No longer on the market
This property is no longer on the market
MapLand
Sold STC
Land
4.32 acre(s)
Key information
Tenure: Freehold
Council tax: Ask agent
Features and description
- Freehold Sale – Title Number SH7306
- Guide price: Offers in Region of £750,000
- Approximately 4.32-acre storage site
- Rental income currently £21,200 pa
- Site can be sold with vacant possession
- Consented storage unit on site of c. 4,060 sq. ft.
- Lapsed consent for a replacement storage unit of c. 4,850 sq. ft.
- Located near Buriton, south of Petersfield, with access to the A3 linking London to the north and the M27 motorway to the south
- 3 phase electricity and gas to the site, water from a bore hole
- May suit an owner-occupier or commercial property developer
A rare freehold site within the South Downs National Park (SDNP) measuring approximately 4.32 acres. It has been in the same company ownership since 2000 and was originally used for the purpose of their own business. In past times the site operated as a sawmill and was also used in conjunction with a nearby lime works, however is now predominantly used for storage and workshop purposes. A couple of tenants lease parts of the site on an informal basis which generates an annual rental income of £21,200 (which we believe to be under-rented), and the occupiers have expressed an interest to remain in situ, in the event of a sale.
If the site is cleared there may be scope to reinstate an application for the lapsed consented building or to exploit the site for commercial purposes, subject to securing any necessary planning consents.
ACCOMMODATION
Storage Unit – approximate GIA 4,060 / 377.1 Sq. M.
RATEABLE VALUE
We understand the current rateable value to be £31,000. Please contact the VOA for further information on business rates and to clarify this information.
PLANNING
Consent was granted in 1997 for the property use to be changed from that of a sawmill to B1(c) under planning application reference F.20679/013. Interested parties are invited to undertake their own due diligence and make enquiries of the relevant planning authority.
EPC
Due to the nature of the occupation no EPC information is available.
TENURE
We are instructed to seek unconditional offers in the region of £750,000 for the freehold interest in title number SH7306.
LEGAL COSTS & VAT
Each party is expected to bear their own legal costs in any transaction. We have not been advised if the site is elected for VAT.
VIEWINGS
Please note that unaccompanied site access is not permitted.
For any enquiries please contact the sole agent Trinity Rose Commercial on[use Contact Agent Button] or contact Jon Baud on[use Contact Agent Button] / [use Contact Agent Button]
The former Buriton Sawmill site is located on the South Downs Way, half a mile south of the village of Buriton and within the South Downs National Park. The A3 dual carriageway can be accessed (both north and south) 1.4 miles to the north east, which joins the A27/M27 10 miles to the south and the M25 approximately 36 miles to the north. Please note that the site is accessed from the north via Kiln Lane (underneath a railway bridge with a max height of 12’3”) or from the south via New Barn Lane, on a narrow country lane, from the direction of Chalton.
If the site is cleared there may be scope to reinstate an application for the lapsed consented building or to exploit the site for commercial purposes, subject to securing any necessary planning consents.
ACCOMMODATION
Storage Unit – approximate GIA 4,060 / 377.1 Sq. M.
RATEABLE VALUE
We understand the current rateable value to be £31,000. Please contact the VOA for further information on business rates and to clarify this information.
PLANNING
Consent was granted in 1997 for the property use to be changed from that of a sawmill to B1(c) under planning application reference F.20679/013. Interested parties are invited to undertake their own due diligence and make enquiries of the relevant planning authority.
EPC
Due to the nature of the occupation no EPC information is available.
TENURE
We are instructed to seek unconditional offers in the region of £750,000 for the freehold interest in title number SH7306.
LEGAL COSTS & VAT
Each party is expected to bear their own legal costs in any transaction. We have not been advised if the site is elected for VAT.
VIEWINGS
Please note that unaccompanied site access is not permitted.
For any enquiries please contact the sole agent Trinity Rose Commercial on[use Contact Agent Button] or contact Jon Baud on[use Contact Agent Button] / [use Contact Agent Button]
The former Buriton Sawmill site is located on the South Downs Way, half a mile south of the village of Buriton and within the South Downs National Park. The A3 dual carriageway can be accessed (both north and south) 1.4 miles to the north east, which joins the A27/M27 10 miles to the south and the M25 approximately 36 miles to the north. Please note that the site is accessed from the north via Kiln Lane (underneath a railway bridge with a max height of 12’3”) or from the south via New Barn Lane, on a narrow country lane, from the direction of Chalton.