Riddle Street, Purton, Berkeley, GL13

Description

An opportunity to acquire a detached cottage requiring full renovation, providing opportunity for extension and reconfiguration, set within grounds of approximately 1.31 acres (0.53 hectares).

Situation

The property is located to the north west of the South Gloucestershire market town of Berkeley, enjoying a rural setting, whilst being on the edge of a hamlet and close to surrounding villages. The town of Berkeley offers everyday retail, education, and healthcare provision. Corner Cottage is well located to the regional motorway network, with the A38, Bristol Road being 3 miles away and M5 junction 14 being within 8 miles of the property providing regional access.

Accommodation

The accommodation requires full renovation and comprises entrance hall, kitchen, living room, utility room, a bathroom and conservatory to the rear of the property. To the first floor there are three double bedrooms. The property is connected to mains water, electricity, and drainage.

Outside

Externally, the grounds are extensive and there is access from Riddle Street.

Overage Clause

An Overage Clause will be included within the sale to the effect that if planning is granted for: (a) any additional buildings on the site, except for any buildings purely ancillary to the residential use of the single main dwelling; (b) conversion of any buildings or structures other than the main dwelling to any residential, commercial or industrial use; or (c) any change of use to commercial or industrial use, a £50,000 payment (index linked) per building or change of use, shall be payable to the previous Vendors or their successors in Title, for a period of 25 years on each occasion that such planning is granted.

Historic Use

Please note that the area shaded red on the sale plan previously accommodated a number of predominantly agricultural and ancillary commercial outbuildings of various construction that have now been removed by the previous occupier. The Vendor does not provide any warranty that all below ground foundations, services, materials, or other apparatus have been removed in entirety. The Buyer to make their own investigations in this regard.

Sale Method

The property is for sale by formal tender and tender forms shall be submitted within a sealed envelope marked “Corner Cottage” to David James, Well House, The Chipping Wotton-under-Edge, Gloucestershire, GL12 7AD prior to 12 noon on Tuesday 13th August 2024

Formal Tender

All tenders shall include a signed contract together with a banker’s cheque for 10% of the tender value payable to Loxley Solicitors. On acceptance of the tender the successful purchaser will enter into a binding contract to complete the purchase of the property within 42 days of the tender date. A Tender Bid proforma and sale contract is available within the legal pack for the property, available from Loxley Solicitors, or the agents.