Freehold Building Plot - Holiday Let
Guide Price : £70,000
For more information on this property call 0117 973 65 65 or 
Auction Date 21/05/2021
Lot 15
Billingsley,
Nettlebridge,
Radstock,
Somerset,
England
BA3 4AB
Description

THE PROPERTY


A mature Freehold building plot ( 1370 Sq M ) in this sought after village.
Sold with vacant possession.


LOCATION


Nettlebridge is a small hamlet just outside the village of Oakhill. Oakhill lies to the Eastern end of the Mendip Hills within easy commuting distance of Bristol and Bath, five miles from Wells and four miles from Shepton Mallet. The nearby main line rail links are situated at Castle Cary, Bath and Bristol. The village enjoys a varying range of different age and style of properties with many period and individual homes. Within the village, everyday needs are catered for in the Post Office/Village stores, doctors surgery, village churches, village hall and recreation field and two public houses. Oakhill boasts an excellent primary school whilst secondary schools are within easy reach. In addition, The Cathedral School at Wells, Downside at Stratton-On-The-Fosse, All Hallows at Cranmore, Kings, Bruton School for Girls and Millfield at Street are also easily accessible. Sporting facilities in the area include racing at Wincanton and Bath, golf at Wells and near Oakhill, sailing or fishing at Chew Valley and Blagdon lakes. In addition, there is a Leisure Centre in Wells offering a variety of recreational facilities.


THE OPPORTUNITY


PLANNING GRANTED - HOLIDAY LET

Planning has been granted to erect a contemporary detached two bedroom house with open plan living accommodation overlooking the mature plot and Mell Stream with gardens and parking.
The proposed design is GIA 65sqm or 83sqm including the balcony.
Holiday Accommodation Occupancy (Compliance) - The development hereby approved is for holiday lets shall not be occupied other than for purposes of holiday accommodation.
Refer to legal pack for further information.

SCOPE FOR DWELLING

The vendors have previously applied for and been refused planning to use the property as a dwelling house.
This consent will dramatically increase the resale value of the unit.
Please note there is a £50,000 uplift clause in place should the consent be granted.
Please refer to legal pack for details.


PLANNING GRANTED ( HOLIDAY LET )


Application Number: 2018/0700/FUL
Date of Application: 23rd April 2018
Application Type: Full Application
TOWN AND COUNTRY PLANNING ACT, 1990 (AS AMENDED)
TOWN AND COUNTRY PLANNING (DEVELOPMENT MANAGEMENT PROCEDURE) (ENGLAND) ORDER 2015 (AS AMENDED)
THE MENDIP DISTRICT COUNCIL, being the LOCAL PLANNING AUTHORITY for the said District, hereby GRANT PLANNING PERMISSION to carry out the development described in the application validated on 23rd April 2018 subject to conditions hereunder stated.
Proposal: Proposed detached holiday let
Location: Billingsley Bath Road Oakhill Radstock BA3 5AB

Holiday Accommodation Occupancy (Compliance) - The development hereby approved is for holiday lets shall not be occupied other than for purposes of holiday accommodation.
Parish: Stratton On The Fosse Parish Council
DECISION: Approval with Conditions


PLANNING REFUSED ( DWELLING )


Application Number: 2020/0688/FUL
Date of Application: 31st March 2020
Application Type: Full Application
TOWN AND COUNTRY PLANNING ACT, 1990 (AS AMENDED)
TOWN AND COUNTRY PLANNING (DEVELOPMENT MANAGEMENT PROCEDURE)
(ENGLAND) ORDER 2015 (AS AMENDED)
THE MENDIP DISTRICT COUNCIL, being the LOCAL PLANNING AUTHORITY for the said District, hereby REFUSE PLANNING PERMISSION to carry out the development described in the application validated on 31st March 2020.
PROPOSAL: Erection of a 1no. dwellinghouse.
LOCATION: Billingsley Bath Road Oakhill Radstock BA3 5AB
PARISH: Stratton On The Fosse Parish Council
DECISION: Refusal


PLANNING INFORMATION


Full details of the proposed scheme and drawings can be downloaded with the online legal pack.


