Holiday Lodge Development Site - H&H Land & Estates

Holiday Lodge Development Site

Guide Price £395,000

Holiday Lodge Development Site, Durham Road, Wingate, Durham, TS28 5HP

An excellent opportunity to purchase woodland extending to 14.17 acres with road frontage and the benefit of full planning consent for 10 holiday lodges.

Key Features:

Description

The site extends to approximately 14.17 acres in total. Planning consent was granted in 2016 under reference DM/16/03318/FPA with Durham County Council. Full details of the application can be viewed on the DCC website. Discharge of conditions 3, 8 and 9 relating to access and further site investigations have been met, so the planning is currently classed as commenced and is live. The permission granted provides for the construction of 10 holiday lodges each within approximately 1 acre of woodland. Please refer to the design document for information about the indicative design of the lodges. Lodges can be used for a maximum of 50 weeks per annum.

Tenure
The land is for sale freehold, with vacant possession to be granted upon completion.

Access
Access, which is marked blue on the sale plan, is via a field gate directly off Durham Road, Wingate. The Seller will grant access rights over the area marked in blue.

Services/Material Information
The land does not currently have an electricity supply or water supply so new connections would need to be made. A drainage report is available by request.

Overage
In the event that the Buyer or their successors in title obtain planning consent to carry out any development, that would increase the value of the land over the agreed sale amount, overage will be payable at 50% of the net uplift in value to the Seller, or their successors in title. This provision will run for 25 years from the date of purchase, and the trigger will be the implementation of planning permission, or a sale with its benefit. For the avoidance of doubt the current permission for 10 holiday lodges will not trigger any overage liability.

Measurements & Additional Information

Rooms:

Burdens

The property is sold subject to all rights including rights of way, whether public or private, rights of light, support, drainage and other rights, obligations and easements, quasi easements and restrictive covenants and all existing and proposed wayleaves for masts, pylons, stays, cables, drains and water, gas and other pipes, whether or not constituted in the title deeds or referred to in these particulars. The Buyers will be held to have satisfied themselves as to the nature of such burdens.

Method of Sale

The property is offered for sale as a whole by private treaty. The Seller reserves the right to amalgamate, withdraw or exclude any of the property shown at any time or to generally amend the particulars. Please contact H&H Land & Estates to register your interest.

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0191 370 8530

Blackmoor Court, Durham Moor, Durham DH1 5ER

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