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£350,000

Site Planning Granted Wsm, BS23

  • 13 beds
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£350,000

  • 13 beds
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Hollis Morgan MAY LIVE ONLINE AUCTION A Freehold DEVELOPMENT SITE ( 0.49 a ) with PLANNING GRANTED to erect a RESIDENTIAL SCHEME of 7 UNITS with a GDV of ?1.895m

FOR SALE BY LIVE ONLINE AUCTION

ADDRESS Development Site @ 23 Montpelier, Weston-Super-Mare, North Somerset BS23 2RJLot Number TBCThe Live Online Auction is on Wednesday 14th May 2025 @ 17:30Registration Deadline is on Monday 12th May 2025 @ 16:00The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can chose to bid by telephone, proxy or via your computer.Registration is a simple online process please visit the Hollis Morgan auction website and click REGISTER TO BID

THE LAND

A level Freehold development site of 0.49 acres with vehicular access from Montpelier. Sold with vacant possession. Tenure - FreeholdUtilities, Rights & Restrictions - Please refer to the Legal Pack Flood Risk - Please refer to the Legal Pack

THE OPPORTUNITY

RESIDENTIAL DEVELOPMENT PLANNING GRANTEDPlanning has been granted to erect a scheme of 7 residential units with an anticipated GDV of ?1.895mThe scheme comprises 4 x 2 bed 2 bath apartments, 1 x 3 bed 2 bath Duplex, 1 X 1 Bed 1 Bath Flat and 1 x 2 bed 2 Bath Coach House.Interested parties will note that the CIL has been paid ( ?26,000 ) following the commencement of works as the site has been excavated and ready for foundations ( ?60,000 ) and as such we understand the project can be completed under the previous building regs terms.There is potential to tweak the layout of flat 6 to create an extra bedroom to increase to a 2 bed unit.There is additional land on the site that may have scope for extra development - subject to consents.

PROPOSED SCHEDULE OF ACCOMODATION

Flat 1 775 Sq Ft Lower Ground Floor Open Plan Kitchen / Diner / Living Space Bedroom 1 En Suite Bedroom 2 Bathroom Flat 2 1076 Sq Ft Lower Ground & Ground Floor Open Plan Kitchen / Diner / Living Space Terrace Bedroom 1 En Suite Bedroom 2 Bedroom 3 BathroomFlat 3 753 Sq Ft Ground Floor Open Plan Kitchen / Diner / Living Space Bedroom 1 En Suite Bedroom 2 BathroomFlat 4 785 Sq Ft First Floor & Top Floor Open Plan Kitchen / Diner / Living Space Bedroom 1 En Suite Bedroom 2 BathroomFlat 5 785 Sq Ft First Floor Open Plan Kitchen / Diner / Living Space Bedroom 1 En Suite Bedroom 2 BathroomFlat 6 683 Sq Ft Top Floor Open Plan Kitchen / Diner / Living Space Bedroom 1 En Suite Coach House 818 Sq Ft Ground Floor Open Plan Kitchen / Diner / Living Space Bedroom 1 En Suite Bedroom 2 Bathroom Allocated off street parking.

PROPOSED SCHEDULE OF GDV

Flat 1 - ?250,000Flat 2 - ?320,000Flat 3 - ?260,000Flat 4 - ?275,000Flat 5 - ?265,000Flat 6 - ?250,000Coach House - ?275,000Total - ?1.895m

PLANNING GRANTED

Reference17/P/5425/FULApplication ReceivedFri 08 Dec 2017Application ValidatedFri 08 Dec 2017Address23 Montpelier Weston-super-mare North SomersetProposalErection of 7no residential dwellings (flats) with associated parking and landscaping. Alterations to pedestrian and vehicular accessStatusDecidedDecisionApproveDecision Issued DateWed 14 Mar 2018Appeal StatusNot AvailableAppeal DecisionNot Available

