About this property

Detailed Description

FOR SALE BY INFORMAL TENDER - OFFERS TO BE SUBMITTED BY 12 NOON FRIDAY 25TH NOVEMBER 2022

Land with planning permission for 4 dwellings with approval of reserved matters.

The development site extends to approximately 0.29 hectares (0.73 acres) and is shown on the attached Sale Plan.

TOWN AND COUNTRY PLANNING
The site received Outline Planning Permission from St Edmundsbury Borough Council (now West Suffolk) on 19th July 2017 ref DC/17/0029/OUT.

Further to this, approval was given for a reserved matters application on the 4th January 2021 ref DC/20/1355/RM. A copy of the Planning Permission along with the plans and Consultants Reports can be viewed on the Council's website link:

https://planning.westsuffolk.gov.uk/online-applications/ simpleSearchResults.do?action=firstPage

Please note the planning requirement to provide a pedestrian/cycle path from the site through the vendors retained land to the public road.

METHOD OF SALE
The property is for sale by Informal Tender and offers should be submitted, preferably by email, to robert.fairey@brown-co.com by 12 noon on Friday 25th November 2022. Emails should be clearly headed 'Fornham Offer'. Unconditional offers should be made in pounds sterling and no reference should be made to other offers. The offers should contain the following: -

1. Details of the Purchaser and their Solicitor.

2. A letter of confirmation from a Bank or Financial Advisor confirming that Funds are available to exchange contracts in the required timescale.

3. Confirmation that any Board approval has been given where necessary.

4. The Vendors reserve the right not to accept the highest offer or any other offer received.

Location

The development is located in the popular village of Fornham All Saints approximately 2 miles from the market town of Bury St Edmunds.

The site is accessed off the Hengrave Road through the vendors existing Business Park. The vendors also own and are retaining the residential dwelling adjoining the site to the west known as Little Moseleys. The purchasers will contribute to the cost of maintenance of the access road on a user basis.

Business Rates

The property may benefit from Small Business Rates Relief which may reduce the rates payable. Please contact the agents for more information.

Services

Prospective purchasers are advised to make their own enquiries with the relevant service providers.

More information on the services and drainage strategy is available in the planning application documents.

Viewing

Strictly by appointment with Brown & Co. Please contact Robert Fairey. Tel 07768 465741, Email: robert.fairey@brown-co.com

VAT

The vendors reserve the right to opt to tax the land being sold meaning that VAT will then be charged on the sale price.