Brookside, Off Main Street, Lowdham

*** GUIDE PRICE £80,000 - £100,000 *** Land extending to 500 sq. m (1.24 Acre), together with a derelict brick and tile former slaughterhouse, and an area currently occupied for car parking. The property is offered freehold with vacant possession. The existing building if structurally capable may be suitable as a small workshop or office, subject to Planning Permission. The land may have potential as an extension to neighbouring use. The site is within the defined Lowdham Local Centre Boundary.

Land extending to 500 sq. m (1.24 Acre), together with a derelict brick and tile former slaughterhouse, and an area currently occupied for car parking. The property is offered freehold with vacant possession. The existing building if structurally capable may be suitable as a small workshop or office, subject to Planning Permission. The land may have potential as an extension to neighbouring use. The site is within the defined Lowdham Local Centre Boundary.

Lowdham has a vibrant community with an excellent range of amenities, including grocery shops, takeaways, GP surgery, pharmacy, post office, hair salons, library, filling station, cafe and a number of pubs. There are good transport links including direct trains to Nottingham, Newark, Lincoln and Derby.

Town & Country Planning - The site is within the village envelope of Lowdham, identified in the Core Strategy Plan as a principal village. A significant extent of the site is within Flood Zone 2 as flood risk and a planning constraint.

The site is most likely to offer scope for:

* Change of use/conversion of the existing building to a low key use such as a little workshop or office.
* Use for built development or car parking in connection with a neighbouring use.
* Use for small scale retail or a related service in the form of built development that adds to the role and diversity of Lowdham as a local centre.
* Affordable housing subject to local needs identified in a Parish Housing Needs Assessment.

Overage Agreement - Purchaser shall enter into an Overage Agreement and in the event of residential development commencing there shall be a payment of 33.33% of the difference in the existing use value of the land and the land for residential development. The overage agreement will be for a term of 25 years.

Services - There are no mains services connected to the site.

Tenure - The tenure is freehold.

Possession - Vacant possession will be given on completion.

Viewing - Strictly by appointment with the selling agents.

Please note the existing building is structurally unsound and viewing should not take place unaccompanied.