Land Adjacent To The Coffee Pot Inn, High Street, Yardley Gobion, Towcester, NN12 7TN

Location

Yardley Gobion is a picturesque village positioned within a short drive of the market town of Towcester, and enjoys close proximity to the Grand Union Canal. The surrounding region benefits from strong transport links via the A5 and A508, with Milton Keynes Central mainline railway station offering regular services to London Euston and Birmingham New Street. The world famous Silverstone race track also lies within a 20 minute drive of the site.

Property Description

Large parcel of land measuring c. 3.7 acres.
The land occupies a prominent position on the High Street, situated adjacent to the Coffee Pot Inn and adjacent to the village hall, with further boundaries to residential properties and open agricultural land. The plot is grassed and enclosed by established hedgerows, currently used as a sports and leisure area.

Tenure Comments

Freehold. The site forms part of the pub's title and will be separated at the point of sale. The demise of the site is shown for guidance purposes on page 1 and outlined in blue.
The sale is subject to a tenancy agreement with the Parish Council held for a 5 year term(Expiring in 2029) on an annual rent of £175 per annum.

Planning and Development

Planning & Development
We have been advised that the site is not located within a flood zone, and the adjoining properties are not listed, nor does the site fall within the conservation area or settlement boundary, although is adjacent to both. All interested parties must rely on their own enquiries to verify this information.
West Northamptonshire Council -
Highways
The land is accessible via the pub car park and on foot via a public footpath off the High Street.
Prospective purchasers should undertake their own investigations to ensure the access arrangements are suitable for any proposed uses.
Overage
A 50% overage clause will be applied to the land for a period of 50 years which would be payable on the granting of planning permission for any non-agricultural use.

Services

It is understood that all the main services are available in the adjacent highways but prospective purchasers should undertake their own investigations with the relevant utility companies to ensure all services are available and adequate for the proposed development.

VAT

VAT is applicable on the sale of the land.