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Main Road, Louth LN11 Land for sale
7.72 Acres - Land with Planning Permission, Fotherby
£550,000
7.72 Acres - Land with Planning Permission, Fotherby
£550,000
Our Summary
- 72 acres of Land with the benefit of Planning Permission being granted for the siting of 18no
- 72 Acres of Land with Planning Permission for the siting of 18no
- Planning - The land, most recently in agricultural use, is being sold with the benefit of Full Planning Permission, reference number: N/052/02126/21 (East Lindsey District Council dated 01/01/2024)
- The development shall be carried out in accordance with the Planning Permission to include approved drawings (per the planning information) as published for identification purposes in these Particulars of Sale
- Full Planning details are available from the Selling Agent
- This stipulates an Overage payable of 25% of any uplift in value for a period of 50 years, on grant of a Planning Permission, other than that already granted under reference number: N/052/02126/21, as referred to in these Particulars of Sale
Description
Nestled in the charming village of Fotherby, this rare opportunity offers 7.72 acres of land with planning permission for 18 static caravan/lodges for holiday purposes only. The land is situated on the edge of the village, providing a tranquil escape while still being close to local amenities and transport links. The village of Fotherby is known for its friendly community and scenic landscapes, making it an attractive location. The property benefits from full planning permission, which includes approved drawings and requires the lodges to be occupied for holiday purposes only. The purchaser will be responsible for constructing internal access roads and site boundaries. The property is offered for sale subject to a development overage clause, which stipulates a 25% uplift in value payable for a period of 50 years on grant of a planning permission. Mains services, including mains drainage, are believed to be in close proximity to the property. Prospective purchasers should make their own enquiries regarding services.