0.19 Acres
For Sale
Development / Residential
| Property Type | Development / Residential |
| Tenure | For Sale |
| Size | 0.19 Acres |
| Energy Performance Rating | This property has been set as EPC exempt. Reason: No building present |
The property lies on the north side of Reading Road adjacent to its junction with Bourne Road in the sought after village of Pangbourne, Berkshire.
Pangbourne train station lies ½ mile to the west which provides direct train services to London Paddington, whilst Junction 12 of the M4 motorway lies approximately 5 miles to the south.
Reading town centre lies approximately 5 miles to the east.
The property provides a relatively level, square shaped site of approximately 0.075 hectares (0.186 acres) which formerly provided a detached bungalow.
The former bungalow has now been demolished, its foundations removed, and the site cleared in readiness of its redevelopment.
We would refer you to the attached Site Location Plan 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.
Mains water and electricity services are already connected to the site for construction purposes.
The property is not elected for VAT and VAT will not be payable on the purchase price.
The property was granted planning permission on 2nd September 2022 for “Demolition of existing bungalow, brick outbuilding and garage; construction of 4 flats, with associated parking, widened site entrance, new fences and drainage” (application reference no. 22/01616/FULD).
The property was also granted approval for a Section 73 application on 15th March 2024 to “vary conditions 2 (Plans), 4 (CMS), 8 (FFL) and 9 (Materials) of approved 22/01616/FULD - Demolition of existing bungalow, brick outbuilding and garage; construction of 4 flats, with associated parking, widened site entrance, new fences and drainage” (application reference no. 223232).
The consented development scheme will provide the following accommodation, measured on a Gross Internal Area basis:
- Flat 1 (2 bedroom ground floor): 70.7 sqm (761 sq.ft)
- Flat 2 (2 bedroom ground floor): 70.7 sqm (761 sq.ft)
- Flat 3 (2 bedroom first floor): 70.7 sqm (761 sq.ft)
- Flat 4 (2 bedroom first floor): 70.7 sq.m (761 sq.ft)
- Total Gross Internal Area: 282.8 sq.m (3,044 sq.ft)
Externally, 6 no. car parking spaces, private and communal gardens and bin and cycle storage facilities will be provided within the development.
The various surveys, reports and drawings which supported the planning application and S73 application are available to view on West Berkshire Council’s planning portal and can be assigned to the purchaser upon completion of the sale.
Working drawings for the development have been produced and can be assigned to the purchaser upon completion of the sale.
The Community Infrastructure Levy (CIL) charge for the development has already been paid by the vendor.
The vendor has already purchased the bricks for the development which will be left on site for use by the purchaser upon completion of the sale.
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.
Guide Price: OIEO £600,000.
Written offers for the property are invited by 12 Noon on Thursday 18th July 2024.
For full details on the method of sale please refer to the Particulars of Sale.
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:
- Planning Documents
- Working Drawings
- Topographical survey
- Ground Investigation Report
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.
