Penzoy Nursery, Brownwich Lane, Fareham, Hampshire, PO14

VIEWING INSTRUCTIONS: Strictly and only by prior appointment with the Selling Agent. It is essential to view the drone video footage, and read the full details available on our website prior to arrange a viewing.

DRONE VIDEO FOOTAGE: See our website for additional details, photographs and drone video footage showing the whole Property.

LOCATION: See Location Plan. The main entrance to Penzoy Nursery is off Brownwich Lane, Postcode PO14 4NY. What3Words:

DIRECTIONS: From Warsash Road, Titchfield take the turning signposted Common Lane then after approximately 125ft turn right into Brownwich Lane. Continue along Brownwich Lane for approximately 0.2 miles and the entrance to the Property will be on the right.

DESCRIPTION: Penzoy Nursery extends in all to approx. 3.22 acres (1.30 ha) as coloured on the Site Plan 1 and 2. The Property is a well-established horticultural premises from which the Vendors ran a successful commercial farming enterprise growing tomatoes until 2004. From 2004 until recently, the main horticultural premises was let to another local agricultural producer for growing soft fruit. The premises are now vacant.

The Property comprises a number of buildings, two of which have Class Q Consent to Convert to Residential Dwellings (Lots 1 and 2), a significant area of glasshouses (Lot 3) and block of pastureland (Lot 4) to the west with a separate vehicular access off Brownwich Lane. Parts of the Property lend themselves to alternative potential uses, subject to planning where needed. Access is via Brownwich Lane (a private road) over which the Property has a right of way.

The Property is available For Sale as a Whole or in a combination of up to 4 Lots - See Site Plan 1 and Buildings Plan. The Lots are marked on the ground with pegs and paint.

Lot 1 - Building A with Class Q Consent (66m²/710ft²) - approx. 0.09 acres in all including Building B (13m²/139ft²) and part of Glasshouse 1 (84m²/904ft²).

Lot 2 - Building C with Class Q Consent (73m²/784ft²) - approx. 0.24 acres in all including Buildings D (47m²/505ft²) and E (11.9m²/127ft²) and access track.

Lot 3 - Part of Glasshouse 1 (1,605m²/17,281ft²) and the entirety of Glasshouse 2 (3,415m²/36,764ft²) with road frontage onto Brownwich Lane and access - approx. 1.54 acres in all. Right of Way over Lot 2 - hatched green on Site Plan.

Lot 4 - Pastureland with Shared Access - approx. 1.35 acres in all. Right of way over Lot 3 - hatched blue on Site Plan.

CLASS Q DEVELOPMENT: Planning Consent was achieved on 10th January 2024 from Fareham Borough Council under application ref. P/23/1534/PC to convert two of the buildings on the Property (marked A and C on the Building Plan within Lots 1 and 2) to residential use. A 3 year period to complete this development commenced on 10th January 2024. Subject to planning, it may be possible to "trade" the two consents in for a single larger dwelling.

See Plans, Elevations and Decision Notice on the Selling Agent's website.

DEVELOPMENT POTENTIAL: Due to the location of the Property and the structures on-site, there has been interest in the Property from developers in recent years. There is no current Option or Promotional Agreement in place. In light of this potential developability, the Vendors intend to impose a Development Overage on Lots 3 and 4 - see Development Overage section later in these Particulars.

TANKS: There are two large oil tanks and a further smaller tank situated in Lot 2 at the positions marked T on Site Plan 1. These were used to store oil and supply the boilers in Building D which heated the greenhouses when they were in horticultural use. These will remain on the Property or be responsibility for a Purchaser to remove.

LAND: Lot 4 consists of land previously in recreational use and suitable for continued amenity use or agricultural/grazing use. The land is classified as Grade 4 and freely draining slightly acid loamy soils. There is a stream, broadleaf woodland and a pond at the western boundary.

A small area on the western boundary is part of the Hookgate/North Heath/Chilling Moor Copses Site of Importance for Nature Conservation (SINCS) - For the SINC Information Leaflet and SINC Local Plan Policy see our website. There is also designated Ancient Woodland immediately adjacent to the western boundary- See our website for the Local Plan Policy.

SERVICES: Mains water and electricity is connected.

LAND REGISTRY: The Property comprises part of Land Registry Title HP454516 which is available on the Selling Agent's website.

EASEMENTS/THIRD PARTY RIGHTS: There are no easements, wayleaves or other third party rights burdening the land mentioned on the Land Registry Title. Brownwich Lane over which the Property has a right of way is also a Public Footpath.

LOCAL AUTHORITY: Fareham Borough Council, Civic Offices, Civic Way, Hampshire, PO16 7AZ.

BUSINESS RATES: None currently demanded.
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LOT 3 AND 4 ONLY - DEVELOPMENT OVERAGE: The Vendors are mindful to retain a 30% share of any increase in value caused by planning consent for residential or commercial development within a 40 year period. If such development is achieved then a Purchaser will therefore benefit from the remaining 70%. This overage will not affect agricultural or equestrian uses or other types of use or planning consents that do not involve or are related to the construction of commercial buildings or housing. This proposed overage will not be applied to any future development within Lots 1 and 2 and so will not impact the Class Q consents.