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Plot for sale
Belvoir Lakes, Nottingham, Kilvington, East Midlands, NG13
£2,000,000
Belvoir Lakes, Nottingham, Kilvington, East Midlands, NG13
£2,000,000
Our Summary
- Planning permission is for the following: 34 self-catering holiday lodges, totalling 61,192 sq
- There is scope, to alter the current planning permission using the above development footprint, which is fully implemented
- 19/01097/FULM - Application made under Section 73 to remove Condition 21 attached to planning permission
- Planning permission granted on appeal - lodges with occupancy condition stating holiday use only/no occupation as a sole or main residence
- 24/00724/S73M - Application for variation of condition 01 to substitute approved phasing plan drawing and alter development phasing attached to planning permission 19/01097/FULM
- Belvoir Lakes also offers the opportunity subject to planning the possibility of a single dwelling instead of the current planning permissions
- Overage Clause The previous owners, British Gypsum implemented an overage clause based on 25% of the uplift in value, which is has a base value which is RPI linked
Description
Belvoir Lakes is a 229-acre property that includes four lakes and established woodland, with planning permission for a range of developments. The site is situated in the Vale of Belvoir, near Newark and Grantham, and has good access to major roads. The planning permission includes 34 self-catering holiday lodges, a 25-bed hotel/inn, a water sports and facilities building, and a commercial and educational unit. The lakes are stocked with fish and managed on a day ticket basis, with wild camping also available. The property also has the benefit of electricity and mains water. The sale includes fixtures and fittings, as well as the fish stocks in the lakes. The property is being sold freehold with vacant possession on completion, subject to certain rights of way and easements.