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Land
Key information
Property description & features
Description - The property is currently arable land which has a frontage onto Bourne Road (A151) providing direct access to the centre of
the village of Colsterworth to the west and to the A1 to the east. It is gently undulating ground. In total, the site extends to approximately 4.5 hectares (11.0 acres) with a resolution to grant outline planning permission for up to 70 dwellings.
Proposed Development - A resolution to grant has been achieved for 'Outline planning application for the erection of up to 70 dwellings'. The
permission is subject to the resolution of a s.106 agreement which will contain agreed levels of affordable housing as well as
education, health, fire safety and open space contributions. In total, the provisional financial contributions will total £395,755.
There is a provisional requirement for 35% affordable housing, approximately 3,880sqm informal green space and approximately 504sqm for an area of Children's Play equipment. The development offers the opportunity to create a good mix of housing in a sustainable location on the edge of a popular village and with good transport links.
Further information about this site can be found on the website of South Kesteven District Council under the application
reference s18/2379. Further details and copies of reports relating to this site and the agreed basis of the s106 are available from the agent. Interested parties should make their own enquiries of SKDC on[use Contact Agent Button] to establish whether their proposed development will be suitable for the site.
Guide Price - £2,000,000. Offers are invited for consideration.
Viewing - Strictly by appointment with the Agent
Agent - John Elliott
Alistair Anderson
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