FOR SALE - Thorpe Park Lodges Middle Lane, Thorpe on the Hill, Lincoln, LN6 9AJ - cloudfront.net

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FOR SALE - Thorpe Park Lodges Middle Lane, Thorpe on the Hill, Lincoln, LN6 9AJ - cloudfront.net
FOR SALE
                                                    Luxury 37 Lodge Development / Investment
                                                    with further development potential
                                                    Lincolnshire

Thorpe Park Lodges
Middle Lane, Thorpe on the Hill, Lincoln, LN6 9AJ
FOR SALE - Thorpe Park Lodges Middle Lane, Thorpe on the Hill, Lincoln, LN6 9AJ - cloudfront.net
Thorpe Park Lodges

  Thorpe On The Hill, Lincoln
  LN6 9AJ

  • Luxury Development for 37 timber clad lodges

  • Set in 6.79 acres of landscaped grounds

  • Mix of One and Two Storey Lodges

  • Lakeside setting

  • Close proximity to Lincoln City Centre

  • Good local and surrounding amenities

  • Mixture of Privately owned and rental Lodges

  • 17 lodges privately sold at prices of up to
  £200,000

  • 3 plots offering immediate sales opportunities

  • Secure Gated Entrance

  Nigel Nattress         01302 243905

  nigel.nattress@fishergerman.co.uk

  Zoe Hughes             01244 679993

  zoe@foxleisure.co.uk

  doncaster@fishergerman.co.uk
FOR SALE - Thorpe Park Lodges Middle Lane, Thorpe on the Hill, Lincoln, LN6 9AJ - cloudfront.net
Thorpe Park Lodges

Location                                                                                               design features two or three bedrooms but the
Thorpe Park Lodges is located on Middle Lane       5 plots are retained and used as short term         space can provide up to five bedrooms for
in the village of Thorpe on the Hill, close to     holiday rental lodges, 4 or which are let by        larger families.                                  Historic average building costs of approximately
Lincoln, with direct access off the A46.           Sykes Cottages. The other lodge is currently                                                          £90,000 per lodge and historic sale prices of
                                                   under a temporary letting (AST).                    All lodges benefit from solid wood flooring,      between £160,000 to £260,000 on the
The site sits approximately 5 miles from Lincoln                                                       under floor heating, state of the art kitchen and waterside plots. Moving forward a new owner
which boasts numerous attractions,                 A further 3 lodges are currently under              bathroom fittings, plus large privately decked    could substantially benefit from either private
entertainment and activities in the city and       construction, (Lodge 11a, 21 & 24) and are          areas.                                            owners and /or holiday rental lets.
surrounding areas.                                 available for sale at asking prices ranging from
                                                   £160,000 to £260,000.                               Fixtures & Fittings                              Planning
Adjacent to the Park is the 9 hole Lincoln Golf                                                        Any fixtures and fittings not expressly          Planning history is available to view at North
Centre, and Lincoln Water Park. Local              The land at the front of the park originally had    mentioned within these particulars are           Kesteven District Council website.
amenities include 300-acre Whisby Nature           planning permission for a substantial detached      excluded from the sale.
Reserve, Doddington Hall & Gardens and             building with possible use being a gymnasium,                                                        Services
Lincoln Castle amongst many more.                  convenience store/farm shop, bar or restaurant.     Tenure                                           Sewerage:- Private Sewerage Treatment
                                                   Because of the success of Thorpe Park Lodges,       Freehold (LL235663 & LL280332), subject to                     Plant (Klargester)
Description                                        planning permission has recently been granted       the long term leases in place at the point of    Gas:-         Underground LPG
Thorpe Park Lodges is an exclusive lakeside        for a further 5 two storey lodges on the land.      sale.                                            Water:-       Mains
development with planning permission for 37                                                                                                             Electricity:- Mains
hand built luxury lodges set around a fishing      The lodges are constructed in the same way as       Rental Income / Historic Letting Business        Telephone:- BT Fixed line & Internet
lake.                                              a conventional home with block work walls clad      Long Leasehold Lodges
                                                   in timber and built to building control standards   Service Charge £4,400 p/a                        We confirm we have not tested any of the
The park is set in landscaped grounds              with the same life span as a domestic dwelling.     Ground Rent      £50 p/a                         service installations and any occupiers must
extending to approximately 6.79 acres with                                                             Total            £66,750 pa                      satisfy themselves as to the state and condition
gated entrance and gravel parking for each         To date the park has largely been developed                                                          of such items.
lodge.                                             around 2 different lodge styles,:                   There are currently 5 completed rental lodges
                                                                                                       under the ownership of the park and we are       EPC
Currently, there are 22 lodges that are fully      St Andrews Lodge, a single storey design with       advised that on average the lodges have          Individual Unit ratings vary across the site.
built. 17 lodges have been sold to private         three double bedrooms, two bathrooms and            historically net approximately £15,000 pa each   The retained letting units have an Energy
buyers (of which 2 were sold freehold), with the   large open plan lounge/diner with fully fitted      after the Sykes Holiday Cottages agency          Performance Rating of between B and D.
remaining 15 sold on long term leases of 999       kitchen and utility.                                commission. The remaining 12 plots have
years. Each lodge sold on a long leasehold                                                             consent for either Wentworth or St Andrews       Anti Money Laundering
basis pays a service charge of £4400 per           Wentworth Lodge is a two storey design              lodges.                                          The successful purchaser will be required to
annum and a ground rent of £50 per annum.          extending to approximately 1,700 sq ft and can                                                       submit information to comply with Anti Money
                                                   be configured to suit a purchaser’s                 Lodge       Description Sq M Sq Ft               Laundering Regulations.
Total income from the privately owned lodges is    requirements with an attractive mezzanine level     St Andrew’s One Storey 87.60 943
therefore £66,750 pa.                              creating a stunning double height ceiling. The      Wentworth Two Storey 200.02 2,185
FOR SALE - Thorpe Park Lodges Middle Lane, Thorpe on the Hill, Lincoln, LN6 9AJ - cloudfront.net
Luxury Lodge Development with further potential

