Our Summary

• Locally based architects have prepared an indicative scheme for a residential conversion suggesting the period barns could provide three 2 bedroom cottages together with a possible replacement dwelling in lieu of demolishing the general purpose barn, in all potentially extending to approximately 5,700 sq ft
• These barns are to be sold without planning but with strong potential for a new owner to secure a planning consent permitting a residential conversion - supported by Pre-Ap advice provided by West Oxfordshire District Council noting that the advice was more positive for residential conversion of the wider barns than for employment or holiday use
• Note: Our vendors previously sold a Cotswold barn located on their property and on which the new owners subsequently secured planning for conversion to a 3 bed dwelling, planning ref: 23/01824/FUL and 23/01825/LBC
• A neighbouring period barn at Home Farm has also recently secured planning for conversion to a single dwelling, planning ref: 23/01363/FUL and 23/01364/LBC
• Please note there is an overage clause imposed by the Church Commissioners which would be triggered once the buildings have a residential planning consent, the payment under which is assessed as being 30% of the difference between the market value of the current barns before and after the planning permission