Burton Waters, Lincoln LN1 2WN

Development

Property Overview


Address
Burton Waters, Lincoln LN1 2WN
Property Type:
Development
Sale Price: POA

Property Agent

Burton Waters, Lincoln LN1 2WN

Property Description

BURTON WATERS
Extending to approximately 140 acres, Burton Waters is one of the UKs most outstanding mixed use residential and leisure developments. The original development commenced in 1999 and is centred around probably thecountry’s most prestigious purpose built inland marina.

A modern lock system links the marina to the Fossdyke, which is understood to be the oldest navigable man-made waterway in the UK, still in use today. Dating back to Roman times, it was originally constructed to join the rivers Trent and Witham providing the Romans with access to the heart of England from The Wash. Burton Waters connects via the Fossdyke, to the historic heart of Lincoln 2 miles by water.

Following initial construction of the Marina in 1999, prestigious developments have followed, which include;

  • A marina with mooring for over 200 boats
  • Over 300 prestigious houses and apartments completed to date
  • Outstanding restaurant and eating facilities
  • On site retail offering
  • Newly completed residential care facility by Barchester
  • Lake Shore A 20 acre residential park home by Arbor Living
  • Fishing Lodges
  • David Lloyd indoor leisure and tennis centre
  • Woodcocks public house and restaurant

SITE AVAILABLE
The site available consists of a total of approximately 11.63 acres (4.71 hectares) of prime canal side land. The development of the site will involve a cut and fill exercise, which is proposed to be completed by the vendors, as a condition of the sale.

PLANNING PERMISSION
A comprehensive planning history is available for the site. The original permission for the development of part for a hotel has now expired.

The most relevant current approvals are:

130050 – Outline Approval for extra care housing up to 100 units dated 8/8/13 (Note. This application included other outline and full approvals on adjacent land).

134630 – Reserved Matters Approval for 100 extra care dwellings, visitors centre and associated works re planning permission 130050 dated 30/9/16.

138861 – Certificate of Lawful Use of development dated 28/3/19. This certified that the extra housing permission, due to lack of a legally binding agreement or relevant planning conditions, was considered to be falling within Class C3 (dwelling houses without restriction)

The granted permission does not include for an affordable housing element or a CIL payment. A revised scheme however may trigger some of these payments in part. A copy of the planning permission history is available. The scheme design under the permission is incorporated within these particulars. A full set of scheme drawings are available. Interested parties should fully satisfy themselves on the current permission and any other alternative permissions that are required before proceeding further.

TENURE
The property will be sold on the balance of a 999 year lease (approximately 20 years expired) at a nominal ground rent. The lease incorporates an obligation to contribute to the maintenance of the services provided by the freeholders, such as onsite security and private estate roads.

SERVICES/ FURTHER INFORMATION
We are informed that all mains services are or can be made available to the site.

SITE INVESTIGATION
Interested parties should satisfy themselves as to the availability of services and the ground conditions before purchase.

PRICE
Offers invited for the land either in part of whole on a conditional or unconditional basis.

Property Agent


PPH Commerical

01482 648888


Enquire About this Property



Property: Burton Waters, Lincoln LN1 2WN.
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