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For Sale By Auction | 2:30pm, 03 December 2020 | Lot 15

Old Farm Buildings, Buckingham Road, Croughton, Northamptonshire, NN13 5LL

*Guide | £250,000+ (plus fees)

  • Residential Development
  • Tenure: Freehold

Call the team on 01234 362899 for more information

Auction Date

Thu 03/12/2020

Auction Time

2:30pm

Auction Venue

Live Streamed Auction

Approaching two and a half acres, this large single plot benefits from consent to convert the existing buildings into a substantial residential dwelling.

Set back from the road and within a generous plot which is approaching two and a half acres in size, these former farm buildings have for many years been used as a commercial workshop. The local authority have given consent to an application for prior approval to convert the buildings to a single dwelling, changing the use from light industrial - Class B1 (c) to a dwelling house - Class C3. The plot benefits from a long road frontage with a gated entrance and driveway that leads to the collection of buildings which comprise of a sizeable workshop with pre-cast concrete walls, a covered store/open sided steel frame barn, a single garage constructed from pre-cast concrete sections with an up and over style garage door, plus a small open fronted barn with corrugated sheet walls and roof. To the foreground of the buildings is an area of hard-standing with a vegetable garden and small fenced paddock to one side of the driveway and a larger fenced paddock to the other. There is a mains water supply, a three phase electrical supply, a phone connection and just outside the entrance is a fibre broadband connection. The property is located on the B4031, midway between Croughton and the A43 and it is surrounded by open countryside. The villages of Evenley and Mixbury are also nearby and the towns of Brackley, Bicester, Buckingham and Banbury all within easy reach.

Tenure

Freehold

Planning Consent:

Application Number: S/2020/1293/PA Date of Permission: 1st October 2020

Auctioneers' Note:

A prior approval establishes the principle of residential development on the site where, under normal circumstances, permission would not be granted in the open countryside for an isolated dwelling in an unsustainable location such as this. Instead it bypasses these policy constraints so the real value lies in the fact that the principle of residential development has now been established on the site providing an opportunity in applying for permission to re-develop the whole site using the prior approval as a fallback position. The Sellers agent applied only for the workshop however apart from the building, the prior approval also relates to the curtilage of the subject building. The Regulations define ‘curtilage’ as follows: (a) the piece of land, whether enclosed or unenclosed, immediately beside or around the building in light industrial use, closely associated with and serving the purposes of that building, or (b) an area of land immediately beside or around the building in light industrial use no larger than the land area occupied by the building.

Completion Date:

The completion date will be set for Friday 26th March 2021.

Energy Efficiency Rating (EPC)

Current Rating N/A

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

South Northamptonshire Council - 01327 322322

Solicitors

Spratt Endicott, 52-54 The Green, Banbury, Oxfordshire OX16 9AB, Ref: Jennie Loynes - jloynes@se-law.co.uk, Tel: 01295 204 082

Additional Fees

Buyer's Premium - There is no Buyer's Premium payable on this lot.

Administration Charge - Purchasers will be required to pay an administration fee of £1,200 incl. VAT.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.