BUYER'S PREMIUM


Please be aware all purchasers are subject to a £1000 + VAT (£1,200 inc VAT) buyer's premium which is ALWAYS payable upon exchange of contracts whether the sale is concluded before, during or after the auction date.


GUIDE PRICE


An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.


RESERVE PRICE


The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.


PRE AUCTION OFFERS


Some vendors are willing to consider offers prior to the auction.
Pre auction offers can ONLY be submitted by completing the online PRE AUCTION OFFER FORM
The form can be found on the Hollis Morgan website on the individual auction property listings – look for the big red button .
Please note offers will not be considered until you have inspected the COMPLETE LEGAL PACK once it has been released.
There will be a note added to the list to confirm AUCTION PACK NOW COMPLETE when our clients solicitor informs us no further information is due to be added.
In the event of an offer being accepted the property will only be removed from the online auction and viewings stopped once contracts have successfully EXCHANGED subject to the standard auction terms and payment of the buyer’s premium ( £1000 + VAT ) to Hollis Morgan.
Contracts can be exchanged via the solicitors or at the Hollis Morgan offices by appointment only.


REGISTRATION PROCESS


The registration process is extremely simple – visit the Hollis Morgan auction website and click on the “Register to Bid” button.
The “Register to Bid” button can be found on the auction home page or on the individual lot listings.
Please note this function is not available on Rightmove or Zoopla.

Stage 1 – Complete the Online Bidding Form
Stage 2 – Upload your certified ID
Stage 3 – Invitation to bid
Stage 4 – Pay your security deposit ( £6,200 )

You are now ready to bid – Good luck!

If your bid is successful, the balance of the deposit monies must be transferred to our client account within 24 hours of the auction sale.
If you are unsuccessful at the auction your holding deposit will be returned within 48 hours.


SURVEYS AND VALUATIONS


If you would like to arrange a survey or mortgage valuation of this Lot BEFORE the auction please instruct your appointed surveyor to contact Hollis Morgan and we will arrange access for them to inspect the property. Please note that buyers CANNOT attend the surveys and the surveyors are responsible for collecting and returning keys to the Hollis Morgan offices in Clifton.


AUCTION FINANCE


Some properties may require specialist auction finance- please contact Hollis Morgan for access to expert advice and "whole of market" rates.


AUCTION BUYERS GUIDE VIDEO


We have short video guides for both buying and selling by Public Auction on the Hollis Morgan Website. If you have any further questions regarding the process please don’t hesitate to contact Auction HQ.


2021 CHARITY OF THE YEAR


Hollis Morgan are supporting Bristol Charity 1625 Independent People as our 2021 Charity of the year with a % of each Buyers premium being donated.
1625 Independent People (1625ip) is a charity that works with young people who are homeless, leaving care or at risk of homelessness in Bristol and the South West.
Visit the Hollis Morgan Charity page of our Website for further details - www.hollismorgan.co.uk/charity


TESTIMONIALS


We are very proud of what our past clients have say about us - please visit the Hollis Morgan website to read their testimonials.


WHY HOLLIS MORGAN?


Hollis Morgan hold the largest land & property auctions in the region.

Hollis Morgan sold more £££’s of Land & Property in both 2018 & 2019 than any other auctioneer in the region.
In fact, no auctioneer has sold more than Hollis Morgan since 2010 with over £289m of sales - £95m more than anyone else.
*Source EIG – Sales in BS and GL postcodes by agents based in BS or GL postcodes.

Hollis Morgan was the most successful Auctioneer in Bristol & North Somerset during 2018 – 2019 with an 87 % success rate.
*Source EIG – Sales in BS postcodes 2018 & 2019 by agents based in BS


AUCTION PROPERTY DETAILS DISCLAIMER


Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens. The seller does not make any representation or give any warranty in relation to the property and we have no authority to do so on behalf of the seller.

9 Waterloo Street Clifton Bristol, Bristol, BS8 4BT
or call 0117 973 65 65