Land At Blandy's Lane

Upper Basildon, Reading, RG8 8NY

15.57 Acres
For Sale
Land / Residential

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Agricultural grazing land of approx 15.57 acres situated in an edge of settlement position with long term potential for development for sale

Property Type Land / Residential
Tenure For Sale
Size 15.57 Acres
Energy Performance Rating This property has been set as EPC exempt.
Reason: No building present

Key Features

  • Edge of settlement position
  • Long term potential for development
  • Closing date for offers: 12 Noon Thursday 27th January 2022

Location

The property lies on the west side of Blandy’s Lane approximately 150 metres to the north of its junction with Mead Lane in a rural location on the outskirts of the village of Upper Basildon, West Berkshire.

Pangbourne village centre and Pangbourne railway station lie approximately 3 miles to the east of the property whilst the major town of Reading lies approximately 5 miles further to the east.

Junction 12 of the M4 motorway lies approximately 6.5 miles to the south-east.
 
We would refer you to the location plan for further information.

Description

A copy of the 1:2500 Ordnance Survey extract plan within the particulars of sale shows the approximate boundaries of the property edged in red.

The property comprises an irregular shaped parcel of grassed agricultural land of approximately 6.30 hectares (15.57 acres) which gently slopes from north-west to south-east.

The property is contained by post and wire fencing and hedges and is bordered by Blandy’s Lane at its eastern boundary, agricultural land at its northern and southern boundaries and private detached dwellings along Emery Acres Lane and Basildon Primary School at its western boundary.

The property contains a disused chalk pit covered by foliage and two electricity pylons.

Vehicular and pedestrian access to the property can be achieved directly from Emery Acres Lane via a metal farm gate at its western boundary, with a further access from Blandy’s Lane at its eastern boundary.

We would refer you to the photographs of the property for further information.

Tenure

The property will be sold freehold with full vacant possession available upon completion of the sale.

Services

Mains water and electricity services are believed to be available in the vicinity for connection to the property. However, prospective purchasers are advised to make their own independent enquiries of the individual authorities to verify the capacity and availability of such services.

Planning

Our enquiries with the local planning authority reveal that the property has no recent material planning history.

The property is located outside but immediately adjacent to the Upper Basildon Settlement Boundary as defined in the adopted West Berkshire District Local Plan.

We would refer you to the Settlement Boundary Plan accompanying these particulars of sale which shows the subject property edged green.

Due to the property’s edge of settlement position, we believe it could hold potential for some form of development in the long term.

Any planning related queries should be directed to the Local Planning Authority: West Berkshire Council.

Method of Sale

The property’s freehold interest is offered for sale by way of informal, non-binding tender on an unconditional basis (subject to contract only) 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.

A non-refundable deposit of 10% of the sale price will be payable upon exchange of contracts.

Completion is to take place within 28 days of exchange of contracts.

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 Thursday 27th January
 
All offers should be marked “Land at Blandy’s Lane Upper Basildon - Offer to Purchase” and addressed to:
 
Mr John Radford, Haslams Surveyors LLP,
County House, 17 Friar Street, Reading, Berkshire RG1 1DB or Johnradford@haslams.co.uk

Overage

The vendor will require an overage payment if planning permission is granted for development on the property within 21 years from completion. The amount of overage payable will be equivalent to 25% of the uplift in the value of the land attributable to the grant of the planning permission over and above the current sale price making allowance for inflation based on RPI.

Enquiries

All enquiries should be directed to the vendor’s sole agent: Mr John Radford, Haslams Surveyors LLP.

Viewings

Block viewings of the property will take place on the following days (No appointment necessary):

Wednesday 5th January 2022 at 10.00am
Wednesday 12th January 2022 at 10.00am
Wednesday 19th January 2022 at 10.00am
Wednesday 26th January 2022 at 10.00am

Please note that parties must not enter the property outside the block viewing times without our
prior authority and any inspection of the site is at the prospective purchaser’s risk.