Posenhall Reservoir, Benthall Lane, Posenhall, Broseley, Shropshire, TF12 5BD

Guide Price* : £20,000

Upon Instructions of

  • Freehold covered reservoir site
  • Potential for alternative use
  • 0.37 acres (0.15 hectares)
  • Vacant possession

Description

The property comprises an earth covered, above ground redundant reservoir constructed of reinforced concrete that would offer strong potential for innovative conversion to alternative uses, including ‘Grand Design’ style conversion to residential or holiday accommodation use.

The site is not located in Green Belt or an Area of Outstanding Beauty, nor is it affected by a statutory nature conservation or heritage designation. The site area is approximately 0.37 acres (0.15 hectares).

Location

Broseley is located 15 miles south-east of Shrewsbury, 9 miles south-west of Telford and 20 miles west of Wolverhampton. The property is approximately one mile to the west of Broseley at Posenhall in a rural setting on the north side of Benthall Lane close to the intersection with Wyke Lane.

Tenure

Freehold.

Planning

The Government has demonstrated through recent changes to the planning system that it is an enthusiastic supporter of the custom and self-build sector. There is now recognition within national planning guidance of the growing demand from the self-build sector for improved access to opportunities to undertake self-build projects, which will include conversion of existing buildings and structures, often exhibiting innovative and ground-breaking design solutions.

Over recent years a growing number of examples from across the UK of high quality conversions have captured the public imagination and inspired more and more people to become involved in realising their own ‘Grand Design’ ambitions. One-off, bespoke solutions are now increasingly gaining planning consent, even in areas often constrained by planning policy. Through the Self-Build and Custom Housebuilding Act 2015 the Government recognises that custom build can be an affordable way to home ownership that provides an opportunity to own a bespoke, sustainably designed and high quality home.

National planning guidance encourages outstanding and innovative design and cautions local planning authorities against stifling innovation, originality and initiative. National and local planning policies also provide support for sympathetic, sustainable rural tourism enterprises as well as general support for the sustainable growth and expansion of all types of business and enterprise in rural areas, including through the conversion of existing buildings.

Interested parties should read the legal pack for further information relating to easements and overages, for example, that may be applicable to the site.

An example of a recent former Severn Trent reservoir which has gained planning consent for conversion can be found here.

Planning Authority

Shropshire Council (0345 678 9004) www.shropshire.gov.uk.

VAT

VAT is not applicable to this lot.

Energy Performance Certificate

No EPC required.

Contact

Vendor's solicitor

Eversheds Sutherland
Claire How
0121 232 1284
clairehow@eversheds-sutherland.com

Joint auctioneers

Capita (Charlie Silva)
07710 501827
charlie.silva@capita.co.uk

* Generally speaking Guide Prices 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. Virtually every 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.

Administration Fee The successful purchaser will be required to pay the auctioneers administration fee of £990 inclusive of VAT on purchases of £20,000 and above and £240 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.

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Sold for £48,000

This auction lot is now closed.

Auction Ended

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The successful purchaser will be required to pay the auctioneers administration fee of £990 inclusive of VAT on purchases of £20,000 and above and £240 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.


Joint Agent

(Charlie Silva)
07710 501827

Office Contact

Contact
020 7198 2280

Vendor

Severn Trent Water

Vendors Solicitor

Claire How
0121 232 1284

Related Documents

Agreement Documents


Subject to Contract and Exclusive of VAT © Lambert Smith Hampton December 2019

Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including 574, and their joint agents if any ("LSH") for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.