Executive Residential Development, The Limes, Main Street, Scopwick

£800,000
Sold STC
1/5
£800,000
Sold STC
Jasper Caudwell
MRICS BSc (Hons)
Chartered Surveyor
03301280939
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Property summary

Available as a whole or in two lots
Lot 1: Executive development of 5 detached dwellings
No affordable housing provision, S.106 or Mandatory Biodiversity
All pre-conditions to be satisfied prior to completion
GDV Available on Request
Popular well-regarded estate village location
Data room available on request
For Sale via Informal Tender. Tender Deadline, 12th December 2024

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Jasper Caudwell
MRICS BSc (Hons)
Chartered Surveyor
03301280939

More about the property

LOT 1 – EXECUTIVE DEVELOPMENT OPPORTUNITY OF 5 X 5 BEDROOM DETACHED DWELLINGS in the sought-after village of Scopwick. The freehold is available via informal tender where full details are included within the particulars.

See the full details for information on the site as a whole and more specifically, Lot 2. 

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LOCATION
The site is located within the district of North Kesteven District Council, Lincolnshire, nestled in the popular village of Scopwick; a well-regarded estate village with local country pub and restaurant, and is convenient for both Sleaford and Lincoln with access directly onto the B1188.
OVERVIEW
Lot 1 forms part of the former Limes Residential Care Home which is no longer in use and is proposed to be demolished and replaced with 5 x 5 bedroom executive detached dwellings designed by Steven Dunn Architects. The current permission includes part of the garden currently associated with 55 Main Street to maximise the scheme.


Lot 2, 55 Main Street, is a large executive 3 bedroom
detached residential bungalow that is attractively set back from the main road
via a tree lined driveway leading to an integral double garage and parking for
over 5 cars. The bungalow benefits from well proportioned front and rear
gardens, and has full planning permission to convert in to a 5 bedroom detached
house.




The bungalow is currently occupied under an Assure Shorthold Tenancy Agreement. Full details can be found overleaf where floor plans and details on the planning permission is provided.
LOT 1 - THE PROPOSAL
Full planning permission was granted in August 2022 under Application Number 22/0417/FUL for: Planning Permission – Demolish existing buildings and erection of five detached dwelling houses and a subsequent application made for a non-material amendment following the grant of planning permission under application number 22/1396/PNMAT for the internal amends to Plot 4 to create a 5-bed house (previously approved as a 4-bed house).


Links to both applications are below for ease of reference:


• https://planningonline.n-kesteven.gov.uk/onlineapplications/applicationDetails.do?keyVal=R8WCKVLLKKU00&activeTab=summary 
• https://planningonline.n-kesteven.gov.uk/online-applications/applicationDetails.do?keyVal=RJ6N7YLLMP300&activeTab=summary 


Note, there is no requirement for any affordable housing provision, S106 obligations or mandatory Biodiversity Net Gain and the vendor has instructed for all pre-conditions to be satisfied prior to completion to enable a developer to commence works immediately on completion.


Plot 1 - Detached 5 bedroom house extending to 230 sqm with garage 
Plot 2 - Detached 5 bedroom house extending to 240 sqm with garage 
Plot 3 - Detached 5 bedroom house extending to 249 sqm with garage 
Plot 4 - Detached 5 bedroom house extending to 185 sqm with garage 
Plot 1 - Detached 5 bedroom house extending to 202 sqm with garage 


The above measurements are for indicative purposes only; all house type plans can be provided to any interested party or are available via the planning portal through the above links.


As previously mentioned the sale can be as a whole or across two Lots as detailed.
LOT 2 - 55 MAIN STREET SCOPWICK
The Bungalow is accessed via a treelined driveway off Main Street that provides ample parking adjacent to the integral double garage. The Bungalow sits in a stunning private setting enclosed to all boundaries with front, side, and rear gardens.


Internally, the accommodation comprises a large entrance hallway, open plan kitchen diner, two large reception rooms, three bedrooms (ensuite
to master), a family bathroom and conservatory.


Furthermore, an application was made to convert the bungalow into a 4/5 bedroom property with three ensuites under application approved 28th December 2022. The bungalow is currently subject to an AST agreement that can be made available to any interested party.


A link to the current planning permission is below:


https://planningonline.n-kesteven.gov.uk/online-applications/applicationDetails.do?activeTab=documents&keyVal=RJ6N6CLLMP100 



Viewing is advised to fully appreciate its setting and size. 
SERVICES
All interested parties are to rely upon their own enquires as to the availability of the services. No tests have been carried out by the selling agent.
TENURE
We are inviting offers in the region of £1,200,000 for the whole freehold site or lots as below:


Lot 1: £800,000 (The Limes)
Lot 2: £400,000 (55 Main Street)
SALES PROCESS
The property is being offered For Sale by way of Informal Tender with offers to be submitted by 12th December 2024 for the whole site or Lot 1 and Lot 2 individually.


Offers must be made in line with the tender details enclosed on our brochure and arrive at the offices of Pygott & Crone by post or email, no later than 12 noon on the tender date.


As the site has the benefit of planning permission, the client is seeking unconditional offers for the freehold interest. Offers made on a conditional basis maybe considered on their individual merit.
LEGAL COSTS
Each party will be responsible for their own legal and professional costs incurred in this transaction.
VIEWINGS
Strictly by appointment by prior arrangement only.
PLANS & INFORMATION
Plans and images with these details are for identification purposes only, they are not to scale and have not been measured by Pygott & Crone.
TENURE INFORMATION
The Former Limes Residential Care home and 55 Main Street, Scopwick, LN4 3NW


We are inviting interested parties to submit their ‘Best and Final Offers’ in accordance with the following terms:


1. Offers should be submitted to Pygott & Crone’s office, whose address is 36a Silver Street, Lincoln, LN2 1EW, by 12 noon on the 12th December 2024.


2. Offers must be submitted in writing. The offer letter may be emailed or posted.


3. Envelopes must be sealed and clearly marked “Offer for LOTS 1 & 2 or Individually” in the top left hand corner. Envelopes not so marked are liable to be opened with the normal office post before the offer deadline.


4. Emailed offers should be sent to Jasper Caudwell at jcaudwell@pygott-crone.com


5. The offer should be made for a fixed sum in pounds sterling and we suggest that any offer is made for an odd figure to reduce the possibility of identical offers being received. No offers should be made by reference to any other offer, i.e. escalating bids.


6. The offeror should confirm that the necessary funds are available to complete on the purchase at the level of their offer.


7. As the land benefits from planning permission, our client is seeking offers on a un-conditional basis, although conditional offers maybe considered on their individual merit.


8. If conditional, your offer letter must clearly state any matters upon which your offer is conditional upon.


9. To add weight to your offer please confirm the due diligence which you have already undertaken in arriving at the level of this offer.


10. Please give the full name(s), address and landline telephone number of the prospective purchaser(s), together with the contact name, company name (if applicable), address and telephone number of the solicitor who will act on behalf of the purchaser(s).


11. The vendors reserve the right to interview the most acceptable offers prior to any offer being formally accepted.


12. The vendor reserves the right not to accept the highest, nor indeed, any offer.


13. If you have already submitted an offer to purchase the land you are asked to re-confirm if that offer is still applicable for the deadline of 28th November 2024.


14. Subject to contract only, please confirm that you agree that in the event of this tender being accepted you will exchange contracts and will pay the deposit of 10% of the sum within 28 working days of date of notification of acceptance of our offer. Completion will then take place 28 days thereafter or on a date to be agreed between the parties. If these timescales are not achievable, please set out your proposed timescales within your tender submission.
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