Land at Coscombe Tank, Winchcombe, Cheltenham, Gloucestershire, GL54 5AX

Guide Price* : £1,000

Upon Instructions of

  • Freehold covered reservoir site
  • Potential for alternative use
  • 3,767 sq ft (350.00 sq m)
  • Vacant possession

Addendum

There has been significant interest in this site. For the avoidance of doubt the guide price is an indication of the reserve price, this is the seller's minimum expectation. This is not a valuation nor is it an indication of the sale price. Please scroll down within the online section of this website and you will be able to review similar past sales and their results.

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 area is approximately 3,767 sq ft (350.00 sq m).

The property is set back to the north of a small lane that runs westwards from B4077, approximately 400 meters west of Pinnock Wood Farm. There is a right of way over the track leading to the site.

The approximate position of the property can be located as follows:
Grid Reference: SP070286
www.gridreferencefinder.com

Location

Miles: Cheltenham 11 miles, Moreton-in-Marsh 10 miles, Chipping Norton 18 miles, Bourton-on-the-Water 9 miles
Roads: B4077, A424, A429, M5 (junction 9)

Tenure

Freehold

Planning

The Government has demonstrated through the planning system that it is an keen supporter of the custom and self-build sector. There is 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. The recent Housing White Paper, signals the government’s continued support for custom and self-build housing and the role it can play in helping deliver housing that people want.

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, and more recently the Housing White Paper, 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.

Examples of other former Severn Trent DSR’s which have gained planning consent for conversion can be found here at http://stwreservoirs.co.uk/case-studies

Planning Authority

Cotswold District Council (01285 623000) www.cotswold.gov.uk

VAT

Refer to the legal documentation

Energy Performance Certificate

No EPC required

Contact

Vendor's solicitor

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

Joint auctioneers

Carter Jonas Andrew Smith
020 7518 3242
andrew.smith@carterjonas.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.

Log in to view your status

Sold prior

This auction lot is now closed.

Auction Ended

Connecting to server...

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

Andrew Smith
020 7518 3242

Office Contact

Contact
020 7198 2284

Vendor

Severn Trent Water

Vendors Solicitor

Claire How
0121 232 1284

Related Documents

Agreement Documents

Virtual Tour

Aerial drone video

Additional Links