For Sale 0 Bedroom 0 Bathroom 0 Reception Guide Price £1,000,000

Upton Snodsbury, WR7 - Guide Price £1,000,000

Rare opportunity to acquire valuable parcel of land with agricultural buildings and residential development potential

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Situation
 The land fronts the northern side of the A422 close to the village centre of Upton Snodsbury which is a village located five miles east of Worcester on the A422 (Stratford Road) and is described as the Jewel of Worcestershire. The village retains core services including a Post Office/stores and a public house The Oak with adjoining coffee shop and a First School (Upton Snodsbury Church Of England First School)

  
Description
 The site is regular in plan and extends to c.2.56 ha (6.3 acres). The eastern part is previously described as a range of modern farm buildings. Three of which remain with others having been recently cleared by the current owners. This part of the site benefits from access over an unmade track. The remainder of the site is undeveloped and has a long frontage to the A422. To the west lies residential development fronting the main road, whilst the village centre lies directly opposite. The land is to pasture and ring fenced

  
Services
 It is believed that all mains services are situated in the adjacent highway. Applicants are advised to make their own enquiries of services to the relevant utility companies

  
Tenure
 Freehold with vacant possession on completion.

  
Overage/Uplift Provision
 The sale is subject to an uplift/overage provision. The basis of which is an overage/uplift payment will apply should planning consent or permiitted development for a change of use be secured on the land /buildings for 30 years post completion. The payment being calculated on the basis of 40% of the uplift in value between the purchase price or Market Value for the existing use (whichever is the higher) and the Market Value of the property with the benefit of the planning consent/permitted development acheived. This will aply incrementally to successive planning consents/permitted development

  
Timber, Sporting & Mineral Rights
 So far as they are owned, these are included in the sale

  
Fencing
 The purchaser will be responsible for the fencing of the boundary marked A-B and C-D (1.5m from existing hedgerow) with a post and wire stock proof fence (or similar) within 3 months of completion and thereafter, to maintain the same. NB. The temporary Herras fencing in proximity of the buildings is not included in the sale and will be removed prior to completion

  
Easements, Wayleaves & Rights of Way
 Applicants are advised to clarify matters relating to easements, wayleaves and rights of way (both public and private). NB. The property benefits from vehicular rights of way to the east on the unmade track for the purpose of the existing use. These rights are undocumented but the owners can provide a Statutory Declaration regarding use of the track by themselves/their tenants, if required

  
Planning
 Part of the site has been identified in the SWDP as having residential development potential Ref: SWDP New 40. The disposal allocation extends to 1ha with an indicative housing figure of 18. The CFS/Planning Reference for the site is CF50401sc. Extract from SWDP showing the proposed allocation is attached. The current owners had previously demoshed five agricultural buildings under Planning Ref: 23/000053 DEM within the consent. There are conditions relating to bat boxes and hedging attached to this consent

  
Other Matters
 The current owners have treated an incident of Japanese Knotweed on site close to the agrcultural buildings. The guarantee associated with this treatment will pass on sale

  
Method of Sale
 The land is for sale by Informal Tender with a closing date. Details of the Tender requirements are clearly outlined in the Tender Form that can be requested from Franklin Gallimore

  
Viewings
 By arrangement with Franklin Gallimore 01584 810 436 office@franklingallimore.co.uk

  
Directions
 From junction 6 of the M5 head south on Pershore Lane. Take the first left on the third roundabout onto the A422. Proceed through Broughton Hackett and after a further 1 mile arrive at Upton Snodsbury. The site is on the left, opposite the turn into the village signed Pinvin/Pershore B4082

  
What 3 Words
 agree hips handover

  
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Letting fees no longer apply

 Deposits are limited to 5 weeks rent and this amount will apply.Holding deposits of one weeks rent are requested and they will be returned if references fail.Should references be passed and the tenant withdraw through their own choice the holding deposit will not be returned.

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.