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Price History
Our Summary
- Blank canvass to work on in line with design guide
- Lease for substantial leasehold plot for sale
- * Purchaser to apply for Planning Permission* Services to be provided by Freeholder* No stamp duty to pay* Caravan Site Licence on this plotPlanning informationThis is a superb and one-off opportunity for the buyer to design and build their own holiday chalet on the famous Humberston Fitties
- Clients can either apply to N E Lincs Council for standard planning permission to construct a chalet which complies with the Humberston Fitties Chalet Design Guide, or benefit from the Caravan Site Licence, granted to site owner's Tingdene Holiday Parks Limited on 5th June 2023
- Planning Information: Where clients wish to design and build a holiday chalet, planning permission must be sought by applying to N E Lincs Council
- Typically, where planning permission is granted, this is subject to a restricted 8-month occupancy period, and the reinstatement of the plot as a cleared site after ten years
- No further planning permission is required for the Permitted Development works to be undertaken
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Description
Crofts Estate Agents are offering a unique opportunity to design and build a holiday chalet on the famous Humberston Fitties. The lease on the plot can be purchased free from Stamp Duty Land Tax, and services such as electricity, drainage, and water will be provided by the freeholder, Tingdene Holiday Parks Limited, with no additional cost to the buyer. The buyer can either apply for planning permission to construct a chalet that complies with the Humberston Fitties Chalet Design Guide or benefit from the Caravan Site Licence, which allows for the placement of a caravan on the plot without the need for further planning consent.
The buyer will be responsible for applying for planning permission and paying ground rents, which are delayed until the properties are built out or the start of 2024, whichever is earliest. The plot is a one-off opportunity for investors to maximize their returns, with a potential return on investment of up to 45% per annum through short-term holiday lets.