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Residential Development for sale

Castle Street, Stogursey

Withdrawn from Market £400,000

Property Description

Key features

  • 12 New Dwellings
  • Additional 3.20 Acres of Land
  • Village Location
  • Informal Tender

Full description

A development site for 12 new dwellings located at Castle Street in the attractive West Somerset village of Stogursey. The approved development has been designed to blend in and compliment the existing village properties. Included with the development site is an adjacent field of over three acres with some existing farm buildings and a walled garden area to the front adjoining Castle Street.The land outside the currently approved development site may offer future potential for further development, subject to obtaining any necessary consents.

The site may be viewed on foot at any reasonable time. The selling agents will be pleased to meet any interested party on site, if required, at any reasonable time.

The property offered is freehold and sold with vacant possession at completion.

Guide Price
The property is offered for sale with a guide price of £400,000. This should not be considered as a definitive figure and is issued for guidance only. The vendor reserves the right to vary or amend the guide price at any time.

The property is to be sold subject to an overage clause for a period of 21 years from the completion date. The overage of 40% will apply in the event that more than 12 dwellings are constructed on the currently approved development site and in the event that any development is granted on the land sold which is currently outside of the approved development area.

PermissionPlanning permission has been granted (Application No 3/32/14/004) by West Somerset Council dated 6th July 2016 for "Demolition of existing bungalow and redundant agricultural building and construction of 12 new dwellings, associated parking & turning and improvements to existing vehicular entrance" A copy of the certificate is attached for information.

Section 106 Agreement
The site is sold subject to the terms of a Section 106 Agreement a copy of which is attached for information.

Bungalow & Buildings
The property is sold to include the existing bungalow and farm buildings situated on the development site, together with farm buildings on the remaining land sold. The bungalow and buildings are sold in their existing state and condition.

The plans provided with these sale particulars are for information only, they include property location plan with boundaries of property offered outlined in red thereon, plus reduced scale design plans and drawings to illustrate site layout feasibility and potential street scene.Copies of the scale drawings submitted with the planning application are available for inspection, by prior appointment, at the offices of the selling agents.

Further Information
For all further information contact Tamlyn & Son, telephone 01278 458241.

Disclaimer Clause
These particulars are provided for information only and although every care is taken, their accuracy is not guaranteed and shall not be deemed to form part of any contract.The aerial photographs provided are to assist in site identification but boundary positions shown thereon are not definitive.

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