RESIDENTIALSPALDING DEVELOPMENT COMMERCIAL : 01775 : 01775 765536 765536 www.longstaff.com www.longstaff.com By Direction of Gibbons (Holdings) Ltd Residential Development Land Off Stowe Road, Langtoft, Peterborough PE6 9NE FOR SALE - Guide Price: £2,250,000 Freehold, Subject to Contract Approximately 8.62 Acres (3.49 Hectares) Full Consent for 6 Units and Outline Consent for up to 35 Units Popular Village with Good Local Facilities and Amenities, Unique Position Close to Lakes and SSSI Close to Market Deeping and within easy reach of Bourne, Stamford and the Expansion City of Peterborough LOCATION The land is situated on the south side of Stowe Road on the western edge of the village of Langtoft, but within walking distance of local village facilities and amenities, which include Village Shop, Public House, Parish Church, Village Hall and Primary School. Market Deeping lies 2 miles to the south which offers very much more extensive facilities and amenities, including banking, shopping, retail, leisure and primary and secondary education facilities. The market town of Bourne is some 7 miles to the north, also providing extensive market town facilities and amenities and the very large centre of Peterborough, about 10 miles to the south, is also readily accessible. The attractive limestone built town of Stamford, only 7 miles to the south west, also provides the closest connection point to the A1. Train connections are available at Stamford and Peterborough - the east coast main line Peterborough to Kings Cross service is available with a minimum journey time of approximately 45 minutes. Sporting opportunities in the area are also excellent with a large number of indoor and outdoor facilities, together with Golf Courses at Toft (near Bourne), Burghley Park, Stamford, Luffenham Heath in Rutland, Greetham Valley (close to Stamford) and other Courses on the edge of Peterborough. The very extensive facilities and amenities of Rutland Water, one of England’s largest man made Reservoirs is available for walking, sailing, fishing etc. and lies 10 miles from Langtoft. Access to the site is from the villa ge of Langtoft or to the west via easy connection to King Street, running north to Bourne, and south to the Deepings. DESCRIPTION The land extends to approximately 8.62 Acres (3.49 Hectares) and is offered for sale as a whole. A plan showing the land, for identification purposes, is edged red and included in these Particulars. It has a long frontage to Stowe Road and also extends to the rear of other residential properties on the north east side. The extent / boundary points are marked on site and it will be appreciated that, to the south, it has a very pleasant outlook towards former gravel pits which are now long established for nature and conservation. The site is of good shape capable of logical development for residential purposes. In earlier years there has been some gravel extraction on site. The boundary posts on site are marked in blue - any other posts are for offset or other measurements only. Further information regarding boundary lines and extent of ownerships will be explained on site or at the time of enquiry. PLANNING MATTERS Outline Planning Consent has been granted by South Kesteven District Council on 11 September 2019 under Reference No. S17/1900 for the Residential Development of up to 35 dwellings, associated estate roads, open space and Sustainable Drainage System (outline), subject to conditions and the Section 106 Agreement which is in place. In addition, an earlier Consent for six significant properties (within the area now offered for sale) was granted by South Kesteven District Council was granted on 4 June 2010 under Reference No. S10/0924/OUT. Renewal of Outline Consent was granted on 25 July 2013 under Reference No. S13/1326/OUT and approval of Reserved Matters was granted on 26 July 2013 under Reference No. S13/1480/RM, details of which are all available in an Information Pack or to be downloaded direct from the Council’s website. Work on site in connection with that development started some time ago with the provision of footings. The attention of interested parties is drawn to the various conditions attached to the Planning Consent and Section 106 Agreement. There is a complement of documentation available for downloading from the Council’s website concerning all aspects relating to the Application, the Section 106 Agreement and the grant of both Consents. Thes e can be accessed via: www.southkesteven.gov.uk PLANNING CONSENT AND SECTION 106 AGREEMENT S10/0924/OUT S13/1326/OUT S13/1480/RM S17/1900 : This Outline Planning Consent was granted on 11 September 2019 and the Section 106 Agreement was dated 2 September 2019. PLANNING DESIGN Whilst the design of the element of the site which is subject to an Outline Consent, will be, in due course, subject of a Reserved Matters Application, the availability of this development