Residential properties for sale in Chapelgate, PE20
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Residential conversion opportunity with PDR consent for 18 (1 & 2 bed) units, potential for a further 9 units or ground floor commercial, on-site car parking, central location close to Market Place/Bargate/Pescod Square, Freehold with vacant possession on completion.
A substantial 3 storey office building with on site car parking.
Consent has been secured through PDR to create 18 flats on the 2 upper floors, with potential for a further 9 flats or some form of commercial development on the ground floor.
The building sits on a site extending in total to 0.22 hectares (0.54 acres).
ACCOMMODATION The property extends on a Net Internal basis to approximately 1,983.11 sq m (21,346 sq ft), and is laid out over 3 levels.
LOCATION The property is situated in a central location in Boston close to Market Place, Strait Bargate and the Pescod Square Retail Scheme.
Boston is a growing Lincolnshire Market Town providing the main retail and commercial facilities for both the town residents and the surrounding extensive agricultural based catchment.
The town has a resident population of circa 60,000 and a catchment population of about 68,000.
The town is located abut 35 miles south east of Lincoln and 33 miles north east of Peterborough.
TOWN AND COUNTRY PLANNING The existing use of the building falls within B1 (Office) use of the Town & Country Order Class 1987 (as amended).
Prior Approval has been secured from Boston Borough Council for the change of use of the first and second floor to C3 (Residential) for 18 units comprising a mix of 1 and 2 bedroom units. This letter of approval is dated 28th March 2018.
Copies of the drawings and letter of consent are available from the Agents or can be downloaded directly off the Boston Borough Planning Portal.
TENURE The property is being sold Freehold with vacant possession on completion.
PRICE Offers are invited in excess of £500,000
VAT may be charged in addition to the purchase price at the prevailing rate.
LEGAL COSTS Each party will be responsible for their own costs.
VIEWING Strictly by appointment only through the sole agents.
Residential Conversion Opportunity, Crown Building, Lincoln Lane, Boston PE21 8RU
Type: Residential, Other, Other Property Types & Opportunities
Crown Building, Lincoln Lane, Boston, PE21 8RUGBBostonLincolnshirePE21 8RULincoln Lane
1.01 hectare (2.5 acre) residential development site, Outline Planning Permission for 16 dwellings, Low Affordable Housing provision of 20%, located within popular village close to amenities, For Sale by a Private Treaty - Guide Price £500,000
An irregular level and cleared residential development site extending in total to 1.01 hectares (2.5 acres).
The property adjoins on its northern boundary the village primary school and will share an access with the school.
As a condition of the sale the developers will be required to create a drop off point in the location shown hatched blue on the plan opposite. Further details of this are available on request.
SERVICES We understand all mains services are available in the vicinity of the site, but interested parties are advised to make their own enquiries of the utility providers to ascertain the exact location and capacity of each supply in the area.
LOCATION The site is situated on Fen Road within the heart of the village of Billinghay which lies about 7 miles north east of Sleaford and 16 miles south east of Lincoln.
The village has a resident population of 2,190 (2011 Census) and offers a good range of local amenities including a Co-op Convenience Store and Post Office, together with a well regarded Primary School and a variety of Public Houses.
The site is located in a well established residential location close to these village amenities, with an outlook westwards over open countryside.
TOWN AND COUNTRY PLANNING The site has an Outline Planning Permission for the construction of 16 houses. The Planning reference number is 16/0818/OUT. A copy of this permission is available on request.
There is a Section 106 Agreement in place which makes provision for 20% affordable housing.
The site is not situated within a Conservation Area.
TENURE Freehold with vacant possession on completion.
GUIDE PRICE £500,000
METHOD OF SALE The property is being offered For Sale by way of Private Treaty.
Offers are invited on an unconditional basis.
The purchasers will be required to construct an estate road providing access to the land to the rear of the site, which should be constructed to adoptable standards and LCC will have a right of way over the estate road to the land to the rear into perpetuity.
VAT may be charged in addition to the sale price at the prevailing rate.
LEGAL COSTS Each party is to be responsible for their own legal costs incurred in documenting the transaction.
VIEWING To view the premises and for any additional information please contact the sole agents
Residential Development Site, Fen Road, Billinghay, Lincolnshire LN4 4HU