* Freehold
* Potential for redevelopment (STP)
* Investment income
* 677m2 / 7, 304ft2 of modern buildings and adjoining hard standing yard (0. 57 acres)
* Additional land of 3. 82 acres (1. 54ha) also available
An opportunity to purchase a commercial/equestrian yard (0. 57 acres) with
modern buildings extending to approximately 677m2 / 7, 304ft2 and additional
land of approximately 1. 54 ha (3. 82 acres).
**Buildings & Yard (Edged Red) - Offers In Excess Of £275, 000**
**Additional Land (Edged Blue) - Offers In Excess Of £75, 000**
**Description**
An opportunity to purchase a range of modern buildings (677m2 / 7, 304ft2) set
in a hardstanding yard of approximately 0. 57 acres. The buildings comprise as
follows:
1\. Agricultural/Commercial Unit - (417m2 / 4497ft2)
Steel portal framed former agricultural building with roller shutter door, box
profile sheet cladding and roof, concrete floor, and lean - tos either side. The
unit is being utilised predominantly for arboriculture. The southern lean - to
is in separate use for storage purposes.
2\. Equestrian Building - (260m2 / 2807ft2)
Steel and timber framed building with internal stabling and adjoining store,
with concrete block to lower section and box profile cladding. The building is
currently utilised for stabling in conjunction with the adjoining land to the
east.
The buildings are connected to three phase mains electricity and water,
situated around a hardstanding yard (0. 57 acres).
The property adjoins approximately 3. 82 acres (1. 54ha) of level pastureland,
with mature hedgerow boundaries and stock proof fencing. The land includes an
arena which has been historically utilised in junction with the stabling.
**Situation**
The property is situated on the edge of the River Severn, in the village of
Arlingham, with excellent access to the A38 and Junction 13 of the M5
motorway, providing links to Cheltenham, Gloucester, and Bristol. The village
of Frampton - on - Severn is within 3 miles and provides a village shop, post
office, primary school, and public house.
**Planning**
We understand the buildings are not subject to any formal planning consents
but may have benefited from Class R Permitted Development Rights at the time
of their conversion.
We are advised that the lean - to has been in commercial use for in excess of
ten years.
We are advised that The stable building has been used for equestrian purposes
for in excess of ten years.
**Overage Clause**
The property is subject to an existing Overage Clause to the effect that if
planning consent is granted for the conversion of any building to residential
use, a percentage of the increase in value will be payable to the previous
Vendor.
The sale will also include a new Overage Clause to the effect that if planning
permission is granted for any residential use within 25 years of sale
completion, 35% of any increase in value will be payable to you or your
successor in title’.
**Services**
We understand mains services are connected to the site including water and
three phase electric.
**Local Authority**
Stroud District Council
**Viewing**
Strictly by appointment with the Agents:
David James:
Ref: Mhb/tr

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