Land for sale in Sausthorpe Road, Spilsby PE23

£1,000,000 (£540,540.54/ac)
Interested in this property? Call +44 1522 397760 * or Request Details

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Land for sale

1.9 ac*

Property description

Property


The property comprises a new purpose-built drive through restaurant unit, with
associated drive through lanes and car parking, together with additional land
suitable for further roadside/pfs/drive thru development in a very busy location on
Partney Pumps Roundabout near Spilsby.

The broadly rectangular shaped site is situated in an easily accessible location at the
junction of the A158/A16 heading northwards, a location which the Government
Highway Authority website indicates enjoyed over 17,000 passing vehicles per day
(last pre-Covid year in 2019). Vehicular access into the site is off the A158, which
is shared with the adjacent landowner, who operate a farm shop and garden centre, and the site benefits from a long frontage extending to about 150 metres (491 feet)
running northwards along the A16.

As referred to above, access into the site is taken off the A158 with a tarmac
roadway into a landscaped and gravelled parking area. The existing drive thru unit
has recently been constructed and this building together with the associated drive
through lanes and parking, sit to the northern end of the site, leaving the southern
end extending to circa 0.40 hectares (1 acre) for additional new build roadside
development. Particularly for the delivery of new ev charging due to the limited
availability of facilities in Lincolnshire generally.

There would also be the potential for relocating some of the existing car parking laid
out for the drive thru unit onto the cleared site to the north of the existing drive thru
unit, in order to extend the area available for future development.


Location


He site sits in a high-profile location on the northern
side of the Partney Pumps Roundabout junction, with the east bound carriageway of the A158 from
Horncastle, forming its southern boundary and the A16
heading north towards Louth, its eastern boundary.
The A158 forms the main and busiest coastal road from
Lincoln to Skegness and the other East Lincolnshire
coastal resorts, such as Ingoldmells and Mablethorpe, whilst the A16 is one of the major trunk roads running
north to south within the eastern half of the county, linking Grimsby and Boston.

Louth is located around 20 miles to the north via the
A16, Boston around 35 miles to the south, also via
the A16, Horncastle around 10 miles to the west and
Skegness, a similar distance to the east. Lincoln is
situated around 35 miles to the west.

The Department of Transport highway data for the last
available year in 2021 (so during Covid Pandemic, when travelling was still restricted during periods)
shows around 15,650 vehicular trips per day along
these two roads and across this roundabout. In 2019, (so the year before the Pandemic), passing vehicular
numbers in the same locations were in excess of 17,000
per day, with these numbers increasing significantly
during the summer months when visitors to the Coast
will use this route to travel to and from these resorts.

The existing Spar convenience store and petrol filling
station on the eastern side of the roundabout trades
very well, with vehicles regularly queuing onto the
public highway in order to access the facilities offered
by the station. Apart from this facility, there are limited
competing roadside/drive-thru/pfs outlets found
nearby on these busy routes.


Services


We understand that all mains services including 3 phase electricity and fibre optic broad
band are available and connected to the site.

The location and capacity of these have not been identified and interested parties are
advised to make their own investigations to the relevant utility service providers.


Town & country planning


The use of the site as a drive thru with associated car parking was approved under
Planning Application reference N/136/02061/20. This was for the extension of the
small kiosk on the site into a larger drive through unit, which was recently completed.
The site is not located in a Conservation Area and the building is not Listed.
The balance of the site formerly had Planning Permission under reference number
N/136/00330/14 for a café, retail unit service type building, with a kiosk and lorry
park.
In our opinion, the site offers potential for additional new build roadside/pfs
development on the remaining areas on the southern section of the site, subject to
receipt of the necessary Planning Permissions from East Lindsey District Council.
Interested parties are advised to contact the Local Planning Authority with any specific
planning queries they may have for the land.


Method of disposal


The site is being offered for sale by way of private treaty with offers invited ideally on an
unconditional subject to contract basis only. Alternatively offers made on a conditional
subject to planning basis, will also be considered.

In the case of the latter, the purchasers will be required to pay a non-returnable deposit
of £10,000 on exchange of conditional contracts, secure Planning Permission and
complete their purchase of the property within 12 months from the date of exchange
of conditional contracts.


VAT


VAT may be charged in addition to the purchase price at the prevailing rate.


Legal costs


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

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Banks Long & Co, LN1 on +44 1522 397760 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Banks Long & Co, and do not constitute property particulars. Please contact Banks Long & Co for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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