RESIDENTIAL DEVELOPMENT SITE, South Molton, Devon, EX36

THE SITE - EX36 4ER

This prime green field residential development site extends to approximately 7.31 hectares (18.07 acres) and is located on the southwestern edge of South Molton. The site benefits from outline planning permission (Ref. 75194) for up to 170 dwellings (14% affordable) with associated public open space, landscaping & infrastructure (all matters reserved except access). The site is formed by three fields that gently slope from the south east to the north west and are primarily comprised of arable farmland.

The site is conveniently situated just 1.5 miles to the north of the A361 North Devon Link Road, with Barnstaple circa 12 miles to the northwest and Tiverton circa 19 miles to the southeast (with a mainline railway station & the M5 junction circa 28 miles).

SOUTH MOLTON

The site is well served by community facilities being adjacent to the South Molton C of E Primary School and within 0.3km of South Molton Community College. South Molton Football Club and Furzebray Carp Lakes, both less than 0.1km away, provide opportunities for recreation and leisure. Within the town are additional facilities such as the Swimming Pool, Bowling Club, and Tennis Courts. Being less than 1km from the town centre, the site is also within walking distance of many other local facilities and services. It is also located in close proximity to the Horsepond Meadow trading estate and the Pathfields Business Park is c. 1.5km north of the site. Four bus stops are available within 0.25km of the site providing transport links to South Molton town centre and other towns such as Barnstaple and Chumleigh.

PLANNING

North Devon Council granted outline planning permission (Ref.75194) for "Residential development including access with some matters reserved (appearance, landscaping,
layout & scale) on land at Furzebray Farm, George Nympton Road, South Molton on 24th April 2024".

TECHNICAL INFORMATION

The planning permission and associated S106 legal agreement includes a requirement for 14% affordable housing on the site, with the only financial contribution being a sum of £862.07 per open market dwelling towards recreation. Further details are available within the planning pack. An extensive planning and technical pack is available from KLP electronically upon request.

METHOD OF SALE

The land is offered for sale by informal tender with a closing date of midday on Friday 5th July 2024, with tenders to be returned to the Agents marked "Informal tender - South Molton". The vendors reserve the right not to accept the highest or any tender and the sale of the land will be subject to VAT.

VIEWING

Interested parties may view the land at their own convenience, however, as the land is actively farmed, please contact the sole agents KLP to confirm your intention to view and access arrangements.

AGENTS NOTE

Parties should note that the land offered for sale (c. 18.07 acres) excludes approximately 2 acres of the total approved site area where four dwellings are proposed to be constructed - the land is shown outlined in blue on the location plan and indicative layout images above - this land is intended to be retained. Please contact the Agents for further information in this regard.