opportunity provides the chance to create a very individual, high quality, development to complement the unique setting and with an attractive outlook to the south a nd south west, and yet close to the village and its amenities. UPLIFT CLAUSE / CLAW-BACK PROVISION Should either of the existing Planning Consents (for Full and one Outline) be changed and the number of units on site increased, the Vendor reserves the right to receive additional payment for the increase in value of the site consequent to the changed Planning Consent, such payment to equate to 35% of such increase but limited to 15 years from completion of the sale. ADDITIONAL LAND Interested parties should note that there may be the opportunity to acquire additional land adjacent to the site currently being offered for sale. Should this be of interest, interested parties should contact the Selling Agents. TENURE The land is for the sale with the benefit of freehold tenure and will be offered with vacant possession available upon completion. SERVICES The Vendor has, in recent times, provided an electricity Sub-Station on site. This will be available for providing mains electricity. We understand that mains water is available in Stowe Road and mains drainage is in the locality. However, no warranty is given to the availability of services, nor their capacity, nor cost of connection. Interested parties must make their own specific enquiries with the relevant service providers to obtain the necessary information on which to understand the provision of and need for servicing of the site. The Vendor will retain a right of access to any unused capacity of the Sub-Station (where allowable). RESERVED ACCESS / SERVICE MEDIA The Vendor will reserve access at pre-arranged positions through the site to service and access adjacent retained land, such accesses to be provided to also include access to service media without cost to the Vendor. OTHER OBLIGATIONS Fencing: It will be the responsibility of the purchaser to fence the new south and west boundaries with a type and specification of fencing within a timescale prior to any on site development and within three months of the completion of the sale. The type of fencing will be a minimum of concrete posts and close boarding to a height of 1.8m. Wayleaves, Easements and Rights of Way: Full details of reserved rights and conditions will be available to the proposed purchaser in due course. BASIS OF OFFERING The Vendor is seeking unconditional offers for the sale of the freehold property with the benefit of the existing conditions / Consents and Section 106 Agreement. GUIDE PRICE £2,250,000 (Two Million, Two Hundred and Fifty Thousand Pounds) Freehold, Subject to Contract VAT VAT will not be payable on the purchase price unless the Vendor elects to waive the exemption to VAT, in which case interested parties will be advised. VIEWING Viewing of the site is only by prior appointment Interested parties must contact the Residential Development Land Department of R Longstaff & Co on 01775 765536. Email: [email protected] Note: All parties entering onto the property do so entirely at their own risk, and neither the Vendor nor its Agents can accept any liability for damage to persons or property as a result of entering the site or its surrounds. Please take all appropriate precautions when visiting the property. Not to Not Scaleto To Langtoft Village Langtoft To Centre To To King Street For Identification Purpose For Identification SITE PLAN SITE Not to Scale to Not KEY s Only Total Site Area Site Area of Recent Outline Consent Site Area of Original Full Consent LOCATION PLAN For Identification Purposes Only - Not To Scale LOCAL AUTHORITIES AND SERVICE PROVIDERS District and Planning: South Kesteven District Council Council Offices, St Peter’s Hill, Grantham, Lincolnshire NG31 CALL: 01476 406080 Water and Sewerage: Anglian Water Customer Services PO Box 10642, Harlow, Essex, CM20 9HA CALL: 08457 919155 County and Highways: Lincolnshire County Council County Offices, Newland, Lincoln LN1 2YL CALL: 01522 552222 Electricity: Western Power Distribution - New Supplies - Customer Application Team Tollend Road, Tipton, DY4 0HH Email: [email protected] CALL: 0121 623 9007 Gas: Cadent Gas CALL: 0345 835 1111 www.cadentgas.com Email: [email protected] Drainage Board: Welland and Deeping Internal Drainage Board Deepings House, Welland Terrace, Spalding, Lincolnshire PE11 2TD CALL: 01775 725861 PARTICULARS CONTENT We make every effort to produce accurate and reliable details but if there are any particular points you would like to discuss prior to making your inspection, please do not hesitate to contact our office. We suggest you contact our office in any case to check the availability of this property prior to travelling to the area. Ref: S10309 These particulars are issued subject to the property described not being sold, let, withdrawn, or otherwise disposed of.