Description

Subject to contract

Offer:

• Opportunity to acquire vacant land.
• Site benefits from an allocation for
residential development.
• Site extends to c. 2.2 acres / 0.89
hectares.
• Informal tender.

Location
The site is located approximately 1.2 kilometres to
the north of Newark-on-Trent town centre.


Located a short walk to the east of the site are
local amenities including a church and Costcutter.
Northgate Retail Park is situated 550 metres to the
south, providing a number of major retailers
including Homebase, Currys PC World, and TX
Maxx. Located 900m to the North East of the site
are drive through fast food operators including
McDonalds and KFC.


The site is well-connected and it is within close
proximity to the A46, A617 and A1 road which link
the town to major towns and cities including
Nottingham, Lincoln and Mansfield.


Local transport connections include rail links from
Newark North Gate station to London King’s Cross
Station in approximately 1 hour 15 minutes. The
train station is located 400m south of the site.


Description
The site comprises vacant level land.
The site extends to c. 2.2 acres/ 0.89 hectares.


The site is located at the edge of a residential area,
with houses immediately to the east and beyond.
It’s bound immediately to the north by a field, to the
east by Sevenhills Community Centre, houses to
the south and railway lines to the west.


It’s bound to the north by a field, to the east by
Sevenhills Community Centre, to the south by
railway lines and to the west by an adjoining field.

Tenure
The vendor is selling the site freehold with vacant
possession.

VAT
VAT is applicable.


Planning
The site benefits from a planning allocation under
Newark and Sherwood’s planning policy NUA/Ho/2
of the Allocations & Development Management
Development Plan Document (DPD), adopted July
2013. The allocation is for 86 residential units,
however this incorporates the council’s adjoining
site too.


GL Hearn recommend that potential purchasers
make their own enquiries to the local authority
regarding planning matters. For further information
on planning please visit: https://www.newark-sherwooddc.gov.uk/planning/

Legal Costs
Each party is to be responsible for their own legal
costs incurred in the transaction.

Data Room
Please visit the dedicated website for the bids pro forma and
for further information: www.stwproperty.co.uk/for-sale

Terms
Our client is seeking to dispose of the site as shown in red on
the indicative site plan (located on the front page).


The Vendor is seeking offers on an unconditional and
conditional basis.


The method of sale is via the informal tender process, and we
will confirm the bids deadline in due course.

For further information please contact

Tom Mason
+44 (0) 77 5322 3030
Tom.mason@glhearn.com


James Hall
+44 (0) 7710 382 928
James.Hall@glhearn.com

Important Notice
1. This information is intended as a general outline only for the guidance of intending
purchasers and does not constitute an offer or contract, or part of an offer or
contract.
2. All descriptions, dimensions, references to condition and necessary permissions for
use and occupation and other details are given in good faith and are believed to be
correct. Intending purchasers should not, however, rely on them as statements or
representations of fact but satisfy themselves by inspection or otherwise as to their
correctness.
3. No person in the employment of GL Hearn Ltd has any authority to make or give
any representation or warranty whatsoever in relation to any of these properties.
4. Unless otherwise stated, prices or rents quoted are exclusive of VAT.
October 2018.

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Agents for this property

Tom Mason MRICS
Surveyor
Mobile: 07753 223030

James Hall MRICS
Director
Mobile: 07710 382928

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