Property Details
Residential Development Land
Guide Price £8,000,000.
SITUATION
Malmesbury is a historic market town located in North Wiltshire situated 18 miles from Swindon and 10 miles from Chippenham. Close to the Cotswold Area of Outstanding Natural Beauty, the town provides a number of independent shops, Malmesbury Abbey, public houses and a mix of schooling. Communications are excellent with the M4 motorway junction 17 being approximately 7 miles and Chippenham Rail Station being 11 miles with London (Paddington) being just over 1 hour travelling distance.
THE PROPERTY
The property is situated on the northern outskirts of Malmesbury. The property comprises pasture field with views of open farmland extending to 14.73 acres (5.96 hectares) bordered by the B4014 Road, hedgerows and post and wire fencing.
PLANNING CONSENT
Outline planning permission was granted on appeal by Wiltshire Council on 31st October, 2022 (Appeal ref: APP/Y3940/W/22/3290305) for the construction of up to 71 dwellings, the creation of a new vehicular access with footways and cycle ways and ancillary road infrastructure, public open space, children’s play area, allotments, landscape planting, surface water attenuation and associated infrastructure. Further details are available in an online data room from the Selling Agents.
SECTION 106
The buyer will purchase the land subject to a Section 106 Agreement and any bids will need to take into full account the obligations set out within the Agreement. In addition, Community Infrastructure Levey will be payable by the buyer.
AFFORDABLE HOUSING
For the avoidance of doubt, the Section 106 Agreement commits the buyer to provide a minimum of 40% affordable houses with a split tenure mix of 60% affordable rented housing and 40% shared ownership.
METHOD OF SALE
Prospective buyers are invited to submit offers to AJW Land & Development Ltd by 12 Noon on Thursday 12th January, 2023. Written offers should be submitted in a sealed envelope and sent to AJW Land & Development Ltd, Old Barn, Rodbourne Rail Farm, Rodbourne, Malmesbury, Wiltshire SN16 0ES and titled “For the attention of Mr. A.J. Wright – Land at Malmesbury”. Emailed offers should be sent to anthony@ajwlanddevelopment.co.uk.
INFORMATION PACK
Detailed information is available from the Selling Agent to include:
• Planning Application, Appeal Decision and Approved Plans
• Section 106 Agreement
• Planning Design and Access Statement
• Transport Assessment
• Ground Investigation Report
Details of the online data room are available from the Selling Agents. Please contact Anthony Wright on 01666 318 992 or anthony@ajwlanddevelopment.co.uk for further information.
INTERVIEWS
The preferred buyer and their technical team will be invited to attend a meeting week commencing 16th January, 2023.
SERVICES
Mains services are understood to be located adjacent to the site with the connections in principle agreed. Prospective purchasers are required to seek confirmation from the various utility companies that mains services are readily available.
RIGHTS AND EASEMENTS
The property is sold subject to any existing rights of way, drainage, water and other rights, easements and incidents of tenure affecting the sale and all easements and wayleaves in connection with all electric or telephone wires, pipes, cables, stays etc. as at present erected on or passing over the property and subject to all existing and all pending agreement if any affecting the same.
ACCESS
The purchaser will have access and services rights over the adjoining site to the property until such time the road from the highway is constructed and adopted. In addition, the purchaser will have step in rights to deliver the new access within one month of a detailed consent on the neighbouring development site. Further information on access is available in the data room.
RETAINED LAND
The purchaser will be obligated to erect a close bordered fence against the Sellers’ retained land.
TENURE AND POSSESSION
The property is freehold with vacant possession on completion.
LOCAL AUTHORITY
Wiltshire Council, Monkton Park, Chippenham, Wiltshire SN15 1ER. Tel: 0300 4560 1000.
VAT
VAT will be charged on the sale price of the property.
PROMOTER
The property has been promoted by Gleeson Land Ltd, Sentinel House, Harvest Crescent, Ansells Business Park, Fleet, Hants
GU51 2UZ. Tel: 01252 360300. Website: www.gleesonland.co.uk.
PROMOTER’S SOLICITOR
Gowling WLG Solicitors, Two Snowhill, Birmingham B4 6WR. Tel: 0121 393 0028. For the attention of Ms. Jennifer Tully.
SELLER’S SOLICITOR
Forrester Sylvester Mackett Solicitors, 61 St Mary Street, Chippenham, Wiltshire SN15 3JH. Tel: 01249 444300. For the attention of Mr. Jonathan Watts.
VIEWING
By appointment through the Selling Agents (01666 318992).
DIRECTIONS
From M4, Junction 17 head in a northerly direction along the A429 through the village of Corston and past the Malmesbury bypass. At the Malmesbury garden centre roundabout take the first exit. Continue on the B4014 Road. The site is signposted on the left hand side. From Cirencester head south west along the Tetbury road. Take a left turn onto the A429. Continue for 8.5 miles through the villages of Kemble and Crudwell. At the Malmesbury garden centre take the second exit onto the B4014 Road. The site is signposted on the left hand side.
Sales Brochure
