Land at Coscombe Tank, Winchcombe, Cheltenham, Gloucestershire, GL54 5AX

Upon Instructions of

  • Freehold covered reservoir site
  • Potential for alternative use
  • 3,767 sq ft (350.00 sq m)
  • Vacant possession

Viewings

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

Details

Location

Miles: Cheltenham 11 miles, Moreton-in-Marsh 10 miles, Chipping Norton 18 miles, Bourton-on-the-Water 9 miles
Roads: B4077, A424, A429, M5 (junction 9)

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 area is approximately 3,767 sq ft (350.00 sq m).

The property is set back to the north of a small lane that runs westwards from B4077, approximately 400 meters west of Pinnock Wood Farm. There is a right of way over the track leading to the site.

The approximate position of the property can be located as follows:
Grid Reference: SP070286
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

Cotswold District Council (01285 623000) www.cotswold.gov.uk

VAT

Refer to the legal documentation

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

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

* Guide price

An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

* Reserve price

The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Administration Fee

The successful purchaser will be required to pay the auctioneers administration fee of £990 inclusive of VAT.

Starting Price £1,000

The auction has not yet started.
Bidding opens on
4th Oct 2017 09:00
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Guide price:
£1,000
Legal Documents
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Agreement Documents

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