Land for saleBrandy Row, Portland
Sold by Us
Development opportunity available with planning granted on appeal. Sea front location. Majority new build site, including 9 x three storey 3 x bedroom town houses: Unit 1 Detached, 1 bed (Possible 2 x bed), (Conversion/refurbishment), 1Bath, 784 sq ft (72.84 sq mt). Unit 2 End Terrace - Unit 3 - 9 Mid Terrace, 3 x Bed, 2 x Bath, 880 sq ft (81.75 sq mt). Unit 10 End Terrace, 3 x Bed, 1 x Bath, 900 sq ft (83.61 sq mt). Total 8,724 sq ft (810.49 sq mt).
Access to parking area gained via private driveway off Brandy Row. Portland Borough Council. The council contributions are: Affordable £69,264.00 and Open Space £20,000.00 to be paid by the purchaser along with any other associated costs. The site has a selection of old one and two story buildings on it that will require demolishing before this site can be developed. Each property will come with a parking space (13 spaces in total). Gardens to the rear of each new house. Site size 0.14 hectare. The GDV for the new house and the refurbished property is approximate £2,385,000.00. Bradly Row is directly adjacent to Chesil Beach. More documentation available on request. For further details, please contact Andrew Hooper on 01202 779911. More development land and investments available on our web site: www.churchfield.uk.com
We confirm that we have instructed Churchfield to act on our behalf in the acquisition of the above Land, Development or Investment site (s), at an agreed fee of 2.5% +vat (minimum fee of £2,000 + vat). For any Land, Development or Investments acquired, Churchfield must be instructed as sole agents to re-sell either, the existing or finished units at 1.5% + vat or re-let at 8% + vat (fully managed). Churchfield to be instructed to market the acquired property/s or the developed properties on a sole agency basis within three years of completion. We agree that if the existing acquisition/s is/are sold or let by the purchaser/s or other/s during the three year period, an additional fee of 2.5% + vat (Minimum fee £3,000.00 + vat) in addition to any other costs or charges agreed will be payable to Churchfield. For Developed/Completed projects sold let by the purchaser/s or other/s within the three year period Churchfield will receive commission of 2.5% + vat (minimum fee of £3,000 + vat) calculated on the achieved GDV of the completed unit/s 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. VAT to be charged at the prevailing rate.
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