Longmeadow, Lode CB25

Longmeadow, Lode CB25

0.59 acres (0.239 hectares)

Offers invited by 1pm on Friday 4th September 2020
Residential Development Opportunity
Outline Planning Permission for 4 semi-detached dwellings
For Sale Freehold by Private Treaty

THE OPPORTUNITY
Residential Development Opportunity being offered Freehold, with vacant possession, post October 2020, on an unconditional basis.
The site is being offered by Private Treaty. Offers are invited to the agents by 1pm on Friday 4th September 2020 for the site which benefits from Outline Planning Consent for 4 semi-detached dwellings.

LOCATION
Longmeadow is a hamlet of Lode; a popular village, situated some 7 miles North-East of Cambridge City Centre and approximately 7.5 Miles from Cambridge Science Park, situated on the northern outskirts of the city.
In addition, the site is located approximately 6 miles from Cambridge Airport and approximately 8 miles West of Newmarket Town Centre.
The village is located approximately 3 miles from Junction 35 of the A14, which provides access to the wider road network.
The village benefits from a post office, National Trust Property (Anglesey Abbey), church, recreation ground, allotments and social clubs. The village benefit from daily bus services to both Cambridge and Newmarket.
The site falls within East Cambridgeshire, and therefore there are a number of options available with regards to Education Facilities.

THE SITE
The site (edged red) extends to approximately 0.59 acres (0.24 hectares), comprising agricultural land. The subject site forms part of a larger land ownership of the existing landowners. The site is located on the South Eastern corner of the village, adjacent to existing residential dwellings.

PLANNING
Outline Planning Permission (Application Reference: 19/01470/OUT) was granted by East Cambridgeshire District Council in January 2020 for ‘the erection of up to 4no. dwellings along with associated infrastructure and landscaping’.
East Cambridgeshire District Council is a CIL charging authority and, as a result, CIL will be payable on the proposed scheme.
Interested parties must rely upon their own calculations.

PRICE
Offers are invited for the freehold interest, in excess of £550,000.

NEW HOMES VALUES
Carter Jonas’ New Homes Team have created a New Homes Report, outlining anticipated values in Lode, details of which can be found within the Drop Box.

TENURE
The Freehold interest of the site is being sold, subject to appropriate rights being retained for land to the rear (edged blue).

RETAINED RIGHTS
Appropriate rights are to be retained by the existing landowners for the purpose of accessing and servicing land to the rear (edged blue) of the subject site.
Further details are available from the
agents upon request.

VACANT POSSESSION
There is an existing Farm Business Tenancy agreement in place on the site. Therefore, vacant possession can be provided after 10th October 2020 and not before.

VAT
The property has not been elected for VAT, and therefore will not be charged on the sale price.

PURCHASERS OBLIGATIONS
A document outlining the purchasers obligations can be found within the Drop Box.

DATAROOM
A data room is available, which includes the following information:
• Planning Application Form
• Arboricultural Impact Assessment and Plans
• Bat Report
• Opportunities and Constraints Plan
• Indicative Masterplan
• Site Location Plan
• Site Access Assessment and Plan
• Utility Search Report
• Heritage Assessment
• Decision Notice
• Title Plan and Register
• Legal Report
• New Homes Report
• Proposed Purchasers obligations
Access details can be obtained from the selling agents.

Key Property Details
Location
Greenfield Village Immediate Land
Plot Range
1 to 5 Plots
Use
With Planning Houses
Size of land
0.59 acres (0.239 hectares)
Carter Jonas reference
PDE200009
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