Lot 1 - Redundant reservoir & building, Bog Lane, Melbourne, Derby, Derbyshire, DE73 8HU

Upon Instructions of

  • Freehold covered reservoir site
  • Potential for alternative use
  • 0.48 acres (0.19 hectares)
  • Let to Broadstone Farm (Ticknall) Limited on a license producing £1,200 per annum

Viewings

Saturday 6th February between 11.00 & 1.00pm. Access at any other time onto this site is forbidden.

Details

Location

Melbourne is an attractive Georgian market town with a wealth of historic buildings. Melbourne is well located 8 miles to the south of Derby, 10 miles east of Burton-upon-Trent and 8 miles to the north of Ashby de La Zouch. Road communications are excellent with the M1 motorway (Junction 24) about 5 miles to the east and the A6, A42 and A50 all close by.

The property is situated on the south side of Bog Lane that runs south-eastwards from The Common in a mainly rural area adjoining residential.

Description

The property comprises a redundant single storey building of brick construction and adjoining earth covered, above ground redundant reservoir constructed of reinforced concrete that would offer strong potential for innovative conversion to alternative uses, including ‘Grand Design’ style conversion to residential or holiday accommodation use.

The site is not located in Green Belt or an Area of Outstanding Beauty, nor is it affected by a statutory nature conservation or heritage designation. The site area is approximately 0.48 acres (0.19 hectares).

Tenure

Freehold.

Planning

The Government has demonstrated through recent changes to the planning system that it is an enthusiastic supporter of the custom and self-build sector. There is now recognition within national planning guidance of the growing demand from the self-build sector for improved access to opportunities to undertake self-build projects, which will include conversion of existing buildings and structures, often exhibiting innovative and ground-breaking design solutions.

Over recent years a growing number of examples from across the UK of high quality conversions have captured the public imagination and inspired more and more people to become involved in realising their own ‘Grand Design’ ambitions. One-off, bespoke solutions are now increasingly gaining planning consent, even in areas often constrained by planning policy. Through the Self-Build and Custom Housebuilding Act 2015 the Government recognises that custom build can be an affordable way to home ownership that provides an opportunity to own a bespoke, sustainably designed and high quality home.

National planning guidance encourages outstanding and innovative design and cautions local planning authorities against stifling innovation, originality and initiative. National and local planning policies also provide support for sympathetic, sustainable rural tourism enterprises as well as general support for the sustainable growth and expansion of all types of business and enterprise in rural areas, including through the conversion of existing buildings.

Interested parties should read the legal pack for further information relating to easements and overages, for example, that may be applicable to the site.

An example of a recent former Severn Trent reservoir which has gained planning consent for conversion can be found here.

Tenancy

The property is currently let on a license expiring on 26/5/2016 to Broadstone Farm (Ticknall) Limited at a rent of £1,200 per annum.

Planning Authority

South Derbyshire District Council (01283 228706) www.south-derbys.gov.uk.

Energy Performance Certificate

No EPC required.


Contact

Seller's solicitor

Eversheds Sutherland (International) LLP Claire How
0121 232 1284
clairehow@eversheds-sutherland.com

Joint auctioneers

Capita (Cameron Benge)
020 7544 2120
cameron.benge@capita.co.uk

*Reserve not to exceed

The reserve is the minimum amount the Seller will currently accept. This figure does not represent a valuation nor does it reflect the likely sale price. It is subject to change, upwards or downwards.

Administration Fee

The successful purchaser will be required to pay the auctioneers administration fee of £990 inclusive of VAT. Other additional costs/fees may apply - Click here.

Sold for £221,500

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Reserve not to exceed:
£25,000
Related Documents

Agreement Documents

The successful purchaser will be required to pay the auctioneers administration fee of £990 inclusive of VAT. Other additional costs/fees may apply - Click here.