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Land for sale

POA

Coalbeach Lane, Surfleet PE11

243,936 sq. ft*
Interested in this property? Call +44 1205 875041 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Location...

Surfleet is a small village located on the South Lincolnshire Fens approximately halfway between Spalding (5 miles to the south-west) and Boston (12 miles to the north-east).

The village has a population of approximately 1,300 residents and boasts a church, remains of Roman sea banks, River Glen, public houses, small primary school, hockey club, fish and chip shop with good transport links to Peterborough and the A1, and the A16 trunk road.

The site is located to the west of Coalbeach Lane in a rural residential area at the eastern end of the village.

Site and location plans are included with these particulars.

Description...

The site comprises a Greenfield development opportunity being largely level with mature boundaries and access to Coalbeach Lane. There is an additional non-vehicular access on to Station Road.

The site is on the development boundary of Surfleet and features in the South East Lincolnshire Plan as site number Sur016.

Tenure...

The field is offered For Sale with Vacant Possession.

Option Agreement...

Developers are sought who wish to purchase the land via an option agreement to develop the land for residential housing.

Owners of the land wish to achieve residential development value and are prepared to offer a discount of the sale price to 85% of Market Value if a planning application for residential development of the land is submitted to the Local Authority within 3 months of the option agreement being signed.

The owners wish to approve any scheme being permitted to ensure it is appropriate.

The option to buy the land will be for 4 years at a price of £25,000. This will be non-returnable to the developer but deductable from the purchase price.

The purchase of the land to be completed within 28 days of the planning consent being granted by the Local Authority. The minimum land price will be pre-agreed per gross acre. The final purchase price being the Market Value of the land based on net developable area if it is higher.

Purchasers will be responsible for a reasonable contribution towards the sellers legal fees with regards to the preparation of the option agreement.

Viewings...
By appointment through the agent.
Poyntons Consultancy


Property info

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Poyntons Consultancy, PE21 on +44 1205 875041 * (local rate)

Contact Poyntons Consultancy about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Poyntons Consultancy, and do not constitute property particulars. Please contact Poyntons Consultancy for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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