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Sutton Estate, Burnham Market, King's Lynn, PE31 8EX
£1,000,000
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  • CONTACT BROWN&CO FOR FURTHER INFORMATION
  • For sale by informal tender, by 12 noon, Friday 29th July 2022
  • Residential development opportunity for land
  • Full planning permission for nine dwellings
  • Located in Burnham Market with some fine views over fields the rear and back to village
  • Please see listing for information on how to submit tender bids.

Brown&Co offers an outstanding residential development opportunity in Burnham Market, North Norfolk. For sale by informal tender by 29th July 2022. Land of approximately 1.207 acres with full planning permission for no.9 dwellings. Full details in main listing.

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About this property

Brown&Co offers an outstanding residential development opportunity in Burnham Market, North Norfolk. Land of approximately 1.207 acres with full planning permission for no.9 dwellings.

LOCATION
Burnham Market is one of the most well-known and popular villages in Norfolk. It is a highly sought-after location with property in the village being arguably some of the most desirable not only in Norfolk but, all of East Anglia. At the heart of this thriving village is a traditional green surrounded by a wide selection of mostly independent high quality shops and amenities including butchers and grocers. The Hoste Arms public house and hotel is a popular destination and meeting point.

METHOD OF SALE
Guide Price, offers in excess of £1,000,000. The land is offered for sale by informal tender, offers should be submitted in writing to the selling agents (details below) by the deadline date of 12 noon, Friday 29th July 2022. Tender forms are available on request from the selling agents.

DESCRIPTION
The site is known as Land North-West of 40 Sutton Estate Burnham Market, PE31 8EX, shown in red on the indicative plan. The area extends to approximately 0.4885 hectares / 1.207 acres, taken from application. The site enjoy some fine views over fields to the West with the Church tower also visible when looking back towards the village.

PLANNING
The site was granted planning permission by the Borough Council of King's Lynn and West Norfolk under reference 20/01866/F in October 2021 for the 'Residential development of 9no. dwellings. This is shown as red shaded area on indicative site plan.

SECTION 106 AGREEMENT & OFF-SITE
HIGHWAY IMPROVEMENT WORKS
The site is subject to a section 106 agreement and off site highway improvement works. A copy of the Agreement and a drawing relating to the off-site improvements are available in the Data Room.

COMMUNITY INFRASTRUCTURE LEVY
& FINANCIAL CONTRIBUTION
CIL is payable to the Borough Council of King's Lynn and West
Norfolk based on a GIA (gross internal area) of 931.86m2. The current multiplier for CIL is £69.86m2 resulting in a total of £65099.87 payable. There is a financial contribution payable in lieu of affordable housing provision on site of £108,000.

COVENANT
The vendor wishes for the site to be developed in accordance with the planning permission 20/01866/F and therefore will require the purchaser, or subsequent owners thereafter to enter into a positive covenant to such affect. Further details to be agreed at the time of sale.

FURTHER INFORMATION - 44 SUTTON ESTATE
The property known as 44 Sutton Estate, shown in blue on indicative site plan, located at the right-hand side of the site entrance is available for purchase and is likely to be of considerable interest to the parties bidding on the land. The property is offered for sale by informal tender with identical closing date of 12 noon, Friday 29th July 2022. Please
see our separate advert or contact the agent for further details and access. Full address, 44 Sutton Estate, Burnham Market, PE31 8EX. Guide price, offers in excess of £350,000

DATA ROOM
Details of the site and Planning Application are available in the
dedicated Data Room. Please contact the Selling Agents for access to this information.

WAYLEAVES, EASEMENTS & RIGHTS OF WAY
The site 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.

VAT
The land has not been opted to tax and so VAT will not be payable by the Buyer in addition to the Contract Price.

PLANS, AREAS AND SCHEDULES
These have been prepared as carefully as possible and are based on the Ordnance Survey scale plans and HM Land Registry. All plans are published here are for identification and indicative purposes only and are believed to be correct however in no way should be relied upon.

DISPUTES
Should any dispute arise as to the boundaries or any point arising in these Particulars, schedule, plan or interpretation of any of them the question shall be referred to the arbitration of the Selling Agents, whose decision acting as expert shall be final. The Buyer shall be deemed to have full knowledge of all boundaries and neither the Seller nor the Selling Agents will be responsible for defining the boundaries or the ownership thereof.

ANTI-MONEY LAUNDERING
In accordance with the most recent Anti-Money Laundering legislation, a Buyer will be required to provide proof of identity and address to the Sellers' Agents once an offer is submitted and prior to Solicitors being instructed.

VIEWING
Viewing is permitted during daylight hours with a set of these sales particulars to hand, having contacted the Selling' Agents

HEALTH AND SAFETY
Viewers should be careful and vigilant whilst on the property. Neither the Seller nor the Selling Agents are responsible for the safety of those viewing the property and accordingly those viewing the property do so at their own risk.

SELLING AGENTS
Lee Shuardson and Henry Cockerton, Brown & Co LLP Market
Chambers, 25-26 Tuesday Market Place, King's Lynn, PE30 1JJ.
T: 01533 770771

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To arrange a viewing contact

Market Chambers, 25-26 Tuesday Market Place, King's Lynn, Norfolk, PE30 1JJ

01553 770771

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