Description
The property comprises an existing 2 storey office building, extending to about 2,394 sq m (25,769 sq ft) on a gross internal basis, sat on a regular shaped site extending to about 0.73 hectares (1.80 acres). It forms part of a much larger site extending to circa 4.37 hectares (10.80 acres), that comprises, in addition to the subject property, the Grade II listed building known as Cross O’ Cliff Court and the Bracebridge Heath Cricket ground and pavilion, which is let to the Bracebridge Heath Cricket club. There is an adjacent building occupied by East Midlands Ambulance Service NHS Trust (EMAS), not included in the sale of either part of the site as this is being retained by EMAS, for a continuation of its current office/administration use.
The subject property sits in the south-western corner of the larger site, offering panoramic views westwards over the Trent Valley toward Newark, and would in our view offer potential - subject to planning - for alternative uses or most likely demolition and redevelopment for a high quality low density housing scheme for circa 10 units. The balance of the rest of the site extending to circa 3.64 hectares (9 acres), including the Grade II listed building, is being sold off separately - most likely also for residential development.
The extent of the subject site is shown shaded in pink on the site plan later in these particulars. The wider site has extensive mature trees throughout, which add considerably to the character and quality feel of the surrounding area.
LOCATION
The site is located at the top of Cross Cliff Hill in the village of Bracebridge Heath, which lies around 3.5 miles to the south of Lincoln City Centre.
The site enjoys panoramic views southward and westwards towards Newark on Trent and beyond. The village amenities within Bracebridge Heath are located a short walk to the south. These include 3 village pubs, 2 convenience stores operated by Tesco and the Lincolnshire Co-op, a pharmacy, post office, various takeaways, a doctors’ surgery and primary school/ children’s day nursery.
The eastern relief road extension, which was completed just over 2 years ago, provides access to all parts of the City Centre and, further south, to the A46 dual carriageway to Newark and the A1, lying around 18 miles to the south west.
Lincoln is the administrative and shopping centre for the county of Lincolnshire, with a catchment of over 545,000 within a 20 kilometre radius.
The city is a well-regarded tourist destination, attracting over 4 million a year, predominantly visiting to view Lincoln Cathedral, which is recognised as one of the finest examples of Gothic architecture in Europe.
Lincoln is also a growing university city, with over 15,000 students based at the main University of Lincoln campus, just outside the city centre, generating over £250 million for the local economy.
The city enjoys good road links to the A1 at Newark, the M180 at Scunthorpe via the A15 and is on the East Coast Mainline with regular services to London King’s Cross, taking around 1.5 hours.
Lincoln is located around 40 miles to the north east of Nottingham, 40 miles south of Hull and 40 miles north of Peterborough.
method of sale
The property is being offered For Sale by way of private treaty.
Whilst unconditional offers would be preferred, the vendors will also consider offers conditional upon the receipt of Planning Permission.
Full details of the conditions attached to any offer must be submitted by the prospective purchasers at the point they submit their offer.
Purchaser’s are encouraged to submit proposals for overage/clawback when bidding on the site. Further information will be provided in the bid document.
In the case of conditional offers, the purchasers will be required to exchange conditional contracts within 28 days of the receipt of the draft contract, at which point a 10% deposit will be payable.
The purchasers will then have 12 months within which to secure a satisfactory detailed Planning Permission for the scheme proposed on the site.
This is to include the Judicial Review period.
town & Country planning
In our opinion the site would be suitable for a variety of different uses including new build residential development (subject to the receipt of Planning Permission). Interested parties are advised to discuss their proposals for the site with the Local Planning Authority - North Kesteven District Council.
Tenure
The property is being offered For Sale Freehold subject to vacant possession on completion.
Information pack
• Planning Response to pre-app from NKDC
• Design Statement
• Utility Report
• Asbestos Report
• Heritage Report
• Topographical Survey
• Flood Risk Assessment
• EPC for the buildings
• Tree Preservation Orders
These surveys are being provided for information purposes only and interested parties will need to satisfy themselves as to the contents.
legal costs
Each party is to be responsible for their own legal costs incurred in documenting the transaction.