Development to Buy
Mareham Road, Horncastle, LN9 Under offer
A substantial parcel of greenfield residential development land located on the south eastern side of the Town in what is a well established residential location.
There is a Detailed Planning Permission on Phases 1 and 2 of the land for 52 dwellings, to enable development to start on site immediately.
In our opinion there is scope for increasing the number of dwellings on the remaining Phases 3, 4 and 5 of the site by up to 104 additional units, meaning the site could accommodate 156 units in total, subject to the receipt of the necessary planning permission. Please see the Masterplan attached.
Location Horncastle is a popular Lincolnshire Market Town located about 22 miles east of Lincoln. The Town has a population of circa 6,500 and lies to the south of the Lincolnshire Wolds, a designated area of outstanding natural beauty.
The Town offers a good range of local amenities including the highly regarded Queen Elizabeth Grammar School and is well known throughout the country as a centre for antique sales.
The Town sits at the crossroads of two of Lincolnshire’s major roads, the A158 which joins the City of Lincoln with the County’s East Coast resorts and the A153 which joins Horncastle to Louth in the north and Sleaford/Grantham in the south. Woodhall Spa and its internationally renowned golf courses is also located about 5 miles away.
Other amenities in the town include a Tesco and Co-op supermarkets and a wide variety of other local retailers.