Somerset Bridge, Hamp, Bridgwater, TA6

Description

Development opportunity located on the south side of Bridgwater in Hamp, with full planning permission for the formation of a new vehicular access off Hamp Bridge and erection of 9no. detached 5-bedroom residential dwellings with associated parking and garages. Total site extends 2.98 acres (1.21 hectares).

The site was granted full planning permission on the 21st January 2022 through Appeal (planning number 37/19/00124). Access to the site is off Hamp Bridge which is a single track road with passing points. The topography of the site is level and the outlook from the rear access taken from the approved design will be over the Taunton and Bridgwater Canal. See auction pack for further information.

Planning Further details regarding the full planning consent can be found via the Somerset (Sedgemoor) Council online Planning Portal using reference 37/19/00124. Interested parties must satisfy their own planning investigations. We understand there is a community infrastructure Levey (CIL) payment associated with the planning consent of c.£100,000 – further details contained within the auction legal pack.

Completion

Completion has been set for 23rd May 2024, or earlier by arrangement.

Registering to bid and Administration fee Cooper and Tanner requires all bidders who wish to bid at our Auction to register beforehand, whether you are intending on bidding in the room, by proxy or online.

As part of the registration process, you will be asked to provide card details in order that the Buyer’s Administration Fee of £1,350 inc VAT can be paid if you are successful. A week before the auction a hold will be placed on your account for this sum, which will then be released if you are unsuccessful. This fee will only be taken if you are the successful buyer. The fee is retained by Cooper and Tanner and does not form part of your deposit or completion settlement. Please also be aware that the Buyer’s Administration fee is payable per lot purchased. If you are successful in purchasing more than one lot, we will contact you following the auction to take subsequent payments for additional lots bought. All checks required by current anti-money laundering legislation must be satisfactorily completed, as part of the registration process before prior approval to bid will be granted; this will include providing proof of funds.

Deposit

Successful bidders will be required to pay to the Cooper and Tanner Client Account the deposit of 10% of the purchase price within 24 hours of the auction. The account details will be provided to the successful bidder on conclusion of the auction. Once funds are cleared, they will be transferred on to the account of the solicitor acting for the seller. Please ensure that funds are in an account suitable to be able to make an Electronic Transfer from.

Solicitors

Chubb Bulleid, Wells

Laura Maden acting

Telephone: 01749 836 100

Local Council: Somerset Council. Telephone:0300 123 2224.

Services: Potential purchasers are advised to make their own enquiries into the adequacy and availability of any services.

Tenure: Freehold with vacant possession.

VAT: We understand the purchase price is not subject to VAT.

Viewing: By prior appointment with Cooper and Tanner. Tel. 01458 834288 or 01373 455060 Please note this is a potential development site and suitable precautions and care should taken during viewings.