An exciting opportunity to purchase a canalside site with planning permission for 14 residential homes (including 5 social housing properties). Access to an on-line sales pack containing further documents, plans and information can be provided for seriously interested parties on application to Allan Morris Land & New Homes 01527 874646 or firstname.lastname@example.org
A rare opportunity to purchase a residential development site within a sought after rural village between Bromsgrove and Droitwich Spa and having easy access to junction 5 of the M5 motorway. The site amounts to approximately 0.5 Hectare or approximately 1.25 acres and borders the Worcester & Birmingham Canal on the northern boundary.
Stoke Prior is a desirable rural village with decent amenities, including a first school, doctors surgery, post office and shops all within 0.75 mile of the site; and there is a sports ground and social club on the opposite site of Weston Hall Road.
Outine planning permission for 14 residential houses with a total GIA of 1,440.6sqm or 15,507sqft (including 5 social housing units of 419.6sqm or 4,517sqft) was granted by Bromsgrove District Council on 14th December, 2018 under reference: 18/00119/OUT.
The development is subject to a section 106 agreement which sets out index linked contribution payments totalling £63,704.72, based on the current planning permission, that have to be paid on completion of the first house. The payments are made up as follows:
Education Contribution of £1,769 per 2 and 3 bedroom open market property and £2,654 per 4 bedroom or larger open market property, which under current planning permission would give a total of £22,991; Off-site Play Areas Contribution of £40,000; and Waste Recycling Facilities Contribution of £50.98 per dwelling, totalling £713.72
METHOD OF SALE
We are instructed to seek unconditional offers for the Freehold interest in the site and are informed that the sale is not subject to VAT.
Enquires and offers should be made to the agent's Land and New Homes Department at 18 High Street, Bromsgrove, Worcestershire, B61 8HQ.
Tel: 01527 874646; e-mail: email@example.com or firstname.lastname@example.org
SALES INFORMATION PACK
Access to an on-line sales pack containing the full section 106 agreement, planning decision notice, drawings, ground investigation reports and other relevant documents is available on request from Allan Morris Land & New Homes on 01527 874646 or by e-mail at email@example.com or Bromsgrove@allan-morris.co.uk
Mains electric, mains gas, mains water and mains sewage are all available to the site. Interested parties should make their enquiries to the relevant services suppliers for costing, availability and timescale quotes.