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£1,100,000

Gypsy Lane, Frome, BA11

  • 0 beds
Other

£1,100,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£5,022 per month

Minimum deposit amount:

£55,000
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Description - An exciting opportunity to acquire a residential development site with the benefit of planning consent for the construction of a selection of 6 detached and terraced dwellings and 4 office spaces.

The site is located on the North side of Frome on Gypsy Lane, and consists of approximately 0.26 hectares (0.65 acres) of which is being used for commercial purposes and is generally level in topography. There is a detached bungalow located in the corner, which will be offered with vacant possession.

Planning - Planning is approved and the Mendip Planning application number is 2021/0652/FUL. Details can be found on the website www.mendip.gov.uk/article/6358/View-and-Comment-on-Planning-Applications.

Community Infrastructure Levy (CIL) and Section 106 - Our vendor has confirm that the site is not subject to any CIL or section 106 payments.

Please contact the agent for a link to the technical information for this development opportunity.

It will be the responsibility of the developer/promoter to make representations under the option or promotion agreement to Mendip District Council.

Wayleaves, easements and rights of way - The land will be subject to and with the benefit of all rights of way, whether public or private, light, sport, drainage, water and electricity supplies and other rights and obligations, easements and quasi-easements and restrictive covenants and all existing and proposed wayleaves for masts, pylons, stays, cable, drains, water and gas and other pipes whether referred to in these particulars or not.

Method of Sale - Offers Invited, subject to contract, please note – purchaser will be responsible for agents’ fees.

Location - Frome is a historic market town with many notable buildings and features the highest number of listed buildings in Somerset. Frome offers a range of shopping facilities, a leisure centre, several cafés, a choice of pubs, hospital and medical centre, local junior, middle and senior schools, several theatres and a cinema. Bath and Bristol are within commuting distance, and the local railway station connects at Westbury for London, Paddington.

Viewing - Viewing is strictly by appointment only, please contact Darren Woodyer at the Frome Office on 01373 455060 option 5.



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£51,250
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