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Development land for sale

, Welton


Interested in this property? Call us on 01673 843011

Property description

An excellent opportunity to purchase approximately 16.25 Acres (6.58 ha) of strategic land in a prime location on the fringe of Welton village. The land possesses long term development potential.

THE SITE A prime, fringe, greenfield site extending to about 16.25 Acres (6.58 Ha). Located on the eastern fringe of Welton with open countryside to the north and east and an established residential development to the south west.

The land is presently in an agricultural use. It is relatively flat with a gradual east/west fall. There is a mature perimeter boundary hedge.

To the west is a relatively recent and reasonably large residential development (Hampden Close); which is currently shown as allocated site CL1490 in the CLLP. At the present time, some of this allocated site is available for development and if brought forward will extend the built-up area to the western boundary of the subject site.

There is direct highway access and 75m frontage onto Eastfield lane.

It is located within Flood Zone 1 and is shown to be mostly unaffected by surface water flooding.

WELTON Offers a convenient location for commuters looking to travel to the City of Lincoln, some 5 miles to the south. Other local towns include Gainsborough, Horncastle, Market Rasen, Louth, Scunthorpe and Grimsby.

Welton benefits from a selection of amenities including two public houses, a village playing field accommodating a Sports and Social Club, a golf course, campsite, Co-op store, public library and a veterinary clinic. There is a regular bus service connecting all major local routes.
Village schools include the well regarded William Farr Secondary School on Lincoln Road, and St Mary’s C of E Primary-Academy on School Drive. There are several pre-schools in existence.

TENURE & POSSESSION The property is Freehold.

The land is sold subject to an Annual Periodic, Farm Business Tenancy (FBT) which commenced on the 1st October 2004. Vacant possession can be made available by giving not less than 12 months notice from the term date. The present rent is £2286.20 per annum. (£140/Acre).

METHOD OF SALE Best offers in writing (Subject to Contract) must be received at the office of the Sole Agents, marked ‘Welton’, by no later than Friday 17th April 2020 at 12noon.

Perkins George Mawer & Co.
Corn Exchange Chambers
Queen Street
Market Rasen

T: 01673 843011


BOUNDARIES & AREAS The red line on the covering plan denotes the approximate boundaries and is for identification purposes only. Interested parties will be deemed to have full knowledge of all boundaries and areas and should satisfy themselves prior to entering into any agreement.

VAT The owner has not opted to tax (VAT) in respect of his property assets and no VAT will be charged on the eventual sale price.

VIEWING Strictly by Appointment through the Sole Agents.

Interested in this property? Call us on 01673 843011
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01673 843011

Weekdays: 9am - 5pm
Saturday: 9am – 12noon

Corn Exchange Chambers, Queen Street, Market Rasen LN8 3EH

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