Development Site With Full Planning, Broadway, Chilcompton, BA3

Description - We are delighted to be able to offer this residential development opportunity in the village of Chilcompton. The site currently comprises of a large house with swimming pool building to the rear, Stable block, paddock and training school. Part of the site has achieved full planning for a scheme for seven detached houses this area will be situated over the main access point, house, swimming pool area and some of the stable block.

An additional application has been submitted for a further six dwellings which will be over the Paddock, Training School and the remainder of the stables. This application is still ongoing.

Generally, the whole site has a slope from the paddock back down to the road. The property is vacant, but the stable block is still in use.

Agents Note - The property is being sold on behalf of Joint Fixed Charge Receivers. Therefore, historic information regarding the sites management and ownership is limited. All information regarding the planning applications is downloadable via the planning portal. The whole site equates to 2.45 acres (0.98 Hectares).

In addition, there is a 0.5 metre ransom strip surrounding the whole site (Title WS58807) which is included in the sale.

Location - Chilcompton Village offers an excellent range of amenities and boasts a thriving community. The village has a post office, doctors' surgery, shop, garage, farm shop with café, churches, recreation ground together with the Redan Inn, which in recent years has won several awards.

Chilcompton is set within the picturesque Mendip Hills, renowned for its beautiful countryside and is within easy commuting distance of Wells, Bath and Bristol.

Chilcompton has a primary school which currently has an 'outstanding' Ofsted rating. Downside School is situated in the nearby village of Stratton-on-the-Fosse and Wells Cathedral School and Millfield School are also close by. Nearby State schools include Norton Hill School in Midsomer Norton and The Blue School in Wells.

Viewings - Strictly by prior appointment with Cooper and Tanner. Tel. 01373 455060. Please note this is a former working yard and suitable precautions and care should be taken during viewings.

Planning - Full planning with conditions was approved for the first phase of seven dwellings on 5 April 2019. Condition 1 (time limit) on permission 2018/3008/FUL has been complied with, therefore locking in the planning consent. The second phase (proposed 6 units) is still awaiting a decision. Interested parties must satisfy their own planning investigations.

Plot Details for phase one with full planning

UNIT Beds Approx sq ft

Plot 1 3 bedrooms 1119 sqft

Plot 2 4 bedrooms 1593 sqft

Plot 3 5 bedrooms 1636 sqft

Plot 4 3 bedrooms 1119 sqft

Plot 5 3 bedrooms 1119 sqft

Plot 6 3 bedrooms 1109 sqft

Plot 7 4 bedrooms 1862 sqft

Total sq ft 9,557

Cooper and Tanner Midsomer Norton residential branch office (01767 411010) will be well placed to comment upon the local market and provide guidance on potential completed development sales prices. Interested parties must undertake their own investigations and satisfy themselves in respect of potential scheme end values.

Method of Sale - The property is being sold on behalf of Joint Fixed Charge Receivers on a private treaty basis, subject to contract. Please note that the Receivers reserve the right not to accept the highest, or indeed any offer.

Tenure - Freehold. Vacant possession upon completion.

Services – prospective purchasers must satisfy themselves as to the location and capacity of any services

Development-property