FOR SALE Freehold Residential Site with Potential for ... - Property Pilot

Report 0 Downloads 66 Views
FOR SALE Freehold Residential Site with Potential for Further Development (Subject to Planning) Land at Bennetts Road North, COVENTRY CV7 8BG

1 acre (0.40 hectares)  Extensive road frontage  Freehold site on a large plot  Site of existing derelict residential unit

Location

Legal Costs

The site is rectangular shaped extending to approximately 1 acre and is situated on Bennetts Road North, approximately 6km (3.7 miles) to the north of Coventry with easy access to Junction 3 of the M6, which is approximately 3km away.

Each party is to be responsible for their own legal costs.

Description

Access onto the site itself can be arranged through the sole agent:

The site is situated within a row of residential properties which front Bennetts Road North. The existing residential dwelling on the property is now derelict and is situated on the north western boundary of the site. The land is significantly overgrown with vegetation and self planting trees, but the site appears to be generally level. Planning All enquiries should be made to North Warwickshire Borough Council, who can be contacted on 01827 715341 or via their website www.northwarwicks.gov.uk/planning. Services We do not have information in relation to the location of services, but would expect them to either be on the property (having served the existing derelict residential dwelling) or within the road directly adjacent to the site. Interested parties should make their own enquiries of the service providers. Tenure The property is being sold freehold with vacant possession on completion. Clawback There will be a clawback for a period of 25 years from the date of sale in relation to the grant of planning permission for more than one dwelling house on the property. The purchaser will pay 50% of the uplift in value of the site on the grant of residential planning permission. Price Offers are invited on an unconditional basis and should be submitted in writing or by email to the sole agent. VAT All offers are to be submitted exclusive of VAT. We are advised that no VAT will be payable on the purchase price.

Viewing The site can be viewed directly from the Bennetts Road North.

D&P HOLT LIMITED HOLT COURT 16 WARWICK ROW COVENTRY CV1 1EJ TEL: 024 7655 5180 FAX: 024 7622 3434 CONTACT: LUKE HEDDERWICK EMAIL: [email protected]