Lot 1,Belvoir Lakes, Nottingham, Kilvington, East Midlands, NG13

The Property
Belvoir Lakes is a former gypsum site extending to approximately 229.4 acres (92.8 ha), which includes four lakes with a water area of over 70 acres situated within an undulating and gentle sloping site with the benefit of some established woodland. Available as a whole or in 3 Lots.

Location
Belvoir Lakes is situated within the heart of the Vale of Belvoir, 8 miles south of Newark and 30 miles south west of Grantham. The property has good access to the A46 and is 6 miles (9 minute drive) from the A1.

Lot 1
Extending to approximately 113 acres (45.7 ha) and offers a rare opportunity to acquire and develop a premier leisure property with planning permission already secured for over 90,000 Sq. Ft. of development, split across the following.

34 self-catering holiday lodges, totalling 61,192 sq. ft. of development, across four lodge types:
*12 x 2-Bed Lodges, averaging 1,474 sq. ft. each
*12 x 3-Bed Lodges, averaging 1,700 sq. ft. each
*6 x 4-Bed Lodges, averaging 2,034 sq. ft. each
*3 x 6-Bed Lodges, averaging 2,572 sq. ft. each

A 25-bed hotel/inn, totalling 20,343 sq. ft., with the option to be reconfigured into six 4-bedroom apartments.

A large water sports and facilities building, totalling 9,000 sq. ft. There is scope, to alter the current planning permission using the above development footprint, which is fully implemented.

Lot 2
Extending to approximately 16 acres (6.5 ha), an area of mixed broadleaf woodland and grassland accessed off the adjacent council road. The purchaser will be responsible for erecting a new stock proof fencing along
the boundary adjoining Lot 1.

Lot 3
Extending to approximately 94 acres (38 ha), two well established lakes currently stocked with carp up to 30lbs, pike and other mixed coarse fish species and managed on a day ticket basis. More recently wild camping has been developed improving a popular diversification.

Further information on the business is available from the Agents.

Planning
14/02023/FULM - Development of 34 self-catering holiday units, a 25-bed Inn building, Watersports building, Storehouse and Outfitters along with a commercial and educational unit, nature trails, cycle trails, pathways and family facilities. Re-routing a public right of way.

19/01097/FULM - Application made under Section 73 to remove Condition 21 attached to planning permission 14/020323/FULM. 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.

Services
Belvoir Lakes has the benefit of electricity substation with 3- phase supply and mains water.