Land for sale in Development Opportunity, Wood End, Atherstone CV9, £1,500,000

1,500,000.00

Offer Nr.:
63532242
Type of ad:
for Sale
Property type:
Land
Contact name:
Chosen Home
Phone(s):
0121 721 1775

* Freehold
* Circa 9 acres (not measured)
* Mentioned in North Warwickshire Bourough Council shlaa report
* Potential for 54 - 100 dwellings (STPP)
* Easy access to M42 & M6 Toll
* Option agreements considered on an individual basis
* Opportunity to retain existing property along with stables & riding school
Why this land is Chosen. . .
This is an exciting opportunity to acquire a parcel of land extending to
approximately 8 acres including a four bedroom detached house, two self
contained studio apartments, stables, paddocks, manege and associated car
parking. Potential for further development opportunity has been identified
through shlaa by North Warwickshire Borough Council.
* Circa 8 acres
* Mentioned in North Warwickshire Bourough Council shlaa report
* Potential for 54 - 100 dwellings (STPP)
* Easy access to M42 & M6 Toll
* Option agreements considered on an individual basis
* Opportunity to retain existing property along with stables & riding school
**Forest Edge, Wood End**
This is an exciting opportunity to acquire a parcel of land extending to
approximately 9 acres (not measured) including a four bedroom detached house,
two self contained studio apartments, stables, paddocks, manege and associated
car parking. There is also planning permission granted for the construction of
a substantial cattery building. The highway access extends to approx 155
meters and consists of 2 large commercial access points and one
residential/commercial access point.
Potential for further development opportunity has been identified through
shlaa (Strategic Housing Land Availability Assessment) by North Warwickshire
Borough Council (pba site reference PB188 nw reference SLA13) for 54 dwellings
although we believe the site has potential to deliver closer to 100 dwellings.
There is also the potential for further development on the existing
residential and commercial buildings (STPP).
Existing and planning approved commercial area equates to approx. 6, 194 sqm
(66, 671 sqft) including equestrian buildings, cattery, access roads and car
parks.
Existing residential building is approx. 233 sqm (2, 508 sqft) including
garaging. Total residential area equates to approx. 1, 320 sqm (14, 208 sqft)
including garden & driveway.
* please note - Our client reserves the right to add an overage clause for any future development. This will apply should the number of the agreed housing units exceed 54 homes during the planning process or at any future date, as per the Terms and Conditions of Sale agreed with both solicitors.
**Location**
Wood End lies approximately 5 miles south east of Tamworth in the borough of
North Warwickshire. Junction 10 of the M42 is approximately 1. 5 miles away
while there is also easy access to the M6 toll. The village is serviced by a
number of bus routes and has a convenience store and a primary school. Not
affected by HS2.
**Planning**
Potential development was identified through shlaa (Strategic Housing Land
Availability Assessment) by North Warwickshire Borough Council (pba site
reference PB188 nw reference SLA13) for 54 dwellings although we believe the
site has potential to deliver closer to 100 dwellings. There is also the
potential for further development on the existing residential and commercial
buildings (STPP). All interested parties must undertake their own due
diligence and satisfy themselves of any potential for development prior to
submitting an offer.
**Purchaser Fee**
This property is subject to a buyers fee of 2% plus VAT of the selling price
which is payable by the purchaser on completion of the sale and is to be a
condition of sale in the contract. It is for the sellers lawyers to collect
this fee with the purchase price on completion. The estate agents costs must
be sent by telegraphic transfer to the sellers solicitors prior to keys being
released. Need to sell? Sell your home for free with Chosen.
**Tenure Freehold**
We understand that this property is Freehold however prospective buyers should
check this with their conveyancers.
**Council Tax Band E**
We understand that this property falls under council tax band E but recommend
that any prospective buyer check online to satisfy themselves.
**Services/Drainage**
We are advised that all mains services are available together with drainage.
Prospective purchasers should make their own enquiries in respect to
availability of drainage, services and cost of connections.

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