Land SSTC

Potential Residential Conversion - Water End Farm, Wrestlingworth, SG19

OIEO - £500,000
 
 
 
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  • Description

    Site of c0.45 acres available on a subject to planning basis.

    Summary
    Potential development site of c0.45 acres comprising former barns at Water End Farm, Water End, Wrestlingworth, Bedfordshire. The barns extend to more than c6,000 sq. ft. in total and are numbered 1 to 5 on the attached Promap. The extent of the land for sale is shown edged red hatched green on the enclosed Promap.
    The purchaser will be granted rights of way over and services under the land hatched blue on the enclosed Promap.

    Location
    Water End Farm is located to the south of the village of Wrestlingworth, six miles from Biggleswade with its main line railway station which has frequent trains to London Kings Cross taking approximately 45 minutes. Biggleswade also provides access to the A1 and trunk road network. Gamlingay is also only 17 miles by road from the centre of Cambridge.

    Planning
    The barns are available on a subject to planning basis. It should be noted that although the last use of some of the barns was agricultural they haven?t been used as such or been part of an agricultural holding for some time therefore the Permitted Development route for the conversion of agricultural barns to residential is not available.

    Development
    In our opinion the five barns should be suitable for conversion to residential accommodation, potentially into five units (excluding garages) as follows: -
    Barn 1 - 2 Bed, 1 Bath @ c750 sq. ft.
    Barn 2 - 2 Bed, 2 Bath @ c1,000 sq. ft.
    Barn 3 - 3 Bed, 2 Bath @ c1,150 sq. ft.
    Barn 4 - 3 Bed, 2 Bath @ c1,250 sq. ft.
    Barn 5 ? 3 Bed, 2 Bath @ c950 sq. ft.

    Services
    The adjacent properties are connected to mains foul drainage with surface water discharging to local ditches. All utility services except gas are available to the site but prospective purchasers must satisfy themselves with respect to availability and cost of connections.

    Purchasers Obligations
    The purchaser will remove from the barn retained by the vendors all openings currently existing in the elevation marked A ? B on the attached plan, after forming new openings in the opposite elevation as agreed on site with the vendors.
    The purchaser will erect a fence between points D-E-F-G to match the existing fence between C-D on the attached site plan prior to any works starting on site.
    The existing gates at point H on the attached site plan will be removed by the purchaser prior to any works starting on site and will be retained by the vendor.

    Tenure
    The land/property is available freehold.

    Terms
    Guide price: Offers are invited in excess of �500,000 subject to planning and contract for the freehold.

    Conditions of sale:
    i) The purchaser is to exchange conditional contracts within 20 working days from the date their solicitors receive draft contract documentation.
    ii) The purchaser will provide an undertaking to pay the vendors reasonable legal fees if the transaction doesn?t proceed.
    iii) The purchaser is to submit a planning application within two months of exchange of contracts.
    iv) Legal completion is to take place within 20 working days of receipt of a planning approval.
    v) Compass are to be retained as sole selling agents for the resultant units at fees to be agreed

    Contact Compass Land and Development on 01234 351577.

    Compass Land & Development for themselves, and for the vendors of the land, whose agents they are, give notice that; (A) These particulars are produced in good faith, but are set out as a general guide only and do not constitute any part of a contract; (B) No person in the employment of Compass Land and Development has any authority to make or give any representation or warranty what so ever to the land April 2018. These details are presented subject to Contract and without prejudice.

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The staff at Compass have in excess of 100 years combined experience in Residential Property sales in Bedford and surrounding areas. They also have extensive experience in land & development, lettings and can offer financial advice via an independent financial and mortgage services company.

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