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£ 700,000

Chadwich Grange Farm

Farm Property and Land£ 700,000Trade


(Your attention is drawn to the important notice on the last page of the text)

The Property
Chadwich Grange comprises a farmhouse, a range of traditional farm buildings and some more modern general purpose agricultural buildings in addition to a small parcel of paddock/amenity land.

The property benefits from two separate planning consents allowing for the conversion of the agricultural buildings into 4 no. residential units (C3 Use Class). The planning consents are as described below and are subject to a number of conditions:

Planning permission was granted by Bromsgrove District Council on 2nd October 2015 under reference no. 15/0636 for the conversion of 3 no. agricultural buildings into residential use (C3 Use Class) including demolition of 1 no. agricultural barn. Planning permission was granted by Bromsgrove District Council on 18th January 2017 under reference no. 16/1113 for the conversion of 1 no. agricultural building into residential use (C3 Use Class) including the demolition of the existing lean to and the addition of an extension. The planning permissions allow for the conversion of barn A, B, C and F as identified on the site plan and allow for 2 no. 2 bed dwellings and 2 no. 3 bed dwellings.

Barn A ? 2 bedrooms
Barn B ? 3 bedrooms
Barn C ? 3 bedrooms
Barn F ? 2 bedrooms

A copy of the planning consents and associated documents are available on the Local Authority's website and within the electronic information pack. Interested parties should be aware that a small area of land included in the original planning application (reference no. 15/0636) is excluded from the proposed sale. Further details are available from the sole agents.

Overage Provision
The Property will be sold subject to an uplift clause which will specify that 30% of any increase in value of the land or buildings due to any development (as defined by in Section 55 of the Town and Country Planning Act 1990) in addition to that detailed in the planning consents dated 2 October 2015 (15/0636) and 18 January 2017 (16/1113)) will be payable to the Vendor should such development occur within 50 years from the date of completion. The uplift will be payable upon sale or implementation but shall not be triggered by any development for agricultural and/or equestrian purposes.

The Farmhouse
The farmhouse is of brick construction with rendered walls under a tile roof. The farmhouse is currently let by way of an Assured Shorthold Tenancy. Further details are available from the sole agents. The farmhouse extends to approximately 3,546 square feet (329 square metres) and comprises a main entrance lobby, a well apportioned kitchen, three reception rooms and adjoining annexe. The first floor comprises four double bedrooms, one with en-suite, a family bathroom and separate WC. The farmhouse has a large garden to the front and side elevations with decking area as well as ample off road parking.

Council Tax ? Band F
EPC rating - E

The Farm Buildings
The farm buildings are sited to the north and west of the farmhouse and comprise a mixture of traditional brick and tile barns in addition to more modern steel portal frame livestock and general purpose buildings. The buildings are further described (with reference to the site plan) as follows;

A ? Redundant single storey brick building under tiled roof extending to about 88 square metres.
B ? Former dairy parlour. Two storey brick building under tiled roof extending to about 82.5 square metres (ground floor).
C ? Two storey (in part) brick building under profile sheet roofing and extending to about 43 square metres (ground floor).
D ? Livestock building of concrete frame construction under profile sheet roofing. Adjoining concrete framed general purpose building under profile sheet roof. Extending to about 615 square metres.
E ? Livestock building of steel portal frame construction under profile sheet roof. Extending to about 230 square metres.
F ? Redundant single storey brick building under profile sheet roof. Extending to about 75 square metres.
G ? Steel framed open fronted storage building with profile sheet cladding to sides, rear elevation and roof.
H - Steel portal frame barn with profile sheet cladding to sides, rear elevation and roof.

General Remarks and Stipulations

We understand that mains electricity is connected to the farmhouse. Drainage is to a private system (septic tank and reed bed system). The farmhouse is heated by an oil fired central heating system. Water is currently sourced via a private supply from a borehole upon neighbouring land. It is the Vendor's intention to remove access to this supply within three months of completion. The purchaser(s) will be obligated to connect the property to the nearest mains water supply at their own cost and the Vendor will provide consent if necessary to access such supply across their retained land.

The unadopted private access track leading directly off Redhill Lane will be included within the freehold of the property. The purchaser(s) will be required to keep the access in good repair and the Vendor will retain a right of way over it for all purposes and at all times. The purchaser(s) will be granted a right of way for all purposes at all times along the access track leading from the property under the M5 Motorway to Malthouse Lane, as coloured brown on the site plan. The Vendor will retain the freehold title to this access but will not be responsible for any future maintenance and/or improvements.

Method of Sale
The property is being sold as a whole, with vacant possession available on completion.

Conditions of Sale
1. The purchaser(s) will connect a new mains water supply to the property within 3 months of completion of a sale. It is the Vendor's intention to remove the private water supply connection to the property within 3 months of completion of a sale.
2. The purchaser(s) will be required to install where necessary and maintain a stock proof fence upon the boundary with the retained land owned by the Vendor. Such fencing specification type and design is to be agreed with the Vendor.

Information Pack
An information pack is available electronically from the sole selling agents upon request and will include:

? Copies of all planning permission documents
? Copies of all tenancy agreements
? Sale Plan
? Title documents
? Photographs

Local Authority
Bromsgrove District Council Parkside,Market Street Bromsgrove Worcestershire B61 8DA - Click here to reveal phone number -
The purchaser(s) will satisfy themselves as to the ownership of any boundaries.

Sporting, Timber and Mineral Rights
The sporting, timber and mineral rights so far as they are owned are included in the sale.

Wayleaves and Rights of Way
The property is sold subject to, or with the benefit of all covenants, rights of way and wayleaves that exist whether mentioned in the particulars or not.

Fixtures and Fittings
All tenants' fixtures and fittings are specifically excluded from the sale of the freehold of the property.

Strictly by appointment with the sole selling agent. Interested parties are strictly prohibited from visiting unaccompanied. Viewing dates are available from the sole agents.

Value Added Tax
The non-residential element of Property is opted for V AT and this will be charged to the Purchaser at the standard rate on the relevant proportion of the purchase price. However, in the event that the Purchaser intends to use the buildings within the non-residential element as one or more private dwellings, then subject to complying with the provisions contained in HMRC's VAT notice 742A, para 3.4, an additional proportion of the purchase price will not attract VAT. Stamp Duty is payable on the full purchase price including VAT if applicable and all proposals should be made and will be assumed to have been made excluding VAT.View payable Stamp Duty for this property...Read full description
Price£ 700,000
Sale typeTrade

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