For SaleDevelopment Land

Skegness Business Park, Holly Road, Skegness, Lincolnshire, PE25 3TB

Description

The property comprises two plots of relatively level undeveloped land accessed off a new link road (to adoptable standard) between Hassall Road and Holly Road.

It is anticipated that both Plots will be developed out by March 2022.

We understand that the property extends to the following areas:

Plot 1A (blue):   0.25 hectares (0.61 acres)

Plot 1B (red):     0.54 hectares (1.34 acres)

Total Area:         0.79 hectares (1.95 acres) 

LOCATION

The land at Skegness Business Park forms an extension to the established Industrial Estate, Holly Road and Hassall Road, west of Skegness town centre.

The position is surrounded by a range of notable trade counter and industrial businesses providing quick access to the A52 towards Boston and the A158 towards Lincoln.

TOWN AND COUNTRY PLANNING

Plot 1A has detailed planning consent for 7 industrial units of 3 x 1,000 sq ft and 4 x 750 sq ft within Use Classes E(g)(iii) (Light Industrial), B2 (General Industrial) and B8 (Storage & Distribution) of the Town & Country Planning (Use Classes) Order 1987 (as amended).

Plot 1B has outline planning consent for uses within Classes E(g)(iii) (Light Industrial), B2 (General Industrial) and B8 (Storage & Distribution) of the Town & Country Planning (Use Classes) Order 1987 (as amended).

Interested parties are advised to make their own investigations to East Lindsey District Council (www.e-lindsey.gov.uk)

SERVICES

We understand that mains supplies of water, electricity and drainage are available in the vicinity. Certain documentation is available for consideration.

Interested parties are advised to make their own investigations to the relevant utility service providers.

RATES

The properties have not yet been assessed for rating purposes.

TENURE

The plots are available For Sale freehold.

AGENTS NOTE

There is to be a positive obligation on the purchasers to deliver a minimum 6,000 sq ft of commercial units within Use Classes E(g)(iii), B2 or B8 by March 2022.

The sale is to include a buy-back clause in favour of the sellers in the event that the purchasers fail to deliver the requisite scheme as stated above.

There is a pumping station located on Plot 1A, with an associated service charge and IDB developer’s charge. Details to be confirmed.

Lincolnshire County Council have further development land for sale in other strategic locations in the County, together with premises to let in business centres.

Contact:  ERPropertyManagement@lincolnshire.gov.uk

PRICE

Plot 1A:   £100,000
Plot 1B:   £175,000

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.