Property for saleRosemary Lane, Freshford, BATH
Sold STC £2,950,000
Full descriptionA prime residential development opportunity. Former Mill site extending to approximately 4.77 acres with 21 partly completed residential units.
* Highly desirable location approximately 5 miles south East of Bath * conversion and new build * approx 50% complete * 3 x 2 bed apartments * 5 x 3 bed apartments * 1 x 3 bed duplex * 3 x 2 bed duplexes * 6 x 3 bed houses * 4 x 4 bed houses * 1 x 5 bed house * a unique and exciting development opportunity *
DIRECTIONS: The site is accessed from Rosemary Lane Freshford BA2 7UD.
The sale of Freshford Mill offers a unique opportunity to purchase an exciting prime development site on which a substantial amount of work has already been completed. The development comprises 21 residential units which are aimed towards the upper end of residential property market and are a mixture of the conversion of attractive stone buildings and new builds. This brown field site extends in total to some 1.93 hectares (about 4.77 acres) and we understand a substantial amount of ground work has been undertaken in a form of flood mitigation and remediation.
The development is set in a rural and picturesque location on the River Frome with a number of the units enjoying westerly views over the weir. Freshford is a highly desirable village set in countryside approximately 5 miles south-east of the Georgian city of Bath and 3 miles west of Bradford-on-Avon. This is considered to be much sought after residential location in a designated area of Outstanding Natural Beauty with the advantage of a village Railway Station.
Presently the various units range from near completion to part built and in some cases extensive structural work is still required.
The 21 units are split between existing buildings being converted and five new build properties. The breakdown of the units and their respective floor areas is:
Building Floor Building Beds Type ft2 m2
A1 1st Existing 3 Apartment 1,054 98
A1 2nd Existing 3 Apartment 1,054 98
A1 3rd Existing 3 Apartment 1,054 98
A2 Ground/Loft Existing 3 Duplex 1,794 167
B Ground Existing 2 Apartment 773 72
C Ground/1st New Build 3 House 1,259 117
C Ground/1st New Build 4 House 1,913 178
D Ground/1st New Build 5 House 2,439 227
D Ground/1st New Build 4 House 1,758 163
F Ground New Build 3 Apartment 1,463 136
F Ground New Build 3 Apartment 1,464 136
G Ground/1st New Build 2 Duplex 1,319 123
G Ground/1st New Build 2 Duplex 1,319 123
H Ground/1st/2nd/3rd Existing 3 House 2,091 194
H Ground/1st/2nd/3rd Existing 3 House 1,914 178
H Ground/1st/2nd/3rd Existing 3 House 1,948 181
H Ground/1st/2nd/3rd Existing 3 House 2,036 189
H 1st Existing 2 Apartment 838 78
H Ground Existing 2 Apartment 838 78
H Ground/1st Existing 2 Duplex 830 77
K Ground/1st Existing 3 House 1,590 148
Location and site plans are attached to the hard copy of these particulars.
VIEWINGS: The site is secure and has an active alarm security system. All viewings must be strictly by appointment with the agents.
PLANNING: A search of Bath and North East Somerset Council's Planning website reveals a number of applications relating to the site.
05/02563/FUL Originally permitted change of use together with alterations to provide 21 no residential units, provision of improved access, landscaping, parking and associated demolition (resubmission). This was subject to conditions which have been superceded by subsequent applications, particularly 08/01778/VAR and 09/00772/VAR.
In the agent's opinion there maybe scope to alter the existing planning consent to provide further residential units (subject to planning consents).
METHOD OF SALE: Offers are invited based on a guide price of £2.95 Million. Unconditional offers with full details of the means of funding should be made in writing to be received by the agents by the end of business on Friday 10th May 2013.
DUE DILIGENCE: An information pack will be available in due course. Interested parties should request a copy from the agents. The pack is available on CD only at a cost of £20.
FOR FURTHER INFORMATION: The sale is being handled by Stephen Morris MRICS Tel. 01225 400400. firstname.lastname@example.org & Philip Furze Tel 0117 9161188 . email@example.com.
Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
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