Village Road, Bedford

Description

Summary

- Potential development site for residential development (2 detached dwellings).

- A rare opportunity in a sought-after village location.

- Available on a unconditional basis, with 25% uplift payment required following receipt of a planning consent.

- The gross site area (including access) extends to c.0.417acre (gross)/c.0.357 (net developable) as shown edged in red on the Promap attached, final boundaries to be agreed.

Location

Bromham is a highly desirable North Bedfordshire village situated in a rural location and is ideal for country walks, cycle paths & bridleways. The village has two Lower schools, Co-Op supermarket, post office/general store for day-to-day needs, a petrol station and two public houses. The site is located on the eastern edge of Bromham village with convenient access to the A428 Bedford to Milton Keynes. Bedford town centre is approximately 3.5 miles to the east with a fast direct train service to London St. Pancras and Milton Keynes Central is approximately 14.5 miles to the west. Planning A planning application reference 22/00921/FUL dated 18th April 2022, was submitted for the erection of two residential detached dwellings. We believe the application may be going to planning committee meeting for determination, on 27th March 2023.

Community Infrastructure Levy

- CIL will be charged at the rate of £139 m2 (including indexation), this is to be paid by the purchaser.

Layout

- The layout plans submitted detail two spacious detached family dwellings, each extending to c.236 m2/ c.2,540 ft2 GIA with garages.

Access

- A new access road to serve the development from Village Road, will have to be constructed by the purchaser.

Services / Drainage

- Utilities and drainage are thought to be available in close proximity, prospective purchasers should make their own enquiries in respect to availability of drainage, services and cost of connections.

Existing Wayleaves, Easements and Rights of Way:

- The land is to be sold subject to and with the benefit of all wayleaves, easements and rights of way, whether or not mentioned in these details.

Tenure

- The land is to be sold freehold with vacant possession on completion.

Terms

Unconditional offers invited to purchase the land, together with 25% uplift to be paid, if planning consent is achieved for the scheme submitted or any alternative scheme that is approved.

Conditions of sale:

(1) The purchasers will be required to exchange unconditional contracts, within 30 working days from when their solicitors receive draft contract documentation.

(2) Legal completion is to take place within 20 working days from exchange of contracts.

(3) Compass Elevation are to be retained by the purchasers as the sole selling agents for resultant units, at terms to be agreed.

Viewings

Strictly by prior appointment via Compass Land & Development.

Contact Compass Land and Development on 01234 351577 14-16 Bromham Road, Bedford, MK40 2QA

E: dpd@compasspropertygroup.co.uk or ms@compasspropertygroup.co.uk

Compass Land & Development for themselves, and for the vendors of the land, whose agents they are, give notice that; (A) These particulars are produced in good faith, but are set out as a general guide only and do not constitute any part of a contract; (B) No person in the employment of Compass Land and Development has any authority to make or give any representation or warranty what so ever to the land. These details are presented subject to Contract and without prejudice as of FEBRUARY 2023.