Development opportunity

DETAILED DESCRIPTION

Description:
This development opportunity comprises of the former farmyard at Red House Farm, Ratcliffe Culey. The site is set in approximately 2.5 acres, comprising of a range of traditional and modern farmyard buildings, complimented by adjoining pastureland. The boundaries of the site are verged red on the plan.

Location:
The former farmyard is located on the fringe of the highly sought-after West Leicestershire village of Ratcliffe Culey. At present, the site benefits from planning consent being given for a replacement farmhouse together with prior approval for conversion of an agricultural building to a residence.
It is believed that there may be potential for further development within the site for further barn conversions or a potential new builds.

What 3 Words Location:
Mural.cope.sharpens

Planning:
Red House Farm has been granted the following consent: -

''Replacement Farmhouse'' (outline all matters reserved) - Application Ref:20/00603/OUT dated 13th August 2020 and Prior Approval for '' a conversion of an agricultural building in C3 larger dwelling house and associated buildings operation'' with prior approval being given on 18th February 2021 - Application Ref: 20/01292/P3CQ.
A copy of the consents is available for inspection at our offices via prior appointment.

All potential purchasers must satisfy themselves as to the planning permission and any amendment (if any) that they may wish to do to the site. They must also be satisfied with any further planning which they may wish to implement.

Remarks and Stipulations:

Tenue & Possession:
The property is being sold freehold and with vacant possession on completion.

Method of Sale:
The property is being offered for sale by Private Treaty.

Services:
Mains water and electricity are both connected to the site. Potential purchasers must satisfy themselves as to the exact location and adequacy of any services or additional services which they may require for the site.

Wayleaves, Easements and Rights of Way:
The property is crossed by a public footpath, otherwise the site is sold subject to and with the benefit of all wayleaves, easements and rights of way, whether mentioned or not.

Removal of Buildings and Hazardous Waste:
The purchaser will be responsible for the clearance of the site and the removal and disposal of any asbestos or other waste which may be present on the property.

Authorities: -
County - Leicestershire County Council - Tel: 0116 232323
District - Hinckley and Bosworth Borough Council - Tel: 01455 238141
Water - Severn Trent Water - Tel: 0800 7834444

Money Laundering Regulations:
Prior to a sale being finalised, prospective purchasers will be required to produce identification documents. Your co-operation with his will be appreciated, as this is in order to comply with Money Laundering Regulations and will assist with the smooth progression of the sale.
Planning Potential:
All potential Purchasers must make their own enquiries and satisfy themselves on any further planning on the site.

Arbitration:
Should any dispute arise between the vendor and the purchaser upon any point whatsoever (not involving a question of law) arising out of the Remarks and Stipulations, Particulars of Plan or as to the interpretation thereof, the matter in dispute shall not annul the sale, but shall be referred to the arbitration of the agents, whose decision shall be final and binding on all parties to the dispute and in every such arbitration the agents shall decide how the cost of such reference shall be borne.

Plans and Particulars:
These are believed to be correct, but their accuracy is not guaranteed, and no claim can be admitted for any errors or discrepancies.

Overage Clause:
An overage clause will be enclosed on the site at the rate of 25% of any increase in value as a result of any residential consents in excess of four dwellings (including the two consents already obtained) or for any commercial consents, for a period of 25 years .For avoidance of doubt, any agricultural or equestrian consents will not trigger the clause .

The Mobile Home:
The mobile home situated on the site, may be available to purchase (subject to satisfactory negotiations).

Further enquiries and viewings:
For further information and an appointment to view, please contact Richard Newey on 0116 2814931.

Price Guide: £500,000

Particulars and photographs dated: May 2022