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£650,000

Egmanton, Newark, Nottinghamshire

Egmanton, Newark, Nottinghamshire
Property

About this home

Property Details: - Type: Property - Bedrooms: 0 - Bathrooms: 0

Agent: Fisher German - Doncaster Phone: 01302 457187

Opportunity to acquire 3.7 acres (1.5 hectares) or thereabouts of agricultural land with the benefit of planning permission for residential development.<br/><br/>*For sale by informal tender*<br/><b>The Site</b><br/>Moat Farm extends to 3.7 acres (1.5 ha) or thereabouts and is situated on the northern side of Kirton Road, Egmanton. The site comprises a range of traditional farm buildings, now in disrepair and requiring redevelopment. To the north of the buildings lies a paddock and area of spinney which is included within the sale boundary.<br/><br/>The site rises gently from its southern boundary to its northern edge. At the highest point, near the northern boundary, the ground sits at approximately 50 m above Ordnance Datum (AOD). From there the site falls by around ten metres over a distance of roughly 200 m, reaching about 40 m AOD at the southern edge. This north-to-south gradient is shallow.<br/><br/><b>Constraints</b><br/>There are small pockets of Flood Zone 2 touching the southern edge, covering just 0.19 % of the total site area. The remainder of the land sits safely within Flood Zone 1.<br/><br/>Adjacent to the Site are several listed buildings: PORTLAND FARMHOUSE (170.45m southeast, Grade II), CHURCH OF ST MARY (246.72m east, Grade I), ISLAND FARMHOUSE (59.67m south, Grade II), BARN SOUTH EAST OF STONE HOUSE (67.02m southwest, Grade II), and STONE HOUSE (98.36m southwest, Grade II).<br/><br/>The Site is entirely identified as a coal mining reporting area.<br/><br/>The land is located within a conservation area and lies close to several listed buildings; however, the physical and environmental constraints are relatively modest and largely manageable through considered design, standard mitigation and early technical due diligence.<br/><br/><b>Planning</b><br/>The site is located within the jurisdiction of Newark and Sherwood District Council and benefits from planning permission for “Conversion of farm buildings to two dwellings (Plots 2-3) and rebuilding of one barn on existing footprint to form one dwelling (Plot 4). Replacement dwelling (Plot 5) and two new cart sheds.” (Planning ref: 23/00709/FUL).<br/><br/>The application was granted in May 2024 subject to conditions, including commencement of development within three years. The permission will expire in May 2027. In April 2025, a submission was made to discharge condition 6, which related to biodiversity enhancement and mitigation. The condition was partly discharged, more information can be found on the local authorities planning portal, or can be provided by the agent.<br/><br/><b>Location</b><br/>Egmanton is an attractive rural village situated to the northwest of Newark-on-Trent in Nottinghamshire. The village offers a peaceful countryside setting with a close-knit community atmosphere, centred around a traditional village hall and parish church. The village is well placed for access to everyday amenities, with Tuxford 1.2 miles to the northeast and Newark-on-Trent located approximately 8 miles to the southeast. Tuxford benefits from a range of supermarkets, independent shops, cafés, restaurants and leisure facilities.<br/><br/>Primary education is typically served by nearby villages, with a wider selection of schools available in Tuxford and Newark-on-Trent, including Tuxford Academy (Ofsted rated ‘Good’) and The Newark Academy, providing options for secondary education. Further educational facilities, including colleges, can also be found within Newark and the wider district.<br/><br/>Egmanton benefits from road links via the A1, which lies a short distance to the west, providing convenient connections to regional centres including Lincoln, Nottingham and Doncaster. Rail services are available from Newark North Gate and Newark Castle stations, offering direct connections to London, Leeds and other major destinations.<br/><br/><b>Local Planning Authority</b><br/>Newark and Sherwood District Council, Castle House, Great North Road, Newark, Nottinghamshire NG24 1BY<br/><br/><b>Community Infrastructure Levy</b><br/>It is our understanding that Newark & Sherwood District Council is a CIL charging authority. Parties should familiarise themselves with the obligations.<br/><br/><b>Tenure and possession</b><br/>The site will be sold freehold, with vacant possession given on completion.<br/><br/><b>Method of sale</b><br/>The site is to be sold by informal tender with interested parties invited to submit offers using the tender form, available from the selling agents.<br/><br/><b>Overage</b><br/>The vendor wishes to include an overage on the rear portion of the site. Offers are anticipated to include an overage, specifying the value of the uplift and the length.<br/><br/><b>Rights of Way, Wayleaves and Easements</b><br/>The site is sold subject to all Rights of Way, Wayleaves and Easements whether or not they are defined in the marketing material.<br/><br/><b>Viewings</b><br/>The Site can be seen from Kirton Road. Please contact the Agent should you have any further queries.<br/><br/>The Landowner nor their Agent take any responsibility for loss of injury on the Property, and all viewings are undertaken at that person’s own risk.<br/><br/><b>Mineral, Sporting and Timber Rights</b><br/>As far as they are owned, the mineral, sporting and timber rights are included in the freehold sale.<br/><br/>Interested parties to undertake their own investigations and satisfy themselves on these rights.<br/><br/><b>VAT</b><br/>The sale will be subject to VAT, and all offers should be clearly stated as a figure plus VAT.<br/><br/><b>Plans, schedules and boundaries</b><br/>The plans and schedules within these particulars are based on ordnance survey data and are provided for reference only. They are believed to be correct, but accuracy is not guaranteed. The Purchaser shall be deemed to have full knowledge of all the boundaries and extent of ownership. Neither the Vendor nor their Agent will be responsible for defining boundaries or the ownership thereof.<br/><br/><b>Costs</b><br/>The Purchaser will be responsible for the Landowner’s legal costs which are to be non-deductible and non- refundable.<br/><br/><b>Method of sale</b><br/>The site is to be sold by informal tender, with interested parties invited to submit offers in writing addressing the points listed below.<br/><br/>Offers must be compliant with the requirements set out within the covering email and these particulars.<br/><br/>Offers should made in writing, not related to any other offers and should include as a minimum:<br/><br/> - The unconditional sum<br/> - Confirmation of any pre-exchange qualifications associated with the offer<br/> - Payment profile and availability of funds<br/> - Any assumptions relating to abnormal development costs<br/> - A synopsis of planning and technical due diligence undertaken<br/> - Board approval process and associated timescales<br/> - Solicitor’s details<br/> - Any proposed overage payments to the Seller

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