Our Summary

• 06 acres of residential development land with outline planning permission for up to 140 dwellingsLocation - The site is located on the southern edge of Templecombe, approximately 0
• Planning Permission And Development - The site has a resolution to grant Outline Planning Permission subject to the signing of the S106 Agreement (reference 22/03560/OUT) by Somerset Council for up to 140 dwellings (use class C3), public open space, landscape planting and biodiversity enhancements, vehicular access from Bowden Road, community use (flexible use class E, F1 and/or F2), and associated infrastructure, with vehicular access off Bowden Road
• The Data Room will include the following:-Complete suite of technical reports and surveys-Planning application submission including approved plans-Ground investigation report-Title and Land Registry details-Utilities information-Bidding templateAn agreed list of reports and surveys will be assigned to the purchaser on legal completion and a Letter of Reliance provided from external consultants
• Overage And Special Conditions - •Prospective purchasers to include overage/value uplift provision as part of their offer•Access track is to be installed through the site to provide access to retained land to south•A mains water pipe is to be installed to the boundary of the retained land to the southLegal Costs - The purchaser will be expected to give a legal cost undertaking of up to £20,000 in the event they withdraw from the transaction following agreement of the Heads of Terms and issuing of draft documentation
• Residential development land with outline planning permission for up to 140 dwellings