Ware, Lyme Regis

A block of level strategic land on the edge of Lyme Regis considered to have potential for future development (STPP), extending to 21.59 acres (8.73 ha). For sale by Formal Tender as a whole, tenders are invited with or without uplift/overage. Tenders close Thursday 23rd May 2024 at 12 noon.
Guide Price £375,000 Freehold

Situation - The land is situated on the borders of Dorset and Devon in the parish of Uplyme, East Devon on the edge of the popular coastal resort of Lyme Regis. Lyme Regis is famed for its ancient Cobb Harbour and sandy beaches on the Jurassic Coast World Heritage Site. The town has remained a major tourist destination, welcoming many thousands visitors each year.

The Property - A superb block of level arable/pastureland, with access from Gore Lane. The land is divided into two enclosures, with two internal paddocks to aid livestock handling. Mature hedges form the boundaries with a small dew pond in the south eastern corner of the inner field. The eastern boundary of the land adjoins The Woodroffe School’s sports fields. In all 21.59 acres (8.73 ha).

Planning - The land is not allocated for development within the existing adopted East Devon District Council (EDCC) Local Plan. However, it is of particular note that as of October 2023 EDCC’s Strategic Housing Committee has advised that the Council cannot demonstrate a 5-year housing supply in East Devon. An adjacent field has recently had a planning application refused for 120 houses and a new park and ride site for Lyme Regis. The topography of Lyme Regis dictates that development options to the east or north of the town are limited.

Overage Provision - The vendors invite tenders for the land with or without overage/uplift clause being included in the sale contract. If offering with an overage clause, the clause will state ‘if planning permission was to be granted for residential development of the land within the next 25 years, the vendors will be entitled to 25% of the uplift value’. See Legal Pack for full details.

Services - Main water supply to field troughs (meter located in Shire Lane). Electricity crosses the land.

Tenure - Freehold with vacant possession upon completion.

Agricultural Schemes - The land is not entered into any Countryside Stewardship or Sustainable Farming Incentive (SFI) schemes.

Sporting - All rights are owned and included in the sale.

Solicitors - WBW Solicitors, Axminster EX13 5AH
Ref: Sarah Bissett Tel:
Email:

Method Of Sale - Tenders are invited, to be submitted on the attached Formal Tender Form together with the signed Formal Tender Contract and a deposit being 10% of your tender amount prior to 12 noon on Thursday 23rd May 2024. For further details contact the sole agents, Symonds & Sampson LLP, Axminster Office.

Local Authority - East Devon District Council EX14 1EJ
Tel

Directions - Take the A3052 west from Lyme Regis towards Seaton and Sidmouth. At Ware Cross turn right into Gore Lane, signposted Uplyme. The land will be found after a short distance on the right, marked by our sale boards. What3words //
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