Olivers Garage Development, Main Road, Long Hanborough, Witney, Oxfordshire

£2,000,000

Guide price

Olivers Garage, an exciting development opportunity, is currently of mixed use comprising three residential dwellings to the rear and a number of long-standing motor industry trades to the front. The filling station is no longer active, but the underground tanks remain in situ.

Detailed Planning Permission has been granted subject to a section 106 agreement, for the erection of 25 residential dwellings on this site of around 2.15 acres which includes 4 affordable apartments. The current landowners are to retain three plots (plots 9, 10 and 15) that are to be built by the purchaser under build contracts for £300,000 per plot with payments to be made in stages.

The detailed specification for the retained plots is available in the information pack. In addition, one landowner requires rights for an adjoining cottage to park two vehicles in visitors' spaces on the site. The comprehensive set of reports will be assigned to the purchaser upon completion and copyright of the plans will be assigned for use specifically on this site.

The property was promoted by Rectory Homes, who will receive a share of the proceeds upon completion of the sale.

PLEASE CONTACT THE AGENT for access to the information pack.

METHOD OF SALE

Unconditional offers are invited for the freehold interest by 17:00hrs on Friday 25th September 2020.

Offers should be in writing (email is acceptable) to the agent directly.

Please state any conditions attached to the offer and the proposed timeframe for exchange of contracts, completion, commencement of the development and the anticipated build programme.

TENURE

Freehold with vacant possession on completion.

INFORMATION PACK

The information pack is available from the agent. The pack contains all of the reports commissioned by Rectory Homes throughout the planning application process, details of the approved house layouts, elevations and floor plans, the agent's forecasted sale prices, abnormal development investigations and quotes where available, land owners retained housing specifications, agreed build costs for these three homes, services quotations, s106 document as well as other supporting documents.

This really is a ready to go development.

VIEWINGS

As the three residential buildings are still occupied and the businesses are still trading, please make an appointment to view with the agent.

Kerbside inspections are welcome at all reasonable times.

LOCAL AUTHORITY

West Oxfordshire District Council Elmfield, New Yatt Road

Witney, Oxfordshire

OX28 1PB

Switchboard 01993 861000

Arrange viewing 01993 357073

Breckon & Breckon - Witney

21 Corn Street, Witney, Oxford

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