Walsham-Le-Willows, Nr Bury St Edmunds, Suffolk

Guide Price £750,000 Sold STC Residential Development Site
A residential development site with planning permission for up to 22 dwellings extending to 1.33 acres (0.54 hectares) forming part of the well regarded and accessible village of Walsham le Willows
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Outline planning permission has been granted for the development of up to 22 residential units, of which 35% shall be affordable. The site extends to 1.33 acres (0.54 hectares).

Location The site is situated in a pleasant rural location with views to open countryside. It is near to the centre of the village of Walsham le Willows. Walsham-le-Willows has a public house, The Blue Boar Inn, and primary school with further day to day facilities being available in the small historic town of Ixworth, which is within 5 miles. Ixworth has local shopping, doctors surgery, various takeaways and schooling.

The large town of Bury St Edmunds is about 9 miles to the south-west. Bury is a thriving market town with a good supply of both independent and chain shopping. It also has rail connections. The County Town of Ipswich lies about 25 miles to the south-east. Stansted Airport is easily accessible via the A14, A11 and M11, being around 50 miles from the site.

Description Mid Suffolk District Council granted planning consent on 31st May 2017 (Ref: DC/17/02783) for the erection of up to 22 dwellings, this was an outline planning consent with all matters reserved. Full detail of the planning consent is available and interested parties should request consent for access.

The planning permission is also subject to a Section 106 Agreement dated 25th May 2018 which places various obligations on the site. A copy of this document is also available and purchasers must satisfy themselves in respect of these obligations.

Boundaries The boundary of the site is as per the red line boundary shown in the particulars. Within three months of exchange of contracts, the purchasers shall be responsible for accurately pegging the boundaries on site in accordance with the red line plan, such boundary to be agreed with the vendor.

Community Infrastructure Levy (CIL) A Community Infrastructure Levy (CIL) will be payable in accordance with the requirements of Mid Suffolk District Council at the time. Purchasers must satisfy themselves in this regard.

Services We understand that mains water is available adjoining the site and electricity crosses it. Documentation relating to the overhead power supply is also available. It has been confirmed that this can be diverted or placed underground. We understand there is a mains sewer adjoining. It is the purchaser’s responsibility to satisfy themselves in relation to provision of the services.

Planning The planning consultants involved in this work to date are Evolution Town Planning Ltd of Opus House, Elm Farm Park, Thurston, Bury St Edmunds, IP31 3SH. For the attention of David Barker. Telephone 01359 233663 and email david@evolution-planning.co.uk.

Affordable Housing Details of the affordable housing provision are within the Section 106 Agreement and purchasers must satisfy themselves. This refers to 35% affordable housing (rounded to the nearest whole number without exceeding 35%) with a tenure split being 70% affordable rented housing units and 30% shared ownership dwellings.

Phase II Site Investigation A Phase II site investigation has been completed and is available by request.

Local Authority Mid Suffolk District Council; Tel 0300 1234000

Timing We are instructed to invite offers by informal tender on or before 12th April 2019. Offers should be for a fixed amount and no escalating bids will be accepted. You should make clear any assumptions that you have made, confirm who your legal representatives are, that funds are in place for the purchase and the time frame upon which you expect to be able to perform. Any conditions relating to your offer should be detailed within the offer and our clients have asked us to make it clear that they will favour bids without conditionality.

Legal Costs The purchaser will be expected to give a legal cost undertaking of up to £10,000 in the event that they withdraw from the transaction following an agreement of Heads of Terms and issuing of the contract documentation.

Outgoings The land is sold subject to any drainage rates and other outgoings that may be relevant.

Tenure The land is sold freehold with vacant possession.

Viewing The site can be viewed at any time with the agent’s sales particulars in hand.

NOTE These particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract. No responsibility can be accepted for any expenses incurred by intending purchasers or lessees in inspecting properties which have been sold, let or withdrawn. No warranty can be given for any of the services or equipment at the property and no tests have been carried out to ensure that heating, electrical or plumbing systems and equipment are fully operational. Any distances, room aspects and measurements which are given are approximate only. No guarantee can be given that any planning permissions or building regulations have been applied for or approved.

March 2019