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Investment Highlights

  • Freehold site with three distinct residential components including former pub and two detached houses.
  • One newly built house (2022) currently occupied; second house shell ready for completion.
  • Outstanding potential for redevelopment or multi-let strategies once planning and works are finalized.
  • Located in a well-regarded village a short drive from Lincoln’s retail and business hubs.

Executive Summary

Lot 113 is available by way of Savills Online Auction 20th May 2026.
The Bell Inn offers a compelling freehold development or investment opportunity within the desirable village of Coleby, approximately six miles south of Lincoln. The property comprises a former public house with planning consent for conversion to a four-bedroom dwelling, plus two detached houses on a generous 0.39-acre plot. One of the houses (3B) was completed in 2022 and is currently occupied, while the other (3A) remains unfinished, providing scope for completion and value enhancement.
The original Bell Inn structure delivers significant accommodation potential across two floors, currently incorporating former hospitality spaces on the ground floor and multiple bedrooms above. The completed house features modern open-plan design and multiple en-suite bedrooms. Both completed and pending build elements present options for multi-family occupancy or resale post-conversion.
Strategically located in a tranquil residential setting yet close to Lincoln’s amenities, the property benefits from convenient access via the A607 to the city centre and broader regional road network. With existing planning approval (North Kesteven Council) and readily adaptable configurations, this lot provides flexibility for prospective buyers seeking a mix of development upside and income potential within an established village environment.

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
4,415 SF
Building Class
B
Year Built
1929
Price
$1,295,424 CAD
Price Per SF
$293.41 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.26
Lot Size
0.39 AC
Parking
7 Spaces (1.58 Spaces per 1,000 SF Leased)

Amenities

  • Restaurant
  • Security System
  • Storage Space
  • Listing ID: 40493986

  • Date on Market: 2026-05-12

  • Last Updated:

  • Address: 3 Far Ln, Coleby LN5 0AH

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