Property Details

Residential Development Land with planning permissions.
Guide Price – £22,000,000.

Property Name
Lyneham, Wilts – 200 Units
Category
Sold Subject to Contract
Location
Green Farm, Lyneham, Wiltshire SN15 4PA

SITUATION
Lyneham is a large village in North Wiltshire within the Parish of Lyneham and Braydon Stoke situated 4 miles south-west of Royal Wootton Bassett, 5.5 miles north of Calne and 11 miles south-west of Swindon.
Lyneham provides shops, a primary and pre-school, a library and the Parish Church. More extensive facilities are available in Royal Wootton Bassett, Calne and Swindon. Communications are excellent with the M4 motorway junctions 17, 7.5 miles and junction 16, 6.5 miles away. Chippenham Rail Station is approximately 9.5 miles south putting London (Paddington) just over 1 hour travelling distance.

THE PROPERTY
The Property is situated on the southern edge of Lyneham. The consented area comprises level farmland, a range of farm buildings and a 4-bedroom farmhouse extending in all to 31.06 acres (12.57 hectares). The land is bounded mainly by fencing. Current vehicular access can be taken from the B4069 Chippenham Road or the A3102 Calne Road.

PLANNING CONSENT
Outline planning permission was granted by Wiltshire Council on 22nd November, 2021 (Appeal Ref: APP/Y3940/W/20/3253204) for the demolition of agricultural buildings and the erection of up to 200 dwellings, up to 2,600m2 of B1 Business and up to 600m2 of D1 community uses as well as public open space, landscaping, suitable drainage system and vehicular access point from Chippenham Road. Further details are available in a data room from the Selling Agent.

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.

AFFORDABLE HOUSING
For the avoidance of doubt, the Section 106 Agreement commits the buyer to providing a minimum of 40% (80 units) affordable housing split between 32 rented units and 48 shared ownership units. The mix is indicative and will be confirmed at a Reserved Matters Application.

COMMUNITY INFRASTRUCTURE LEVY
The buyer will be responsible for any Community Infrastructure Levy (CIL) charged. Wiltshire Council have confirmed that the current CIL liability charged based on the chargeable floor area of the approved development would be £85 per square meter index linked.

INFORMATION PACK
Detailed information is available on a Drop Box link, to include:
• Planning Application, Appeal Decision and Approved Plans
• Section 106 Agreement
• Design and Access Statement
• Transport Assessment
• Landscape and Visual Appraisal
• Ecology Report
• Flood Risk Assessment
• Letters of Reliance
The information pack is available from the
Selling Agents. Please contact Anthony Wright on 01666 318 992 or anthony@ajwlanddevelopment.co.uk for further information.

GROUND CONDITIONS
A Ground Investigation Survey is underway. A Factual Report is anticipated to be available by week commencing 7th March, 2022 and will, on receipt, be circulated to all potential buyers who have registered an interest in the property.

THE FARMHOUSE
The Farmhouse is constructed of red brick elevations under a pitched tiled roof. The accommodation comprises a lounge, kitchen/ breakfast room, dining room, four bedrooms and a bathroom.

SERVICES
The Farmhouse is connected to mains water, drainage and electricity. The property is heated through an oil fired central heating system.

TENURE
The Farmhouse has been recently refurbished by the Seller’s son who is currently in occupation.

AGRICULTURAL TIE
The Farmhouse forms part of the consented site and is included in the land area being offered for sale. The Farmhouse and adjacent farm buildings are subject to an agricultural tie by way of a S.106 Agreement (N.94.2201.F). The Promoter is seeking a Deed of Modification from Wiltshire Council cancelling the Section 106. Further details are available in the Information Pack.

METHOD OF SALE
Prospective buyers are invited to submit offers to AJW Land & Development Ltd by 12 Noon on Wednesday 23rd March, 2022. 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 Green Farm, Lyneham”. Emailed offers should be sent to: anthony@ajwlanddevelopment.co.uk. All offers should contain a breakdown of overage payment, all assumptions made and any abnormal costs that have been allowed for.

MEETING WITH THE BUYER
To avoid any delay, if your offer is of interest, you will be invited to attend a meeting at AJW Land & Development Ltd.’s office (Covid-19 regulations
permitting) or virtually during the week commencing 28th March, 2022 (date and time to be agreed), to discuss your proposal.

CONDITIONS OF SALE
As part of the sale, the chosen buyer will be required to adhere to certain conditions and terms (to be agreed), to include:
• The buyer will grant an Assured Shorthold Tenancy with the existing tenant of the farmhouse for a term of 6 months.
• Demolition of farm buildings.
• The buyer will enter into an Overage Agreement for any dwelling constructed over 200 units. Prospective buyers are required to state the price payable per plot as part of their offer. Payment of the Overage will be made on the grant of planning permission free of challenge.
• Full vehicular rights and services will be reserved to adjoining land for future connections.

SERVICES
Mains services are understood to be available nearby. Prospective purchasers are required to seek confirmation from the various utility companies that mains services are readily available.

CLEARANCE
Any remaining debris will not be removed by the Seller following completion. The property will be purchased as seen.

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.

TENURE AND POSSESSION
The property is freehold with vacant possession on Completion subject to the granting of a 6 month Assured Shorthold Tenancy on the Farmhouse.

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 Gladman, Gladman House, Alexandria Way, Congleton, Cheshire CW12 1LB. Tel: 01260 288888. Website: www.gladman.co.uk

SELLERS SOLICITOR
Wansbroughs Solicitors, North Gate House, Devizes, Wiltshire SN10 1JX. Tel: 01380 733300. For the attention of Mr. Neil Patterson.

VIEWING
By appointment through the Selling Agent (01666 318 992). When visiting the Property access is strictly prohibited in the traditional farm buildings due to the structures being unsafe.

Sales Brochure