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Agent's details

Former ATS Euromaster Garage Site, New Road

For sale: £1,500,000.00|0.71 Acre|Other, Land, Other Property Types & Opportunities, Commercial Land

Property details

FOR SALE£1,500,000.00
SIZE0.71 Acre
ADDRESSFormer ATS Euromaster Garage Site, New Road, Shaftesbury, SP7 8QH
TYPEOther, Land, Other Property Types & Opportunities, Commercial Land
TENUREUnder Offer, For Sale Freehold
POSTED ON16th October 2023

Description

Key Points

  • Development Opportunity
  • Freehold available
  • Site area of 0.7096 acres (0.2872 ha)
  • Town centre location
  • Planning permission granted (P/FUL/ 2021/01338) for 24 unit scheme (9 houses and 15 apartments
  • No affordable or CIL to pay
  • Guide Price £1,500,000
  • Summary

    A development opportunity with planning permission granted for 24 unit scheme in Dorset

    Description

    The site extends approximately 0.7096 acres (0.2872 ha) and comprises a cleared vacant and level plot of previously developed land on the northern western side of New Road. There are residential developments at either side of the site. To the north east, the character of the properties are predominantly comprised of detached dwellings in spacious plots with large setbacks from the road, a character typical of New Road.
    The south western side of the site is bounded by Kings Hill, a quiet residential cul-de-sac with higher density housing closely related to the character of the town centre. The structure has been cleared and the site has been remediated (confirmation provided upon application) and the site is ready
    for development. The structure has been cleared and the site is ready for development.

    Location

    The site is located in a prominent position on New Road at the junction with Bleke Street to the north of Shaftesbury, Dorset. Shaftesbury lies on the A30 road 20 miles (32 kilometers) west of Salisbury, near the border with Wiltshire. It is the only significant hilltop settlement in the county of Dorset,
    being about 215 meters (feet) above sea level on a greensand hill on the edge of Cranbourne Chase. The town overlooks Blackmore Vale, part of the River Stour basin. The immediate vicinity of the site is predominantly residential with some retail use, La Fleur de Lys hotel and Kings Arms public
    house located nearby. At the 2011 census, the population of Shaftesbury was approximately 7,314.

    Proposed Accommodation

    In 2018 Planning permission was granted under application number 2/2019/0680 for the construction of 18 dwellings within a terrace of nine houses and an apartment block of nine flats.

    The flat sizes were considered excessive and in order to optimise the site, our client secured planning(P/FUL/2021/01338) to alter the internals of the apartment block only and therefore secure a planning permission for 9 x 3 bedroom townhouses and 15 x 2 bedroom apartments, as per the proposed accommodation schedule shown within the property brochure.

    Planning

    There are no listed buildings on the site, nor does it fall within a conservation area.

    The local authority is North Dorset District Council.

    The site has the benefit of planning under Application Number P/FUL/2021/01338.

    For more information please contact North Dorset District Council planning department.

    Tenure

    Freehold.

    Statutory Costs

    There is no affordable to provide or CIL to pay. S106 is approximately £24,000. Details of appropriate statutory costs will be provided to
    interested parties upon application.

    Guide Price

    Offers are invited in the order of £1,500,000 for the freehold interest, subject to the consent for 9 houses and 15 apartments.

    Savills have resale pricing available upon request and subject to status.

    EPC

    The site is currently vacant and cleared. The energy performance of the individual units will be assessed upon completion of the development.

    VAT

    The sale price is exclusive of any VAT which, if applicable, will be in addition at the appropriate rate.

    Viewing

    External viewings are advised in the first instance. A more formal viewing can be arranged by appointment with Savills.

    AML

    In accordance with anti-money laundering regulations, the successful purchaser will be required to provide identification documents
    upon request and without delay.

    Location

    marker
    Location: Former ATS Euromaster Garage Site, New Road, Shaftesbury, SP7 8QH

    Gillingham (Dorset) (3.7 miles)

    Tisbury (6.3 miles)

    Templecombe (9.5 miles)

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