A Plot of Land Measuring Approximately 3,354 sq m (36,108 sq ft). Offered with Planning Permission for the Erection of Three Detached Blocks Arranged to Provide Seventy Two Self-Contained Flats (37 x One Bedroom, 21 x Two Bedroom, 14 x Studios).

The lot comprises a plot of land measuring approximately 3,354 sq m (36,108 sq ft).

Tenure

Freehold

Location

The site benefits from dual access from The Broadway and from Strawberry Hill road which could potentially be used for construction vehicles. The site is in close proximity to the local shops and amenities and the open spaces of Northcroft Park are within easy reach. Transport links are provided by Newbury rail station.

Planning

West Berkshire Borough Council granted the following planning permission (ref: 17/01999/RESMAJ) on 22nd November 2017: 'Approval of reserved matters following outline permission 14/00146/OUTMAJ - Outline Application: Development of 72 Flats. Matters seeking consent: Landscaping'. The vendor has advised that works have commenced. The following planning application has been submitted to West Berkshire Council (ref: 23/00363/MDOPO) on 14th February 2023: 'Modification of Planning Obligation on approved application 14/00146/OUTMAJ - Outline Application: Development of 72 Flats. Matters to be considered: Access, Appearance, Layout and Scale'. A decision for this application is pending. The Section 106 Agreement dated 12th November 2014 is being varied. Please see the travelling deed of variation to the Section 106 Agreement which is available within the legal pack.

The site area depicted within the plan in the auction particulars is for indicative purposes only. Additionally, any measurements stated may not be exact. Buyers should rely on their own enquiries with regard to precise measurements, any consents or rights over the land and any possible development potential or alternative uses for this site. Some or all of the plot may comprise adopted highway land.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.