrooms for larger families.

All lodges benefit from solid wood flooring, under floor heating, state of the art kitchen and bathroom fittings, plus large privately decked areas.

( Agency Pilot Software Ref: 104651 )

LOCATION

Location: Thorpe Park Lodges, Middle Lane, Thorpe-On-The-Hill, Lincoln, Lincolnshire, LN6 9AJ

Hykeham (1.7 miles)

Swinderby (2.7 miles)

Lincoln Central (5.1 miles)

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