Gedney Broadgate 4,759 sq ft Industrial Property Gedney PE12 0DG £250,000 (£52.53/sq ft)

The land and property offered for sale extends to 0.58 hectares (1.44 acres) (including the access) and provides a significant residential development opportunity located on the south side of Cade Drove near Gedney, Lincolnshire. The property adjoins what was formerly Broadgate Nurseries. The offering comprises a general purpose agricultural building with Prior Approval for a change of use from an agricultural building into two dwellings, and 0.32 hectares (0.78 acres) of agricultural land with Full Planning Permission for a change of use to gardens, driveways and vehicular parking for the approved barn conversion.
The building is constructed from red brick and steel walls, corrugated sheet cladding and roof with a concrete floor. The corrugated sheet cladding and roof has been identified as presumed asbestos cement material. A contamination report is available from the Selling Agent.
Identified on the Sale Plan is the opportunity for a buyer to purchase 0.87 hectares (2.15 acres) of bare land to the north of the building (hatched blue) and/or 0.62 hectares (1.52 acres) to the south east of the plot (hatched yellow).
Parcel A (hatched blue) is being offered with a new Overage Agreement triggered on the implementation of a Planning Permission for any change of use from Agriculture, or on the sale of the property with the benefit for Planning Permission. The Overage term and percentage uplift can be negotiated with the
Selling Agent.
Parcel B (hatched yellow) is being offered for sale with no restrictions or Overage Agreement.
PLANNING
H06-0868-23: Approved Class Q change of use of agricultural building into two dwellings with associated works (Granted - 27th November 2023).
H06-0944-24: Full Planning change of use of agricultural land to gardens, driveways and vehicular parking for approved barn conversion under approved Class Q Prior Notification Application H06-0868-23 (Granted - 7th January 2025).
Planning for this development has been granted on the basis that the Biodiversity Net Gain conditions will be met on-site by the creation of the gardens for the residential property. It has been proposed that native tree and hedge planting species will be used, with wildflower areas in lawns that will include night scented flowers. These proposals will create an on-site net gain of 28.59%, which is significantly over the minimum of needing to provide a 10% net gain.
All details of the Applications can be found on the South Holland District Council Website's Planning Portal using the postcode or reference numbers.
ACCESS
The property is accessed via Cade Drove and down a farm track, as shown on the Sale Plan.
If the land to the north or south of the plot is not sold, then a Right of Access will be retained along the farm track to access this land.
South Holland Internal Drainage Board have a Right to Access the IDB drain along Bullock's Short Gate.
The neighbouring landowner of Broadgate Nurseries benefits from a Right of Way along the farm track until 21st June 2025.
METHOD OF SALE
The Freehold of the property is offered for sale by Private Treaty as a Whole.
TENURE AND POSSESSION
The whole property is being sold with Vacant Possession.
WAYLEAVES, EASEMENTS AND RIGHTS OF WAY
The property is sold subject to and with the benefit of all existing rights, including rights of way, whether public or private, light, support, drainage, water and electricity supplies and other rights, easements, quasi-easements, and all wayleaves whether referred to or not in these Particulars.