2.17 Acres
For Sale
D1 / Development
| Property Type | D1 / Development |
| Tenure | For Sale |
| Size | 2.17 Acres |
| Energy Performance Rating | This property has been set as EPC exempt. Reason: No building present |
The property lies on the north side of Church Lane in the popular village of Three Mile Cross to the south of Reading, Berkshire.
Reading town centre lies approximately 4 miles to the north.
The property benefits from excellent road network links, lying just ¾ of a mile to the south-east of Junction 11 of the M4 Motorway.
We would refer you to the location plan within the particulars of sale for further information.
The property provides a relatively level site of approximately 0.88 hectares (2.17 acres) which currently comprises grassed fields and areas of concrete hardstanding with vehicular access from Church Lane.
The property is bordered by agricultural land at its northern and western boundaries, a modern church at its eastern boundary and Church Lane at its southern boundary.
We would refer you to the Ordnance Survey extract plan within the particulars of sale which shows the boundaries of the property edged in red.
The entire property is freehold.
Full vacant possession of the property will be given on completion of the sale.
We understand that mains electricity, drainage, gas and water services are in vicinity of the property and available for connection. However, prospective purchasers are advised to make their own independent enquiries of the individual authorities to verify the capacity and availability of such services.
The property is not elected for VAT and VAT will not be payable on the purchase price.
The vendor may require a vehicular access across the property from Church Lane to their retained land to the north.
The property was granted planning permission on 3rd February 2020 for “Full application for the proposed erection of a Montessori Nursery, Community Use Studio, Café with kitchen, car parking and vehicle access, following demolition of existing derelict farm buildings” (application reference no. 192874).
The property was granted planning permission on 12th December 2022 for “Application to vary condition 5 of planning consent 192874 for the proposed erection of a Montessori Nursery, Community Use Studio, Café with kitchen, car parking and vehicle access, following demolition of existing derelict farm buildings. Condition 5 refers to Off site works, (No development shall commence until the footway and dropped curb are in place) and the variation is to allow off site works to be carried out prior to occupation” (application reference no. 223232).
On 26th October 2022, an application for “submission of details to comply with the following condition of planning consent 192874. Condition 3. Cycle Parking. 4. Electric Vehicle Charging Points” was approved (application reference no. 222787).
On 25th November 2022, an application for “submission of details to comply with the following condition of planning consent 192874. Condition 5 Off site works Condition 6 Drainage details” was approved (application reference no. 223110).
On 5th July 2023, an application for a Certificate of Lawfulness to provide confirmation that the development approved under 223232 has been lawfully implemented prior to the expiry date of the planning permission was granted (application reference no. 231128).
The consented development scheme will provide the following accommodation, measured on a Gross External Area basis:
Montessori nursery building (D1 non-residential institutions use): 580 sqm (6,243 sq.ft)
Studio/community building (D2 assembly and leisure use) 216 sqm (2,325 sq.ft)
Kitchen/dining building (A3 restaurants and cafes use): 80 sqm (861 sq.ft)
Total Gross External Area: 876 sq.m (9,429 sq.ft)
Externally, 33 car parking spaces, amenity areas and a water attenuation pond will be provided within the development.
The various surveys, reports and drawings which supported the planning application are available to view on Wokingham Borough Council’s planning portal and can be assigned to the purchaser upon completion of the sale.
Implementation of the property’s planning permission would not incur a Community Infrastructure Levy (CIL) charge.
The property’s freehold interest is offered for sale by way of informal, non-binding tender with the vendor reserving the right not to accept the highest or any offer and also reserving the right to withdraw the property from sale or to vary the method of sale at any time without notice.
If an offer is accepted, exchange of contracts is to take place within six weeks of the purchaser’s receipt of the draft sale contract and completion is to take place within four weeks of exchange of contracts.
A 10% deposit will be payable on exchange of contracts and the full balance of the purchase price will be payable immediately upon completion of the sale.
All offers should state whether they are dependent on bank or similar finance being available with confirmation or proof of funding.
Written offers for the property are invited by 12 Noon on Friday 28th June 2024.
All offers should be marked “Land at Shinfield Court, Three Mile Cross - Offer to Purchase” and addressed to:
Mr Chris Newman, Haslams Surveyors LLP,
Apex, Forbury Road, Reading, Berkshire RG1 1AX or chrisnewman@haslams.co.uk
To comply with Anti Money Laundering regulations, Haslams Surveyors LLP undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.
A copy of the Information Pack is available to interested parties upon request.
The Information Pack includes:
1. Planning Documents
2. Ground Investigation Report
3. Diversions Report
4. Topographical survey
All enquiries should be directed to the vendor’s sole agent:
Mr Chris Newman
Haslams Surveyors LLP
Apex
Forbury Road
Reading
Berkshire RG1 1AX
Telephone: 0118 921 1521 (Chris Newman Direct Line)
Telephone: 0118 921 1500 (Switchboard)
Or Email: chrisnewman@haslams.co.uk
Please note that parties must not enter the property outside the viewing times without our prior authority and any inspection of the property is at the prospective purchaser’s risk.
