Skip to content

Newmarket, Louth, Lincolnshire, LN11 9HF

Guide Price
£750,000

£19.11 per sq ft

Business rates & charges may apply

Pattinsons, Pattinsons Auction- National Auctioneer
SIZE AVAILABLE

39,247 sq ft

3,646 sq m

SECTOR

Land for sale

Key features

  • Land site for sale
  • Easy Roadside Viewing
  • Outline approval has been granted
  • Currently fenced
  • Convenient transport links
  • Freehold title

Description

*For sale via secure sale online bidding: terms and conditions apply.*

We are pleased to offer to auction this land site for sale.

Outline approval has been granted with reserved matters for fourteen apartments, divided among four two-storey blocks. Slightly to the north, full planning approval was historically granted on appeal to create three terraced houses and four apartments, this site has been started by way of foundations.

The site is currently fenced, there is bramble growth, and there are no trees.

The outline and started schemes:
There are two applications:

-14 dwelling scheme with outline approval
-7 dwelling scheme, historically approved but the site has been started by way of foundations.

Please note we have not inspected this site.

Location

Nearest Station is Market Rasen, East Midlands Railway intercity route connects the cities of the East Midlands, such as Derby, Leicester and Nottingham, with London in the south and Manchester and Liverpool in the north. Bus services are convenient in this location.

Louth is a picturesque market town providing an array of convenience stores, shopping facilities, restaurants, public houses and regular markets for local produce and crafts.

Site Details

The subject site measures approximately 0.901 acres (3646.21 sqm) with a perimeter of roughly 462.85m.

Tenure

Freehold. Title numbers LL289055, LL304448 & LL326577.

Documents available

Brochure, links and references to both applications, design & access statement, GDV, local sold comparables , title documents, S106 contribution document & planning drawings.

Additional Information

The sellers have a Geo-Environmental Assessment Report from November 2004. This was provided to them in hard copy by the previous owners of the land. Unfortunately, the consultancy firm was dissolved in 2018, and there seems to be no way to get an electronic copy. The report is 13mm thick.

The full report can be obtained via the solicitor if an offer proceeds.

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Brochures

Newmarket, Louth, Lincolnshire, LN11 9HF

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cleethorpes Station13.8 miles

About Pattinsons, Pattinsons Auction- National Auctioneer

Mercantile House Silverlink, Wallsend, NE28 9NY

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 462315. 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 Pattinsons, Pattinsons Auction- National Auctioneer. 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 Pattinsons, Pattinsons Auction- National Auctioneer on 0191 625 0964.

*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.”

Map data ©OpenStreetMap contributors.