Peasgate Lane, Spilsby

A rare chance to purchase a quiet parcel of land extending to 3.32 acres with log cabin and other livestock buildings. The property is currently in agricultural use but has potential for amenity or holiday accommodation subject to planning. FOR SALE BY INFORMAL TENDER (Closing Date 6th August 2020, 12 noon) GUIDE PRICE £60,000 LOCATION AND ACCESS The land is located directly off Peasgate Lane a quiet lane east of the village of Toynton All Saints. It lies only 2 miles south of Spilsby and the A16. DESCRIPTION The property extends to about 3.32 acres and first you have two narrow paddocks that open out into the main area which slopes gently to a ditch at the far end. It is all grassland suitable for grazing horses and other livestock. The fields are fenced with post and wire with some wooden feather board fencing. Some trees surround the land. At the top of the main paddock sits the log cabin with other buildings around the edges of the paddock. LOG CABIN There is a timber log cabin erected around 2017 with a floor area of 35 sqm (375sq ft) plus balcony. It has double glazed windows, LPG heating and hot water and drainage to a septic tank. There is no electric connected but the cabin is wired ready. The accommodation includes a kitchen/living area, three bedrooms and bathroom. The use is restricted to agricultural but the cabin is suited to holiday accommodation subject to planning, see below. The kitchen and shower room fittings should be removed to comply with planning enforcement. LIVESTOCK BUILDINGS There is a 24ft x 12 ft timber shelter and four further 12ft square timber shelters for storage and livestock shelters. There is also a 15ft container. These are moveable but are included in the sale. ACCESS AND SERVICES The land has a gated access off Peasgate Lane with a 6m section between the gate and highway confirmed as a legal right of way. There is water connected via an informal arrangement with the neighbour who has been pleased to supply water for its current use. There is no electric connected. Both mains water and electric are nearby at the dwellings near the entrance. PLANNING The property is in East Lindsey Local Authority. It is in open countryside and the cabin has consent for agricultural storage only. Currently there is an enforcement notice caused by the use of a previous owner, this requires the removal of the kitchen and shower room fittings and the purchaser will need to arrange this to comply. Alternatively, the purchasers may apply for planning for change of use as a route to removing the enforcement notice. There has been a positive informal ‘pre-application advice’ from East Lindsey planning for permission to use the log cabin for holiday accommodation and a copy of this advice is available from the Agents. OVERAGE From a previous conveyance there is an overage clause restricting development on the initial narrow section of the land only. This is at 30% of the uplift in value until 14th July 2029. Further details are available from the Agents. FURNITURE, LIVESTOCK AND TRACTOR The sale includes the following items and the purchaser will be required to purchase these for £1,000 in addition to the sale price. • Furniture for the log cabin, which is safely stored in the cabinet plus the cooker and fridge. • Vintage MF Tractor with loader • 11 Sheep VIEWING Viewing is by appointment only and interested parties should contact the Agent. PLEASE CONTACT THE AGENT AND DOWNLOAD THE BROCHURE FOR FURTHER DETAILS.