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Land for sale

Sale by tender

B4367, Bucknell SY7

210,973 sq. ft*
Interested in this property? Call +44 1952 476604 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Introduction


Madeleys Chartered Surveyors are delighted to offer the
opportunity for developers to enter into an Option
Agreement for residential development of this versatile
block of pastureland, situated on the fringe of the village of
Bucknell.

Situation


The land is situated on the fringe of the village of Bucknell
adjacent to the Redlake Meadow residential estate offering
significant potential for future development for residential
purposes.
Bucknell is a picturesque village nestling in the Teme Valley
in unspoilt South Shropshire countryside being 6 miles from
the border town of Knighton, 9 miles from the market town
of Craven Arms and 11 miles from the historic town of
Ludlow.
We believe that there are no technical issues which would
prevent the site coming forward for residential
development in the future. The site is in single ownership
and there are no physical or legal impediments which
would prevent the development. Having reviewed the local
property market, there is a consistent demand for medium
sized and mid-price dwellings at the settlement due to its
facilities and road and rail networks.
Further details and copy documentation of the previous
applications can be provided on request.

Option agreement


The landowners are currently considering an appeal of the
most recent planning application and have asked Madeleys
Chartered Surveyor as acting agents to investigate the
possibility of entering into an Option Agreement with an
appropriate developer to work together to obtain the
appropriate planning permission for residential
development.
We are requesting that any potential developer should
contact us as agents in the first instance to discuss. We will
then, as appropriate, forward an Option Pack of the site, with further information, planning history and tender
documents for completion.
The landowner is wishing to enter into an option
agreement with an appropriate developer to facilitate the
residential development of the site. Any interested parties
should contact the agents in the first instance to discuss
and they will be forwarded an option pack to include
planning history and tender documents.
This is an informal tender. We will be requesting proposed
terms of the option to include option fee, purchase price, etc., and draft Heads of Terms for an agreement.

Property info

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Madeleys Chartered Surveyors, TF13 on +44 1952 476604 * (local rate)

Contact Madeleys Chartered Surveyors about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Madeleys Chartered Surveyors, and do not constitute property particulars. Please contact Madeleys Chartered Surveyors for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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