Residential Development Site, Braunston in Rutland - Full Planning Permissions
The Old Plough, Braunston in Rutland, LE15 8QY
- 12
Key features
Guide Price: *
£450,000
Fees apply
Buyer's fee:3.6% (min. £6,000)
All fees include VAT at 20%
Auction Type:
Traditional
Sold for:
£450,000Bid history
1 bidJ
14/02/2025 17:17:34 - £450,000
The Old Plough offers a unique and rarely available building plot in the ever sought after village of Braunston. Local planning has been restricted for the past 30 years - meaning this particular opportunity should not be missed out on.
The property also benefits from being removed from the valuations list - resulting in zero business rates are currently payable
** PRIME DEVELOPMENT SITE IN A PRIME LOCATION WITH RARELY AVAILABLE PERMISSIONS **
FORMER PUBLIC HOUSE WITH DETAILED PLANNING
PERMISSION FOR FOUR DWELLINGS
We are advised that the purchase price will be subject to VAT.
DESCRIPTION
The site comprises an irregular shaped parcel of land at the junction of Oakham Road and Church Street on the edge of the village. It is currently occupied by the former Old Plough Inn and the site has the benefit of a detailed planning permission for the conversion of the existing buildings into two dwellings and the construction of two new dwellings on the adjoining car park.
Plot 1 203m²
Plot 2 139m²
Plot 3 95m²
Plot 4 126m²
PLANNING
The site lies within the jurisdiction of Rutland County Council.
Planning permission was granted under reference 2021/1421/FUL on the 22nd December 2022. The description of development is as follows:
"Change of use and conversion of The Old Plough to create a 1 no.4 bed dwelling and 1 no. 3 bed dwelling together with the erection of 2 no. dwellings in the car park with landscaping and related infrastructure works"
An information pack with plans and related information is available upon request from the sole selling agents. This includes a copy of a s.106 agreement relating to the provision and ongoing maintenance of a 5m "wildlife corridor" alongside the watercourse and a CIL Liability notice in the sum of £16,233.82.
TENURE
The property is freehold and will be sold with the benefit of vacant possession.
SERVICES
We understand that mains water, electricity and drainage are available to the premises. Interested parties should make their own enquiries of the relevant statutory providers.
Auction Details
The lot is to be sold by traditional online auction on Wednesday 29th January 2025 with an end time of 4pm.
An auction buyer’s fee of 3.6% (inc of VAT) is payable in addition to the purchase price.
The auction will be exclusively available online via the Rocket Auctions website including the legal pack information.
The registration process is extremely simple and free. Please visit the Rocket Auctions website, and click on the 'register' button (or login - if you have already registered).
Stage 1) Register your email address, create a password and confirm your account.
Stage 2) View the legal pack and arrange any viewings
Stage 3) If you would like to bid, use the 'dashboard' button and complete your ID check and enter your payment and solicitors details
Stage 4) You are ready to bid - Good Luck!
No deposit monies are required before you bid.Guide price(s) are an indication of the seller's expectation. Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction. The reserve price is not disclosed and remains confidential between the seller and the auctioneer and is set within the guide range.
A legal pack and special conditions are available to download to anyone who has registered. It is the purchaser's responsibility to make all necessary legal and financial enquiries prior to placing any bids.
The complete legal pack would need to be inspected before an offer would be considered.
Please get in touch if you have any questions regarding Online auctions or would like to arrange a viewing.
Summary
- Auction end
- 14th Feb at 17:25
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- Ask Agent
Summary
- Auction end
- 14th Feb at 17:25
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- Ask Agent
This property is being sold by:
Rocket Auctions
02081642892
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Rocket Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Rocket Auctions. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
