Lincoln Road, Horncastle, LN9

For Sale

Residential Development, Horncastle, LN9


Lincoln Road
Horncastle
LN9

The site is located just off the A158, 0.6miles North-West of the thriving market town of Horncastle. Accessible off the main trunk road through the town, the site is within a 20 mile radius of Lincoln, Market Rasen and Louth. Situated within the administrative district of East Lindsey District Council, the catchment population of the town is circa 6,815 (2011 Census). The 3 acre (1.21 Ha) development site is situated on the Eastern side of Lincoln Road, with frontage onto Lincoln Road, in addition to Reindeer Close: the site can therefore be viewed from the roadside. Currently, the site consists of frontage onto Lincoln Road, where an industrial compound is built to the rear. Benefitting from flat, level ground the site would be most appropriate for development. PLANNING Planning Permission was granted on 27/09/16 for the erection of 6 blocks of terrace houses, with 3 houses per block. In addition, 17 pairs of semi-detached houses have been granted under the same planning application; totalling 52 dwellings. The section 106 agreement for the development, published on 28/09/16, consists of a minimum of 20% Affordable Housing, a total education contribution of £188,033.00 and a health contribution of £407.00 per dwelling. Full details of the approved Planning Application can be found on East Lindsey District Council's Planning Portal Ref: S/086/01083/14.


Lincoln Road, Horncastle, LN9
  • Ref: 2006604
  • Types: Residential Development
  • Size: 3.00 ac (1.214 ha)
  • Freehold: £900,000 (€1,047,852) on application

Key Features

  • Rare development site, with Detailed Planning Consent for 52 residential units.

  • Site extending to 3 Acres (1.21 Ha).

  • Well located in a prominent position, near to the centre of Horncastle.

  • Price on Application.

Location

Lincoln Road, Horncastle, LN9

The site is located just off the A158, 0.6miles North-West of the thriving market town of Horncastle. Accessible off the main trunk road through the town, the site is within a 20 mile radius of Lincoln, Market Rasen and Louth. Situated within the administrative district of East Lindsey District Council, the catchment population of the town is circa 6,815 (2011 Census). The 3 acre (1.21 Ha) development site is situated on the Eastern side of Lincoln Road, with frontage onto Lincoln Road, in addition to Reindeer Close: the site can therefore be viewed from the roadside. Currently, the site consists of frontage onto Lincoln Road, where an industrial compound is built to the rear. Benefitting from flat, level ground the site would be most appropriate for development. PLANNING Planning Permission was granted on 27/09/16 for the erection of 6 blocks of terrace houses, with 3 houses per block. In addition, 17 pairs of semi-detached houses have been granted under the same planning application; totalling 52 dwellings. The section 106 agreement for the development, published on 28/09/16, consists of a minimum of 20% Affordable Housing, a total education contribution of £188,033.00 and a health contribution of £407.00 per dwelling. Full details of the approved Planning Application can be found on East Lindsey District Council's Planning Portal Ref: S/086/01083/14.

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