Land for sale in The Broadway, Newbury RG14

Guide Price = £875,000+

**For Sale By Public Auction 31st July 2024 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

A Plot of Land Measuring Approximately 3,354 sq m (36,108 sq ft). Offered with Planning Permission for the Erection of Three Detached Blocks Arranged to Provide Seventy Two Self-Contained Flats (37 x One Bedroom, 21 x Two Bedroom, 14 x Studios).

Tenure
Freehold

Location
The site benefits from dual access from The Broadway and from Strawberry Hill road which could potentially be used for construction vehicles. The site is in close proximity to the local shops and amenities and the open spaces of Northcroft Park are within easy reach. Transport links are provided by Newbury rail station.

Description
The lot comprises a plot of land measuring approximately 3,354 sq m (36,108 sq ft).

Note
The site area depicted within the plan in the auction particulars is for indicative purposes only. Additionally, any measurements stated may not be exact. Buyers should rely on their own enquiries with regard to precise measurements, any consents or rights over the land and any possible development potential or alternative uses for this site. Some or all of the plot may comprise adopted highway land.

Planning
West Berkshire Borough Council granted the following planning permission (ref: 17/01999/resmaj) on 22nd November 2017: 'Approval of reserved matters following outline permission 14/00146/outmaj - Outline Application: Development of 72 Flats. Matters seeking consent: Landscaping'. The vendor has advised that works have commenced.

The following planning application has been submitted to West Berkshire Council (ref: 23/00363/mdopo) on 14th February 2023: 'Modification of Planning Obligation on approved application 14/00146/outmaj - Outline Application: Development of 72 Flats. Matters to be considered: Access, Appearance, Layout and Scale'. A decision for this application is pending.

The Section 106 Agreement dated 12th November 2014 is being varied. Please see the travelling deed of variation to the Section 106 Agreement which is available within the legal pack.

Open Site