Lot 47
    Land
    Land To the Rear of 1 - 15
    The Broadway, Newbury, West Berkshire, RG14 1AS
    Withdrawn Prior.
     
    Number 1
    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).

    Description

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

    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.

    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.

    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.
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    Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

    Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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