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Linwood Road, Market Rasen, Lincolnshire, LN8

Offers in Excess of
£1,000,000

Business rates & charges may apply

Eddisons incorporating Banks Long & Co, Lincoln
SIZE

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SECTOR

Land for sale

Key features

  • Residential Development Site
  • A roughly rectangular level parcel of land
  • Located in popular Market Town
  • OPP for the erection of up to 45 dwellings
  • Subject to a Section 106 Agreement for 20% Affordable Housing
  • Attractive rural outlook
  • Situated close to town amenities
  • 1.87 hectare ( 4.62 acre) site
  • For Sale By Way of a Private Treaty
  • Guide Price: OIEO £1,000,000

Description

PROPERTY
A roughly rectangular level parcel of land, currently used for grazing, extending to in total circa 1.87 hectares (4.62 acres).

The site abuts Linwood Road on its western side and has an open outlook to the east, south and west over open farmland.

There is existing residential development to the north and north east, with the latter forming part of the new Fox Hollow development being built out by Rippon Homes.
Vehicular access into the site will be taken from Linwood Road.

The site formerly had Outline Planning Permission for up to 45 residential units, with a central spine road serving the new proposed build development to the north and south of this. Indicative layouts produced and approved at the time are included later in these particulars.

LOCATION
The site is situated on the eastern side of Linwood Road, a short drive to the south of Market Rasen town centre. Both the town train station and Tesco Superstore are located on Linwood Road to the south of the town centre, so a short distance north of the subject site. 

The site enjoys an attractive semi-rural location on the southern edge of the town, with modern housing estates to the north developed by Hugh Bourn some years ago and, more recently, by Rippon Homes.
Market Rasen is a popular Lincolnshire Market Town, with a population of just over 4,000, situated mid-way between Lincoln and Grimsby, around 18 miles to the south and north respectively, via the A46 trunk road.

The town sits on the southern edge of the Lincolnshire Wolds, an area of outstanding natural beauty, offering a good range of local amenities and is the home of De Aston School, one of the best regarded secondary schools in the County.

SERVICES
We understand that mains supplies of water, drainage, electricity and gas are available within the vicinity of the site. However, interested parties are advised to make their own enquiries to the respective utility service providers to ascertain the exact location and capacity of each supply in the area. It is anticipated that these will come in off the Linwood Road side of the development.

TOWN & COUNTRY PLANNING
As referred to above, the site formerly had Outline Planning Permission for the erection of up to 45 dwellings granted in 2018 by West Lindsey District Council under reference number 137054. That Planning Permission has now lapsed.

The site, however, has been allocated in the recently adopted 2023 Central Lincolnshire Local Plan for residential development for up to 45 dwelling, under reference WL/MARK/0110.

Further details can be obtained from the Central Lincolnshire Local Plan portal at the link below:
site is not situated within a Conservation Area.

METHOD OF SALE 
The site is being offered for sale by way of Private Treaty with offers invited on either a conditional or unconditional basis, with offers made on the latter basis ideally being preferred by the vendors.

TENURE
The site is being offered Freehold with vacant possession on completion.

VAT
VAT may be charged in addition to the price at the prevailing rate

LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in documenting the transaction.

Brochures

Linwood Road, Market Rasen, Lincolnshire, LN8

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Market Rasen Station0.3 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference JRB9504. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Eddisons incorporating Banks Long & Co, Lincoln. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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