PLANNING UPDATE

20/P/2898/RDC Request to discharge condition numbers 7 and 21 from planning approval 17/P/5425/FUL20/P/2961/RDC Discharge of condition No. 9 on application 17/P/5425/FUL21/P/1460/MMA Minor material amendment to vary condition 2 (approved plans) on permission 17/P/5425/FUL (Erection of 7no residential dwellings (flats) with associated parking and landscaping. Alterations to pedestrian and vehicular access) to allow changes to the approved design including removal of chimneys, alterations windows, doors and balconies, change of materials, new railings and new fence to driveway

PLANNING INFORMATION

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

LOCATION

Weston Super Mare is a popular seaside town located on the Bristol Channel coast of North Somerset situated approximately 18 miles (29 km) south-west of Bristol and has a population of approximately 80,000 people. The town has a long history as a popular holiday destination, with a sandy beach that stretches for over two miles (3.2 km) and a variety of attractions and activities for visitors. The town centre has a mix of old and modern buildings, with several historic landmarks such as the Grand Pier, the Winter Gardens Pavilion, and the Birnbeck Pier. Westons main attraction is its beach, which is backed by a wide promenade and a range of amenities such as cafes, restaurants, and shops. The Grand Pier is a popular destination for families, with a variety of fairground rides, arcade games, and attractions. The town also has several parks and green spaces, including the 12-acre Grove Park, which has a children's play area, a boating lake, and a miniature railway. Other popular parks include Clarence Park and Ashcombe Park, both of which offer picturesque settings for picnics and walks. Weston is well connected with the M5 motorway running nearby and regular train services to Bristol, Bath, and other major cities. The town also has its own railway station, which is located within walking distance of the town center and the beach.

SOLICITORS & COMPLETION

Solicitor Contact TBCEXTENDED COMPLETION Completion is set for 8 weeks or earlier subject to mutual consent.

IMPORTANT AUCTION INFORMATION

VIEWINGSPlease submit a viewing request online and we will contact you to organise an appointment.We will send you an email and text to confirm the appointment time and the full property address.Viewings are supervised by a member of the Hollis Morgan Auction team who will meet you at the property.ONLINE LEGAL PACKSDigital Copies of the Online legal pack can be downloaded Free of Charge.Please visit the Hollis Morgan Website and select the chosen lot from our Current Auction List.Press the GREEN button to Download Legal Packs For the first visit you will be required to register simply with your email and a password.Having set up your account you can download legal packs or if they are not yet available, they will automatically be sent to you when we receive them.You will be automatically updated by email if any new information is added.There will be a note added to the list to confirm AUCTION PACK NOW COMPLETE when no further information is due to be added.*** STAY UPDATED *** By registering for the legal pack we can ensure you are kept updated on any changes to this Lot in the build up to the sale.BUYER S PREMIUMPlease be aware all purchasers are subject to a ?1,500 + VAT (?1,800 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 PRICEAn 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 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 PRICEThe 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 OFFERSSome vendors are willing to consider offers prior to the auction.Pre auction offers can ONLY be submitted by completing the online PRE AUCTION OFFER FORMThe form can be found on the Hollis Morgan website on the individual auction property listing.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 client s 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 (?1,800 Inclusive of VAT) to Hollis Morgan.Contracts can be exchanged via the solicitors or at the Hollis Morgan offices by appointment only.REGISTRATION PROCESSThe 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 FormStage 2 Upload your certified IDStage 3 Invitation to bidStage 4 Pay your security deposit (?6,800)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 VALUATIONSIf 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 & BRIDGING LOANSSome properties may require specialist auction finance- please contact Hollis Morgan for access to expert advice and whole of market rates from our independent brokers.Hollis Morgan may receive introductory fees for this service from the broker.AUCTION BUYER S GUIDE VIDEOWe 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.2025 CHARITY OF THE YEARHollis Morgan is supporting Uncle Pauls Chilli Charity empowering socially disadvantaged people with barriers to learning &/or disabilities based in Butcombe, North Somerset, our land overlooks the Mendip Hills and Blagdon lake. There are three main areas of focus at Uncle Paul s Chilli Charity Education, Wellbeing and Social Prescribing visit www.chillicharity.org.uk/ for more details or the Hollis Morgan Charity Page of our website.AUCTION PROPERTY DETAILS DISCLAIMERHollis 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.

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