Guide Price                                        Viewings:
Offers invited                                     Strictly by prior arrangement with the Joint agents.

VAT                                                Please Note:
Unless otherwise stated, all prices and rents      P Deyes and S Williams were appointed Joint
quoted are exclusive of Value Added Tax (VAT).     Receivers of the property on the 9th March 2020.
Any intending purchaser should satisfy             The property is being managed and offered for sale
themselves independently as to VAT in respect of   by the Joint Fixed Charge Receivers who act as
this transaction.                                  agents without personal liability.

Legal Costs
Each party to be responsible for their own legal
                                                                                                          Proposed Site Plan - Planning Ref 1815614 - Not to Scale
costs incurred in this transaction.
FOR SALE - Thorpe Park Lodges Middle Lane, Thorpe on the Hill, Lincoln, LN6 9AJ - cloudfront.net
Lakeside Setting
FOR SALE - Thorpe Park Lodges Middle Lane, Thorpe on the Hill, Lincoln, LN6 9AJ - cloudfront.net
Thorpe Park Lodges

                                                                                                                           Approximate Travel

                                                                                                                           Locations
                                                                                                                             ● Lincoln                5.7 miles
                                                                                                                             ● Grantham              22.3 miles
                                                                                                                             ● Nottingham 32.9 miles

                                                                                                                           Sat Nav Post Code
                                                                                                                             ● LN6 9AJ

                                                                                                                           Nearest station
                                                                                                                             ● Hykeham                     2 miles

                                                                                                                           Nearest Airports
                                                                                                                             ● Humberside                  37.6 miles

                                                                                                                 Please Note
                                                                                                                 Fisher German LLP and its Joint Agents give notice that: 1. They have no
                                                                                                                 authority to make or give any representation or warranty on any property
                                                                                                                 whether on their own behalf or on behalf of their clients or otherwise. 2.
                                                                                                                 They do not owe any duty of care to you and assume no responsibility
                                                                                                                 for any statements, representations, warranties or otherwise made in the
                                                                                                                 particulars and you should not rely on those in the particulars. 3. The
                                                                                                                 particulars are produced in good faith are set out as a general guide only
                                                                                                                 and do not constitute or form an offer or a contract or part thereof. 4.
                                                                                                                 Any photographs, descriptions, plans, measurements, distances and any
                                                                                                                 other details in the particulars are approximate estimates only taken as
                                                                                                                 the property appeared at the time and should not be relied upon as
                                                                                                                 factually accurate. 5. Fisher German and its Joint Agents assume
                                                                                                                 prospective purchasers/tenants have carried out inspections to satisfy
                                            Indicative Location - Not to Scale                                   themselves that the information in the particulars is correct.
                                                                                 Freehold Title - Not to Scale
                                                                                                                 Particulars dated March 2021.

Licence Number - 100022432 - Not to Scale
FOR SALE - Thorpe Park Lodges Middle Lane, Thorpe on the Hill, Lincoln, LN6 9AJ - cloudfront.net FOR SALE - Thorpe Park Lodges Middle Lane, Thorpe on the Hill, Lincoln, LN6 9AJ - cloudfront.net FOR SALE - Thorpe Park Lodges Middle Lane, Thorpe on the Hill, Lincoln, LN6 9AJ - cloudfront.net
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