Land

Description

The property is currently used as a Metal Waste Re-cycling Centre and has been used as such since the current vendors obtained the site in 1985. The land is a 2.5 hectare (6.3 acre) rectangular shaped site with 4,000 sq. ft of office accommodation and weighbridge. The ground floor contains a site office with customer access, kitchen area, storeroom & large communal area with tea/coffee making facilities. Stairs from the ground floor kitchen area provides access to the 1^st floor which contains 4 bedrooms, 2 bathrooms, open plan kitchen & living areas. This area was constructed to support long haul HGV drivers & staff only. It is not a traditional dwelling in its own right.

The property also has licences for 5 static mobile homes, 2 currently being used by the vendors. The balance of the site is used for open storage of building materials, vehicles, shipping containers, aggregate and the transfer/management of waste. There is ample yard space and parking for numerous HGV & commercial vehicles.

In 2007 the vendors obtained planning permission for a 60m x 30m x 11m Waste Transfer Station. Although the building has not been erected, planning permission was implemented through the installation of a new road and 4 concrete pads at the cornering areas of the approved building. The section 106 agreement was also subsequently paid at this time and all conditions of planning satisfied.

Tenure

The property will be sold freehold with vacant possession.

Rating

The property lies within the administrative authority of Reading Borough Council (the Rating Authority) and is shown in the Valuation List as having a Rateable Value of £72,843.

 VAT

 We understand the property is not elected for VAT.

Services

We are advised that mains electricity, gas, water and drainage services are available at the property. However prospective purchasers are advised to make their own independent enquiries of the individual authorities to verify the capacity and availability of such services.

Planning

At present, no recent planning applications have been submitted for the development of the site. The planning granted in 2007 for the erection of a waste transfer station has been implemented under reference number 05/029/28/MINMAJ.

Any planning related queries should be directed to the Local Planning Authority:

West Berkshire Council                                  Telephone:      01635 551111

Council Offices                                                Web:               www.westberks.gov.uk

Market Street

Newbury

Berkshire RG14 5LD

Method of Sale

The site is offered for sale by way of informal, non-binding tender with the vendor reserving the right not to accept the highest or any offer and also reserving the right to withdraw the site from sale or to vary the method of sale at any time without notice. In the event that a number of competitive offers are received, the vendor reserves the right to request “best and final” offers from selected parties.

Offers are sought for the freehold interest, preferably on an unconditional (Subject to Contract only) basis. Conditional offers may be considered but this is not preferable to the vendor.

Unconditional Offers

If an unconditional offer is accepted, completion is to take place within four weeks of exchange of contracts with 10% payable on exchange and the full balance of the purchase price payable immediately upon the completion of the sale. A 2% plus VAT transaction fee is payable and should be factored and shown separately in any offer.

All offers should state whether they are submitted with or without Board approval and whether they are dependent on bank or similar finance being available with confirmation or proof of funding.

All offers should be marked “The Weirside, Green Lane, Burghfield – Offer to Purchase” and addressed to:

Mr James Dalziel                                                                    

Silverstream Land Corporation Limited

Semmering

Foxley Lane

Binfield

Berkshire

RG42 4DB

Viewings

All enquiries should be directed to the vendors sole agent:

Silverstream Land Corporation

Semmering

Foxley Lane

Binfield

Berkshire

RG42 4DB

Telephone:      01344 442810

Mobile:           07771 524782

Or email:         james@sscorp.co.uk

Viewings are strictly by appointment only. Please note that parties must not enter the property without our prior authority and any inspection of the site is at the prospective purchaser’s risk.

Misrepresentation Act 1967 – Silverstream Land Corporation give notice that:

• These particulars do not constitute any part of an offer or contract.
• None of the statements contained in these particulars are to be relied on as statements or representations of fact, intending parties must satisfy themselves as to the correctness of each of these statements.
• Silverstream or their clients have no authority to make or give any representation or warranty in relation to the property.

Finance Act 1989 – Unless otherwise stated, all prices are quoted exclusive of VAT.

Consumer Protection from Unfair Trading Regulations 2008 – These details are believed to be correct as at November 2020 but maybe subject to subsequent amendment. Any plans or drawings are indicative and for guidance only.