Price Offers in the region of £1,950,000

Rates Payable Upon Enquiry

Description

Belvoir Lakes offers a rare opportunity to acquire and develop a premier leisure property, with planning permission already secured for over 90,000 Sq. Ft. of development, split across the following”.

34 self-catering holiday lodges, totalling 61,192 sq. ft. of development.

A 25-bed hotel/inn, totalling 20,343 sq. ft., with the option to be reconfigured into six 4-bedroom apartments.

A large water sports and facilities building, totalling 9,000 sq. ft.

There is scope, to alter the current planning permission using the above development footprint, which is fully implemented.

Tenure & Possession

The property is offered for sale freehold as a whole with vacant possession on completion.

Fixtures, Fittings & Stock

The sale includes fixtures and fittings and fish stocks within the lakes. Fenn Wright/Michael Paul Consultancy are not liable in any way for the quality or quantity of the fish stocks, nor any death or disease that may affect such stocks. Purchasers must satisfy themselves as to the quality and quantity of the fish stocks prior to purchase.

Rights of Way & Easements

The property is sold subject to and with the benefit of all existing Rights of Way, whether public or private, light, support, drainage, water and electricity supplied in other rights obligations, easements, quasi-easements and restrictive covenants or all existing proposed wayleaves for masts, staves, cables, drains, water and gas and other pipes, whether referred to in these particulars or not.

Consumer Protection Regulations

Under the regulations, what we say or publish about a property must not be false or misleading and we must provide certain material information to enable a potential viewer or purchaser to take an informed transactional decision.

Measurements

Any areas, measurements or distances referred to as approximate are given as a guide and are not precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries.

Important Notice

Fenn Wright/Michael Paul Consultancy for themselves and the Vendor of this property whose Agents they are, give notice that:
The particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchasers and do not constitute part of an offer or contract. Prospective purchaser/s and lessees should seek their own professional advice.All descriptions, dimensions, areas, reference to condition and if necessary permissions for use and occupation and their details are given in good faith and believed to be correct. Any intending purchaser/s should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
No person in the employment of Fenn Wright/Michael Paul Consultancy has any authority to make or give any representation or warranty, whether in relation to this property or these particulars, nor to enter into any contract relating to the property on behalf of the Vendors.
No responsibility can be accepted for any expenses incurred by any intending purchaser/s in inspecting properties that have been sold, let or withdrawn.

Local Authority

Newark and Sherwood District Council, Newark, Notts NG24 1BY T: 01636 650000
Photographs taken: 2021
Particulars prepared: September 2024

*Safety Note to Buyers*

Please ensure care is taken when viewing and walking near to lakes and areas of water. Do not walk close to the edge of waterways, and ensure children are supervised at ALL times. Lakes, Ponds & Rivers can be very dangerous so THINK SAFETY FIRST!

Business Overview

The lakes are stocked with carp up to 30lbs, pike and other mixed coarse fish species and managed on a day ticket basis.
More recently wild camping has been developed improving a popular diversification.
https://www.pitchup.com/campsites/England/Central/Nottinghamshire/Nottingham/belvoir-waters/
Further information on the business is available from the Agents.

Planning

https://www.newark-sherwooddc.gov.uk/your-council/planning-services/

14/02023/FULM - Development of 34 self-catering holiday units, a 25-bed Inn building, Watersports building, Storehouse and
Outfitters along with a commercial and educational unit, nature trails, cycle trails, pathways and family facilities. Re-routing a
public right of way.

19/01097/FULM – Application made under Section 73 to remove Condition 21 attached to planning permission 14/020323/FULM.
Planning permission granted on appeal – lodges with occupancy condition stating holiday use only/no occupation as a sole or main residence.
24/00724/S73M - Application for variation of condition 01 to substitute approved phasing plan drawing and and alter
development phasing attached to planning permission 19/01097/FULM.

Belvoir Lakes also offers the opportunity subject to planning the possibility of a single dwelling instead of the current planning permissions.

Overage Clause

The previous owners, British Gypsum implemented an overage clause based on 25% of the uplift in value, which is has a base value which is RPI linked.

Services

Belvoir Lakes has the benefit of electricity substation with 3-phase supply and mains water.

Joint Agent

Fenn Wright
Mr Martin Freeman 07889 808288 mjf@fennwright.co.uk