Online Auction

Land at Oulton Service Reservoir, Old Road, Oulton Heath, Stone, Staffordshire, ST15 8US

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

Upon Instructions of

  • Freehold covered reservoir site
  • Potential for alternative use
  • 0.25 acres (0.10 hectares)
  • Vacant possession

Viewings

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

Details

Location

Miles: Stoke-on-Trent 9 miles, Uttoxeter 14 miles, Stafford 9 miles
Roads: A520, A34, A51, M6 (junctions 14 & 15)
Rail: Stone

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 0.25 acres (0.10 hectares). The property is situated on the east side of Old Road, close to the junction with Wash Dale Lane.

The approximate position of the property can be located as follows:
Grid Reference: SJ907361
www.gridreferencefinder.com

Tenure

Freehold

Planning

The Government has demonstrated through the planning system that it is a 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.

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

Stafford Borough Council (01785 619337) www.staffordbc.gov.uk

Legal Pack

There is a link to the Legal Pack on this page. All buyers are advised to read the legal pack prior to the auction and to seek independent legal advice in relation to this. The legal pack includes information on the rights and reservations affecting the site, as well as any overage and easements that may be applicable.

Bidder Registration

In order to bid you will be required to provide proof of identification, proof of address and source of funds before being authorised to bid.

We will also take a hold on funds from your bank card of £4,000 before you can bid.

Please see our Online Bidding and Registration Guide for further information, but note that as soon as you enter your debit or credit card, the hold on funds will be taken and this amount on your card will be "reserved" for this potential transaction and the amount will be deducted from the balance of your bank account.

We recommend you enter your debit or credit card from 7 days before the auction date, to avoid the £4,000 payment being processed and the funds being "reserved" and held by our Sagepay provider unnecessarily.

Registration for bidding will close at midday on 29 November, after which we cannot guarantee giving you permission to bid at the auction.

Glossary

A Glossary of some common auction terms and an explanation around them to assist you with your purchase can be found here.

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 £67,000

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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