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Status Withdrawn Post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
VAT
VAT is applicable to this lot.
Viewings
There will be 2 block viewing dates. Please register with the Auctioneers if you would like to view.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
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
VAT
VAT is applicable to this lot.
Viewings
There will be 2 block viewing dates. Please register with the Auctioneers if you would like to view.
EPC
The EPC will be available to view online in the solicitor’s legal pack.