Former Foster Yeoman Quarry, Dulcote Wells Somerset BA5 3PY

Former Foster Yeoman Quarry, Dulcote
Wells
Somerset
BA5 3PY

Rare Freehold Development Opportunity

Outline planning consent granted for B1 (Business), B2 (General Industrial) and B8 (Storage and Distribution) development
Total site area of approximately 80 acres (32.38 hectares)
Net developable area of approximately 18 acres (7.3 hectares)
Suitable for a variety of uses (subject to consents)
Six Week Completion Period Available

Lot
71
Auction
18th October 2011
Vacant Possession
Status
Withdrawn Post
Price
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP
On behalf of a Major Property Company

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Rare Freehold Development Opportunity

Outline planning consent granted for B1 (Business), B2 (General Industrial) and B8 (Storage and Distribution) development
Total site area of approximately 80 acres (32.38 hectares)
Net developable area of approximately 18 acres (7.3 hectares)
Suitable for a variety of uses (subject to consents)
Six Week Completion Period Available

Lot 71
Auction 18th October 2011
Vacant Possession
Status Withdrawn Post
Price
Sector
Development
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP
On behalf of a Major Property Company

Property Information

Location

Miles: 1.5 miles south-east of Wells, 4 miles west of Shepton Mallet, 22.5 miles south-west of Bath, 22 miles south of Bristol
Roads: A371, M5, A37
Rail: Castle Cary Railway Station
Air: Bristol International Airport

Situation

The site forms part of the former Foster Yeoman Quarry on the edge of Dulcote Hill, south of the historic cathedral city of Wells and is accessible from the A371.

Tenure

Freehold.

Location

Miles: 1.5 miles south-east of Wells, 4 miles west of Shepton Mallet, 22.5 miles south-west of Bath, 22 miles south of Bristol
Roads: A371, M5, A37
Rail: Castle Cary Railway Station
Air: Bristol International Airport

Situation

The site forms part of the former Foster Yeoman Quarry on the edge of Dulcote Hill, south of the historic cathedral city of Wells and is accessible from the A371.

Tenure

Freehold.

Description

The site comprises a redundant limestone quarry with surrounding woodland of approximately 80 acres (32.38 hectares). Within the quarry, there is a net developable area of approximately 18 acres (7.3 hectares) of levelled land. (Please see area shaded orange on identification plan). There are a number of semi-derelict buildings on site including the foundry, an empty sub-station, office/weighbridge and toilet block.

Agreement
The foundry, known as The Old Power House Building, has been let to an individual for 2 years from 13th September 2010 at a rent of £20 per week. The tenant does not benefit from a right to renew the lease.

Planning
Outline Planning Consent was granted on 6th August 2010 for a period of 5 years for construction of up to 24,751 sq m (266,426 sq ft)
of Use Classes B1/B2/B8 development. The site may be suitable for a variety of alternative uses, subject to planning consents. A copy of the planning consent granted is available from the quarry’s website and legal pack.
http://www.developmentlandsouthwest.co.uk
Mendip District Council
Cannard Grave Road, Shepton Mallet, Somerset BA4 5BT
Website: http://www.mendip.gov.uk
Email: customerservices@mendip.gov.uk
Telephone: 01749 648999