Land for sale

Main Road, Darsham, Saxmundham IP17


£950,000
S.O.A.

Features

  • Alternative development options STPP
  • Development Site
  • Edf Sizewell C Power Station Nearby
  • Planning Permission for 82-bed Hotel
  • Planning Ref: C/10/1574
  • Potential 5-Year Lease Agreement for Hotel
  • Potential for 58 further beds
  • Total Site Area 1.4 Acres

Description

Summary

For Sale By Online Auction. Terms and conditions apply.

We welcome to the market this development site with huge potential situated in Saxundham. The site benefits from full planning permission for an 82 bedroom hotel, car parking and associated works and a meaningful start to construction has commenced. There is the potential for adding a further 58-beds to the site to take the total to a 140-bed hotel. Alternative development opportunities, such as permanent residential accommodation, would be subject to planning permission.

Edf have plans to develop Sizewell C, a brand new power station locally which would provide the local area with 5000 jobs over a 7 year period resulting in a huge demand for accommodation in the near future. There is a park and ride scheme directly opposite this site which will accommodate up to 1,750 vehicles and will offer immediate access to Darsham Station and transport to Sizewell C.

Edf have verbally confirmed their intention to take a lease on the full hotel following development for a minimum term of 5 years. Further information on this can be provided upon request.

Location

The subject site is situated on the A12 to the north east of Ipswich, just outside of the village of Darsham.

The site benefits from future local development by way of Sizewell C, a new power station being built by edf. As a result, there will be a park and ride car park opposite which will have a 1,750 car capacity and provide access to Darsham Station.

Site Details

The site between Station Garage and Railway Cottage comprises 0.56 hectares (1.4 acres) of development land ideally situated in an area of high development.

Planning Permission

Full planning permission has been granted for construction of an 82-bed hotel, car parking and associated works.

Ref No: C/10/1574

Further plans have been drawn for an extra 58-beds to take the total to 140 bedrooms. Alternative planning permission may be sought but would be STPP.

Tenure

Freehold

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon agreement of sale, the successful bidder will be expected to pay a non-refundable deposit and or reservation fee of up to 6% inc VAT (subject to a minimum of between 2,400 and 6,000 inc VAT dependant on geographical location and contract type) Full terms and conditions are available on The Auctioneers website.

The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or obligation to use these recommended suppliers or services.

Categories

Land
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Property reference
CP_2D853DFE5C_339