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Land and Buildings On The South Side Of, Springfield Road, Grantham, NG31

Guide Price
£750,000
Frank Innes, Bingham
PROPERTY TYPE

Land

SIZE

Ask agent

Key features

  • Freehold land with vacant possession.
  • Approximately 3.9 acres in total.
  • Situated in a predominantly residential area in central Grantham.
  • Located within the South Kesteven District Council (SKDC),
  • designated brownfield land.
  • Site has been cleared of derelict buildings.
  • Opportunity to acquire a residential property
  • Initial discussions with SKDC indicate support for a housing scheme.
  • Feasibility studies indicate potential for a minimum of 60 houses.
  • Potential access to the Brownfield Land Release fund via application.

Description

A great opportunity to acquire a Freehold land site with vacant possession, approximately 3.9 acres in total.

Location
Situated in a predominantly residential area in central Grantham and located within the South Kesteven District Council (SKDC), on designated brownfield land. Currently the site has been cleared of derelict buildings.
There is also an opportunity to acquire a residential property at 112 Walton Gardens widen accessway to the side.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Initial discussions with SKDC indicate support for a housing scheme and feasibility studies indicate potential for a minimum of 60 houses.
Also, there is potential access to the Brownfield Land Release fund via application.


Location

Grantham occupies a premier position in the East Midlands, offering seamless connectivity and accessibility. Imagine a bustling hub strategically positioned within easy reach of major cities like London, Birmingham, and Lincoln. The A1 road and East Coast Main Line, a major junction station, provide effortless travel east and west, solidifying Grantham's role as a true transportation hub. Grantham's location transcends mere convenience; it serves as a magnet for businesses seeking strategic advantage. Access a skilled workforce drawn from nearby cities and the surrounding rural areas, while enjoying the benefits of affordable living costs compared to larger cities. Grantham presents a wise investment choice, positioned for sustainable growth and prosperity.

South Kesteven District Council

The South Kesteven District Council (SKDC) serves a diverse area in Lincolnshire, England, encompassing Grantham, Bourne, Stamford, and surrounding villages. It provides a range of essential services and functions for its residents and businesses. SKDC Housing Plan: Shaping the Future Meeting Housing Demand: Aiming to deliver 12,000 new homes across the district by 2036, focusing on a mix of affordable and market housing to cater to diverse needs. Supporting First-Time Buyers: Helping first-time buyers through schemes like shared ownership and Help to Buy. Addressing Homelessness: Implementing strategies to reduce homelessness and support vulnerable individuals and families. Improving Existing Housing: Investing in existing housing stock through renovation, energy efficiency upgrades, and accessibility improvements. Promoting Sustainable Development: Encouraging sustainable housing practices through eco-friendly design, renewable energy integration, and green spaces.

Agents Notes

Various reports available on request, including ground investigation surveys. Potential for a light industrial scheme as an alternative to residential. Legal Costs: Each party to bear their own legal costs incurred in this transaction. Money Laundering Regulations: In accordance with the Money Laundering Regulations, the purchaser will be required to provide full proof of identity, address and funding prior to an offer being accepted and solicitors being instructed.

Auctioneers Notes

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is (truncated)

Land and Buildings On The South Side Of, Springfield Road, Grantham, NG31

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Grantham Station0.4 miles

About Frank Innes, Bingham

23 Market Place Bingham NG13 8AP
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Frank Innes are the East Midlands leading Estate & Letting Agency providing a first class service to all their customers.

Homeowners have been choosing Frank Innes to sell or rent their property since 1932, building a solid reputation for providing Best Service, Best Price, Best Value.

Award winning branches are strategically positioned across Leicestershire, Nottinghamshire and Derbyshire to reach more buyers in the East Midlands than any other agent. These branches are serviced by some of the industries most experienced and dedicated professionals motivated to deliver a personal and unique service to meet the needs of all customers.

Frank Innes is part of Countrywide the UK's largest and most successful estate, lettings and property services group. With over 1300 associated branches across England, Scotland & Wales the network provides unrivalled opportunity and support to all property buyers, sellers and investors choosing a Countrywide agent.

Call your local Frank Innes branch today for successful property buying/selling/letting across the East Midlands region.

Notes

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Disclaimer - Property reference BIM250253. 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 Frank Innes, Bingham. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Frank Innes, Bingham on 01949 480587.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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