Southam is a small village located to the north east of Cheltenham. Sites 7034, 7045 and 7066 are all located directly adjacent to Southam's settlement boundary.
Southam is identified as a Medium Fourth Tier Settlement in the Emerging Gloucestershire Joint Core Strategy, where limited development would be considered acceptable .
Sites 7034, 7045 and 7066 are located within the Green Belt (GRB1).
Environment Agency Flood Risk mapping for land-use planning, indicates that all of the sites are located in Flood Risk Zone 1.
It is appreciated that potential future residential planning applications of the sites would need careful consideration of the surrounding policy designations and rely on their proximity to the sustainable settlement boundary of Southam.
I would be grateful if you could please confirm whether you are interested in this site by submitting an offer, for an Option, Promotion Agreement, including the following headings as a minimum (if Promotion/Option Agreement):
- Purchase Price - Percentage of Market Value (If Option Agreement)
- Percentage of sale price to the retained by the landowner (If Promotion Agreement)
- Deductible costs and any caps
- Minimum price per gross acre within a consent
- Term of Agreement
In addition, we note that our client's professional (legal and surveyors) costs incurred will be payable by yourselves but we should expect these costs to be deductible from the eventual sale price (if option/promotion agreement).
( Agency Pilot Software Ref: 3467 )