Under Offer

TypeRetail Development Land · Welfare Development Land

NR32 1.25 Acres, Lime Avenue, Oulton, Lowestoft

TenureFor sale

1.25 Acres, Lime Avenue, Oulton, Lowestoft, NR32 1/2

Specification

Land size
Land size 1.25 acres
Property type
Property type Retail Development Land · Welfare Development Land
Tenure
Tenure For sale

Description

The property comprises a development site forming part of the wider Woods Meadow residential scheme being undertaken by Persimmon. The site is allocated in the development masterplan as a neighbourhood shopping centre and has the following benefits:

The site is being offered for sale on a freehold basis. Both conditional and unconditional offers will be considered. The vendors will require that evidence of due diligence and planning enquiries is submitted prior to accepting any offer. In accordance with the latest Anti Money Laundering (AML) legislation, the purchaser will be required to provide proof of identity and address to the selling agents prior to solicitors being instructed.

Prominent and accessible position opposite the new school.

Part of a popular and rapidly expanding residential location.

244 new homes already built and occupied. A further 367 in the scheme's pipeline.

204 other new homes in the area.

Prime opportunity for neighbourhood retail (including food) development.

Location

Lowestoft is a busy coastal town and a centre for excellence for offshore and renewable energy. It is located approximately 30 miles south-east of Norwich and 40 miles north of Ipswich via the A47 and A12 trunk roads respectively. The built-up area of Lowestoft has a population in the region of 73,500, including areas such as Carlton Colville, Oulton and Corton. The subject property is located in Oulton Broad area, some 3 miles west of Lowestoft town centre. It sits within a large housing development and opposite The Limes Nursery and Primary Academy School.

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