Land For Sale £1,000,000
Summary
Potential redevlopment site extending to 0.76 hectares half a mile soth east of Newark town centre close to the B6325 London Road, in a predominantly residential area.
Description
Potential redevlopment site extending to 0.76 hectares half a mile soth east of Newark town centre close to the B6325 London Road, in a predominantly residential area.
The property is a two-storey residential care home divided into 5 units over two floors, extending to approximately 1,924 square metres (20,710 sq. Ft) gross internal area. The property offers an opportunity to create an attractive new build development in a well regarded location.
Location
The site is located in a prime residential location, close to Newark town centre with road frontage to
London Road.Newark is a superb location, with excellent communication links, being on the East Coast main train line to London Kings Cross and sits alongside the A1.
Planning
In 2018 a Change of use from an Elderly Persons Home to an Adult Day Centre (Use Class C2 to D1) was approved so the site now falls within The ‘Learning and non-residential institutions’ use class (F1).
The principal of residential development is established through its previous and current use and initial indications from Newark Planners is the site is suitable for demolition of the existing building and re-development.
Services
Prospective buyers should satisfy themselves as to the location of utilities.
Wayleaves, Easments
The land is sold subject to, and with the benefit of, all existing obligations and rights, including rights
of way, whether public or private, light, support, drainage, water, electricity supplies and other obligations, easements, quasi-easements and all wayleaves, whether referred to or not in these Particulars.
Terms
The Vendors preference is to promote the site for redevelopment in respect of the previous planning classification (C2) to provide a retirement living product but would consider alternative residential options where these are viable.We are currently asking parties to register their initial interest in the development opportunity by contacting: Jamie Forman (contact details on attached brochure) by no later than Friday 24th September 2021.
Method Of Sale
The site is to be sold by Informal Tender and in the first instance, interested parties are advised to register their interest by e-mail to Jamie Forman (contact details on attached brochure) by no later than
Friday 24th September 2021. Interested parties are requested to provide Company name, contact details and details of how the purchase will be funded (Cash/finance etc.)Selected parties will then be invited to submit a bidon or before a specified date, the exact timings to be confirmed.
Extra Information
A drop box link has been prepared that provides detailed information on planning, ground investigations, method of sale, topographical survey, ecology, drainage, drawings and other reports.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Potential redevlopment site extending to 0.76 hectares half a mile soth east of Newark town centre close to the B6325 London Road, in a predominantly residential area.
Description
Potential redevlopment site extending to 0.76 hectares half a mile soth east of Newark town centre close to the B6325 London Road, in a predominantly residential area.
The property is a two-storey residential care home divided into 5 units over two floors, extending to approximately 1,924 square metres (20,710 sq. Ft) gross internal area. The property offers an opportunity to create an attractive new build development in a well regarded location.
Location
The site is located in a prime residential location, close to Newark town centre with road frontage to
London Road.Newark is a superb location, with excellent communication links, being on the East Coast main train line to London Kings Cross and sits alongside the A1.
Planning
In 2018 a Change of use from an Elderly Persons Home to an Adult Day Centre (Use Class C2 to D1) was approved so the site now falls within The ‘Learning and non-residential institutions’ use class (F1).
The principal of residential development is established through its previous and current use and initial indications from Newark Planners is the site is suitable for demolition of the existing building and re-development.
Services
Prospective buyers should satisfy themselves as to the location of utilities.
Wayleaves, Easments
The land is sold subject to, and with the benefit of, all existing obligations and rights, including rights
of way, whether public or private, light, support, drainage, water, electricity supplies and other obligations, easements, quasi-easements and all wayleaves, whether referred to or not in these Particulars.
Terms
The Vendors preference is to promote the site for redevelopment in respect of the previous planning classification (C2) to provide a retirement living product but would consider alternative residential options where these are viable.We are currently asking parties to register their initial interest in the development opportunity by contacting: Jamie Forman (contact details on attached brochure) by no later than Friday 24th September 2021.
Method Of Sale
The site is to be sold by Informal Tender and in the first instance, interested parties are advised to register their interest by e-mail to Jamie Forman (contact details on attached brochure) by no later than
Friday 24th September 2021. Interested parties are requested to provide Company name, contact details and details of how the purchase will be funded (Cash/finance etc.)Selected parties will then be invited to submit a bidon or before a specified date, the exact timings to be confirmed.
Extra Information
A drop box link has been prepared that provides detailed information on planning, ground investigations, method of sale, topographical survey, ecology, drainage, drawings and other reports.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
