An exciting development opportunity situated in a rural location 3 miles North East of March. Originally built as a "model farm" and comprising a range of former agricultural brick barns with planning consent for conversion to 6 dwellings and adjoining bungalow for renovation. The whole 7 units offered for sale at a guide price of £500,000.
Stags Holt, Coldham Bank, Coldham, March, Cambridgeshire PE15 0BS. 3 miles North East of March. 2.5 miles from March Rail station (Trains to Peterborough, Cambridge and London). Cambridge 35 miles and Peterborough 20 miles.
Stags Holt comprises a range of former agricultural brick barns, built as a "model farm", with planning consent for conversion to 6 dwellings, together with adjoining bungalow for renovation. The property comprising 7 units is for sale as a whole by Private Treaty at a Guide Price of £500,000.
Set within approximately 19 acres of tree lined grassland which may be available by separate negotiation if required.
Full planning consent has been granted under reference F/YR16/0717/F by Fenland District Council on 11th August 2017 for conversion of the former agricultural buildings into 6 dwellings and extension of existing dwelling. Plans showing the proposed conversions are reproduced overleaf.
The purchaser will be required to make the required S106 affordable housing contribution of £72,000.
The property represents an opportunity to acquire potential dwellings of real character, situated in a quiet location within fenland countryside, but within easy reach of the facilities of the town of March, with its retail, employment and transport facilities (rail station to Peterborough, Cambridge and London).
Viewing is available by arrangement with our March Office. Please ask for details.
The property is offered for sale as a whole and comprises the following:
UNIT 1 - BARN 1
To the south of the entrance gatehouse, a single storey brick and slated unit with consent for a three bedroomed, 2 bathroom dwelling, having large open plan living area, utility and study. Around 195 sq m Gross Internal area with garden and parking for 3 cars. This unit is situated on the eastern side of the complex and will enjoy views over the surrounding farmland from most principal rooms.
UNIT 2 - BARN 2
Large single storey unit with potential for extensive and spacious accommodation including 4 bedrooms, 3 bath/shower rooms, lounge, snug, study, kitchen/diner, utility in addition and external storage. This barn is situated in the central southern section of the site, with views from the kitchen dining room south across the garden and surrounding land. Around 365 sq m Gross Internal area with gardens to two sides and parking for 3 cars. Demolition of the more modern building currently within the curtilage of this unit will be the responsibility of the purchaser.
UNIT 3 - BARN 3
Large single storey unit with consent for a 4 bedroom, 3 bath/shower room unit with lounge, kitchen/dining room, hall, wc and utility in a horseshoe layout. Around 260 sq m Gross Internal area with gardens to three sides and parking for 4 cars. This barn is situated in the south western corner of the site with views out across the gardens and the wider fenland landscape.
UNIT 4 - BARN 4
The largest unit on the site and with consent for conversion to two storey accommodation comprising hall, lounge, snug, playroom, large kitchen/diner/family room, study, utility and shower to the ground floor, parts with full height void above and 5 bedroom, 3 bath/shower rooms to first floor. Around 420 sq m Gross Internal Area with gardens to three sides and parking for 3 cars. This barn occupies the north west corner of the site with views out across its garden and the surrounding farmland
UNIT 5 - BARN 5
Having consent for a 3 double bedroom, 3 bath/shower room unit with spacious proposed accommodation also including hall, wc, large kitchen/dining living room, pantry and utility space. About 224 sq m Gross Internal area plus gardens to 3 sides and parking for 2 cars. This unit occupies the central northern section of the site with good size gardens.
UNIT 6 - BARN 6
Having consent for a 2 bedroom, 2 bath/shower room unit in the north eastern corner of the site. The proposed accommodation includes hall, wc and L shaped living/dining/kitchen area. About 122 sq m Gross Internal area plus gardens to 2 sides and parking for 2 cars.
UNIT 7 - Existing Single Storey Dwelling
Plans provide for Lounge, Kitchen, Utility, Hall, WC, 4 bedrooms and 3 bath/shower rooms in this unit which is the original dwelling with an extension into adjoining outbuildings. About 140 sq m Gross Internal Area plus garden and parking for 3 cars.
Mains electricity and water is understood to be available for connection. Drainage to be to individual sewerage treatment plants. No gas is available.
The vendors have had prepared an online sales information pack containing legal title information, draft forms of contract and transfer, copies of all planning consents and technical reports and information submitted to the Planning Authority. Prospective purchasers should request an electronic copy of the information from the agents and ensure they have made themselves aware of the contents, and raised any queries about the documentation prior to submitting an offer, to the agents.
All of the properties are development properties and none of the properties are currently heated and thus are exempt from the requirement for EPCs to be provided.
NOTE - VAT
The vendors have elected for VAT on the property and are therefore required to charge VAT in addition to the agreed price. A business or developer registered for VAT may be able to recover this VAT.