Land for sale

>

Land for sale

Perry Street, Chard, Somerset
£150,000

Our Summary

  • 8 acres having recently lapsed planning for 3 detached dwellings
  • For sale by Public Auction and via Livestream on Thursday 16 May 2024 at 2
  • The residential development ‘twist’ is that planning consent was granted in 2020 under ref 20/01569/OUT for the erection of three dwellings but it went on to lapse
  • In the meantime, the River Axe Phosphates and Nitrates issue has come to the fore as regards residential planning to the extent that an approved drainage system would need to form part of a new application or one could wait for there to be a Local Planning Authority drainage solution available
  • So, there is residential development potential subject to the usual consents but there will currently be particular scrutiny as to the drainage solution, whether a planning application was for one or two dwellings as opposed to the original three
  • Tenure - FreeholdLocal Authority - Somerset Council Agent's Notes - The planning application that expired in August 2023 can be found under Application Reference 20/01569/OUT, on the South Somerset planning section of the Somerset Council website

Description

Perry Street Farm is a substantial building set on approximately 0.8 acres in the village of Axminster, with recent planning lapsed for three detached dwellings. The property boasts an impressive core structure combining a front yard, five stables, and a large open span workshop/storage space, along with a fenced arena. While there is residential development potential, the property is subject to particular scrutiny due to the River Axe Phosphates and Nitrates issue, which may require an approved drainage system as part of any new application. The property is located near several major towns, including Chard, Axminster, and Crewkerne, and benefits from mains water, electricity, and drainage. The property is freehold and the local authority is Somerset Council.
Finance This Property