Residential development for sale
Features and description
- Tenure: Leasehold
RESIDENTIAL DEVELOPMENT LAND
Outline Planning Permission for up to 4 dwellings
1.21 acres
SITUATION
A rare and unique residential development opportunity in the sought-after North Wiltshire village of Corston situated between the towns of Chippenham and Malmesbury. The village has a well regarded pub, the Radnor Arms which is in walking distance from the site. The nearby town of Malmesbury provides a number of independent shops, Malmesbury Abbey, public houses and a mix of schooling. Communications are excellent with the M4 motorway junction 17 being approximately 3 miles and Chippenham Rail Station being 7.5 miles with London (Paddington) being just over 1 hour travelling distance.
THE PROPERTY
The Property is situated on the edge of the village away from the main road with views of open countryside. It comprises level grass paddock with existing brick and steel portal frame buildings. The property extends in all to about 1.21 acres (0.49 hectare). The property can be accessed off Rodbourne Road along an existing tarmac driveway.
PLANNING CONSENT
Outline planning permission (some matters reserved) was granted on 21st June, 2023 (PL/2022/0128919) by Wiltshire Council for the erection of up to four dwellings, two of which will be affordable housing units.
SECTION 106 AGREEMENT
The buyer will purchase the land subject to a Section 106 Agreement and any bids will need to take into full account the obligations set out within the Agreement. The S.106 Agreement commits the buyer to provide a minimum of 2 affordable houses with a split tenure mix of one affordable rented and one shared ownership.
COMMUNITY INFRASTRUCTURE LEVY
The buyer will be responsible for the Community Infrastructure Levy (CIL) Charge.
SERVICES
Mains water, foul drainage and electric are understood to be located within the adjacent road. Prospective purchasers are required to seek confirmation from the various utility companies that mains services are readily available. The Seller will reserve the right to continue to utilise the existing services to their retained property.
OVERAGE
An Overage will be imposed by the Seller on any uplift in square meterage and on the removal of any of the affordable housing notation. Any overage will be triggered on the implementation of the consent or the sale of the property. The exact terms are to be agreed between the parties.
FENCING
The Buyer will be obligated to plant a native species hedge and erect a closed border fence between points A to B as illustrated on the Sale Plan.
ACCESS RIGHTS
The Seller will reserve a right of way along the existing tarmac road to their retained property for all purposes.
VIEWING
By appointment through the Selling Agents.