Online Auction

Land at Ruardean Hill Reservoir, Highview Road, Ruardean Hill, Drybrook, Gloucestershire, GL17 9AR

  • Unconditional Online Auction Sale
  • Reserve not to exceed : £20,000

Upon Instructions of

  • Freehold covered reservoir site
  • Potential for alternative use
  • 0.53 acres (0.214 hectares)
  • Vacant possession

Addendum

There has been significant interest in this site. For the avoidance of doubt the guide price is an indication of the reserve price, this is the seller's minimum expectation. This is not a valuation nor is it an indication of the sale price. Please scroll down within the online section of this website and you will be able to review similar past sales and their results.

Viewings

The reservoir tank is disconnected and has been locked closed. It will not be made available for inspection.

Details

Location

Miles: Gloucester 16 miles, Ross-on-Wye 7 miles, Cinderford 2.5 miles
Roads: Morse Road, A4136, A48, A40

Description

The property comprises an 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 0.53 acres (0.214 hectares). The property is situated on the east side of Highview Road, close to the junction with Baptist Road.

The approximate position of the property can be located as follows:
Grid Reference: SO635169
www.gridreferencefinder.com

Tenure

Freehold

Planning

The Government has demonstrated through the planning system that it is an keen supporter of the custom and self-build sector. There is 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. The recent Housing White Paper, signals the government’s continued support for custom and self-build housing and the role it can play in helping deliver housing that people want.

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, and more recently the Housing White Paper, 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.

Examples of other former Severn Trent DSR’s which have gained planning consent for conversion can be found here at http://stwreservoirs.co.uk/case-studies

Planning Authority

Forest of Dean District Council (01594 810000) wwwfdean.gov.uk

VAT

Refer to the legal documentation

Energy Performance Certificate

No EPC required


Contact

Seller's solicitor

Eversheds Sutherland Claire How
0121 232 1284
clairehow@eversheds-sutherland.com

Joint auctioneers

Carter Jonas Andrew Smith
020 7518 3242
andrew.smith@carterjonas.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.

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Sold for £85,000

This auction lot is now closed.

Auction Ended

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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.


Related Documents

Agreement Documents


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