Land for saleBath Road, Sturminster Newton
Sold by Us
Development opportunity available for sale subject to planning for 12 x flats (Potential for a further 2 x flats in the roof). Valuation based on non-submitted plans.
Estimated flat sizes of between 548 sq ft (50.91 sq mt) - 700 sq ft (65.03 sq mt). The flats would have an approximate value of between £124 - £137,000.00. The suggested proposed building would be three stories high and have underground parking (sloping site, not a big dig out) for 9 x cars and surface parking for a further 4 x cars. Communal garden. The Gdv for the finished units based on the proposed plans provided is approximately £1,569,000.00. The site is majority clear. Site area approximately 0.056 Hectares. North Dorset Planning. I am advised that no CIL payment has been introduced by North Dorset District Council at this time. No Planning application number available. Any council contributions to be paid by the purchaser. No known covenants. The site is situated in a mixed residential/commercial location and only a short stroll to public transport and shops. Upper flats will have far reaching views. For further details, please contact Andrew Hooper on 01202 779911. More development land and investments available on our web site: www.churchfield.uk.com
Please note: Development or Investment site (s), bought through Churchfield the purchaser is required to retain us at the rate of 1.8% (minimum fee of £2,400) including Vat at the prevailing rate. For any Land, Development or Investments acquired, Churchfield must be instructed to re-sell the finished units at 1.8% including vat or re-let at 9.6% including vat (fully managed) the acquired property or the developed properties on a sole agency basis within three years of completion. If Churchfield are not instructed and the acquisition is sold or Let by the purchaser/s within this period, an additional fee of 1.8% including vat (minimum fee £2,400 including vat) of the original purchase price will be chargeable to the purchaser in addition to any other costs or charges agreed. Once the three-year period after completion of the purchase has expired, the purchaser is free to offer the acquisition to any third party with Churchfield having no financial interest.
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