£780,000

Studio flat for sale

Lydbrook, Gloucestershire
studio Flat studio Flat
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Property description

Location
Lower Lydbrook, nestled in the Forest of Dean, Gloucestershire, is a charming village. The B4234 road runs through Lower Lydbrook, providing connections to the broader Forest of Dean District and beyond. While the village lacks a railway station of its own, there are convenient transportation services available that link to the railway stations in Lydney and Gloucester, facilitating travel to and from the area.Old Tin Works Development Site
The development site was historically home to the Tin Works at Lower Lydbrook. The site is allocated within the current Forest of Dean Local Plan (2006 – 2026) under the Allocations Plan reference AP92 and is also a proposed rollover allocation in the draft Regulation 18 emerging Forest of Dean Local Plan.Planning
Outline planning permission was secured on the site - Planning Application Reference P1303/13/OUT, dated 17th July 2014. The planning consent provides for ‘Outline application for the erection of 26 dwellings with ancillary works.’ A Reserved Matters application was approved under planning reference P1165/17/APP dated 16th January 2024. The planning consent provides for the provision of 26 open market dwellings without any Section 106 contributions. The development is not expected to deliver affordable housing due to a viability case having been presented as part of the outline application process.Please contact Powells for a copy of the prepared Planning Information Pack, which contains the Planning Decision Notice, Plans and supporting technical information. Interested parties attention is drawn to the details relating to the realigning and culverting of the existing culverted stream on site. Interested parties should be aware that a full unrestricted right of access for all times and all purposes for vehicles and on foot shall be reserved over the sale area for the benefit of the vendors retained land, as hatched in blue. Similarly a right to connect into and lay any services or utilities over the sale area for the benefit of the landowners retained land shall also be reserved in any sale.Key Information
Services: All interested parties should satisfy themselves to the availability and costs of connection for mains services and utilities to the site and make, and rely, upon their own enquiries.Sale Method: The Old Tin Works is available For Sale by Private Treaty. Please review the Letter that accompanies this Brochure for full details of the Sale Process.Tenure: FreeholdSale Terms: Offers are invited on a fully unconditional basis with evidence of proof of funds and confirmation of the ability to complete on the sale within 6 weeks of solicitors being formally instructed.Planning Information Pack: A Planning Information Pack is available by request.Site Area: The area of land being sold is approximately 4.859 acres (1.966 hectares) or thereabouts.Retained Area of Land & Access Rights: The purchaser will be obligated to construct a fully adoptable specification road and footway upto and adjoining the vendors retained land which may be used at all times and for all purposes with or without vehicles. The vendor shall require a right to connect into and/or lay any services and utilities in the sale area, for the benefit of their retained land.Public Rights of Way: Interested parties should be aware that there are existing public rights of way crossing the site.Local Planning Authority: Forest of Dean District Council. VAT: The land is ‘opted to tax’ and therefore VAT is applicable on the sale price.Expressions of Interest: Interested parties should formally express any interest in the site by emailing confirmation [use Contact Agent Button] to ensure that they can be provided with any updates that arise throughout the marketing period.Viewings: May be undertaken at any time during daylight hours with a copy of the brochure.Directions: From Cinderford follow the A4136 towards Worrall Hill. Take the right hand turn onto the B4234 towards Lydbrook. After a short while when passing into Lower Lydbrook the development land will be situated on your right hand side identified with a Powells For Sale board.What 3Words:  ///suits.upgrading.bends For further information please contact Stuart Leaver BSc (Hons) MSc MRICS FAAV at Powells.
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First listed

Over a month ago

Lydbrook, Gloucestershire

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Powells - Monmouth Singleton Court Business Centre, Wonastow Road Monmouth, Monmouthshire NP25 5JA
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