A new hotel development opportunity on the former Grange and Links Hotel site, in the village of Sandilands, Lincolnshire has been brought to market.
The opportunity is spread across two separate lots, with planning permission to develop a new four-star, 20-bedroom spa hotel with a bar-restaurant and full leisure facilities, along with nine holiday apartments on the first lot.
The second site offers development permission for twelve holiday apartments with ground floor retail space. There is also separate permission for a residential development to the rear of the site.
The former Grange and Links development site is currently being marketed on a freehold basis, with a guide price of £800,000: £500,000 for Lot 1, and £300,000 for Lot 2.
Located near Sandilands beach, on Sea Lane, the site is well positioned within the village, which sits approximately 12 miles north of Skegness, 40 miles east of Lincoln and 17 miles south-east of Louth.
Gavin Webb, senior agent – Licensed and Hotels at Christie and Co, who is handling the sale, said: “This is a great opportunity to develop a new high-quality hotel and holiday apartments in a popular Lincolnshire coastal location, which is currently lacking a development of this scale.
“Lincolnshire attracts 22 million visitors every year and is expected to benefit from the thriving UK staycation market for many years to come. If you’re interested in viewing the property, please don’t hesitate to get in touch. We expect this opportunity to get snapped up.”