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For Sale - Residential Development Site in Village Location

For sale: £800,000.00|0.8 Acres|Residential, Land, Commercial Land

Property details

FOR SALE£800,000.00
SIZE0.8 Acres
ADDRESSResidential Development Site - Collingham, NG23 7RA
TYPEResidential, Land, Commercial Land
TENUREFor Sale Freehold
POSTED ON22nd September 2021

Description

The property comprises a house and residential development site located in a prominent location on the main road into the popular village of Collingham, about 1.5 miles to the west of the A46. Collingham is located on the banks of the River Trent, approximately 6 miles from Newark on Trent, 15 miles from Lincoln and 28 miles from Nottingham.

The site sits adjacent to the village railway station on the eastern side of the village and was formerly the Station House.

The property comprises the former Listed Station House extending to just over 3,000 sq ft (279 sq m) which could be split to provide a pair of large semi detached dwellings together with a cleared site with a resolution to grant Planning Permission for a further 4, three bedroom units, subject to completion of a Section 106 agreement. In our opinion, there is surplus land that offers potential for a further 4 units on the site, making a total of 10.

THE SITE
A long narrow and level site extending to circa 0.325 hectares (0.80 acres), with a frontage to Station Road of 32 m (105 ft) and a site depth of 132 m (433 ft).

The site is bordered to the west by new build housing, under construction by Gusto Homes, known as The Hedgerows and to the east by the village railway station, which provides access to both Nottingham and Lincoln, making the village a popular one for commuters to both of these much larger conurbations.

TOWN & COUNTRY PLANNING
There is a resolution to grant Planning Permission by Newark and Sherwood District Council for the erection of 4 three bedroom units on the land, Planning Reference no. 19/00650/FUL.

Further details can be obtained via the Planning Portal at Newark and Sherwood District Council.

TENURE
The property is available For Sale with vacant possession on completion.

Please note the occupier to the north have a right of way over the roadway running parallel with the western boundary of the land.

PRICE
Offers are invited in excess of £800,000 for the Freehold interest in the land.

METHOD OF SALE
The property is being offered for sale by way of private treaty.

Unconditional offers will be preferred, however offers subject to the receipt of a revised Planning Permission would be considered.

VAT
VAT will not be charged in addition to the purchase price.

LOCATION
Collingham is a popular village located on the banks of the River Trent, just off the A46 Lincoln to Newark trunk road. Newark lies about 6 miles to the south west and Lincoln about 15 miles to the north east with Nottingham 28 miles to the south east. The village has a population of circa 3,000 and is served by an excellent range of local amenities including a primary school, medical centre, dentist, post office, butchers, police centre, community facilities, together with a number of a convenience stores including a large Co-op supermarket.

The village benefits from a thriving and active community, which includes 3 public houses, cricket, football and tennis clubs and enjoys direct rail services with Lincoln, Newark and Nottingham via the railway line running parallel to the eastern boundary of the subject property.

VIEWING
To view the premises or land, please contact the sole agents as shown on the property details.

Location

marker
Location: Residential Development Site - Collingham, NG23 7RA

Collingham (0.1 miles)

Swinderby (2.8 miles)

Newark North Gate (4.8 miles)

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