Barn conversion for sale

Rooms

Lot 1 - Guide Price £275,000
An opportunity to purchase a range of Traditional Farm Buildings (273m2 / 2938ft2) with potential for alternative uses, subject to obtaining the necessary planning consent. The Barns are adjacent to the Grade 2 Listed Burleigh Court Farm and are therefore considered to be curtilage listed, set within extensive grounds extending to approximately 1.21 acres (0.49ha). Pre-application advice was received from Stroud District Council regarding the proposal for ‘Conversion of agricultural buildings to form 2 dwellinghouses’. The response considered that the principle of conversion could be supported, subject to addressing technical requirements i.e. ecology, trees, structural etc. Full details of the pre-application submission and response is available from the Agents.

Lot 1 - Overage Clause
The sale contract will include an overage provision on the barns to the effect that if any more than one building is converted or demolished to facilitate an independent residential use within a 15-year period, a payment of £50,000 (index linked) per dwelling created (over and above one) will be repayable to the owners or their successors in title on the grant of such planning consent. A copy of the Overage Deed is available from the Agents.

Lot 1A - Guide Price £75,000
An opportunity to purchase a steel framed building (123m2 / 1325ft2) and approximately 1.85 acres (0.63ha) of agricultural land with roadside access. The property is offered for sale with Lot 1 of as a separate Purchase. The Purchaser will benefit from a vehicular right of access over the area hatched green on the plan.

Lot 1A - Overage Clause
Overage Clause The sale contract will include an overage provision to the effect that if planning consent is granted for anything other than agricultural or private equestrian use within 25 years of the sale date, 35% of any increase in value will be repayable to the owners or their successors in title. A copy of the Overage Deed is available from the Agents.

Location
The property is positioned at the edge of the Gloucestershire village of North Nibley, within an open countryside situation at the edge of the Cotswold Area of Outstanding Natural Beauty. North Nibley has everyday amenities including a village shop, post office, church, public house, and primary school, with more a more extensive range of facilities located within the market towns of Wotton-under-Edge, which is 1.9 miles distant. Regional centres are located at Cirencester (22 miles), Cheltenham (25 miles), Gloucester (20 miles) and Bristol (22 miles). The Bristol Road (A38) is within 3 miles of the property and provides easy access to the wider transport network with J14 of the M5, being 7 miles distant. There are mainline rail services available from Cam & Dursley and Stroud.

Services
We understand mains water and electricity are available within the vicinity of both Lots.

Historic Use
The property was for many years used as ‘storage for disused cars, commercial and Agricultural vehicles’ and whilst every effort has been made to clear the property, the Vendor cannot guarantee that small quantities of wood, plastic tyres and metals won’t be present. The Buyer should make their own investigations in that regard.

Viewing
By appointment only.

Property information from this agent

• Particulars