Features
Description
Rare development opportunity in Bude with outline planning for 30 homes on 3.4 acres. Approved access, great road frontage, and excellent GDV potential. Walking distance to town and beaches. Additional 16.67 acres of farmland available separately.
LOCATION
Kings Hill is a sought-after residential area with good access to Bude town and beaches. The site is equally within easy paved walking distance of the secondary school, Morrisons supermarket and leisure centre. The town itself offers a comprehensive range of shopping, business and leisure facilities including swimming pool, all weather floodlit tennis courts and an 18 hole golf course. The town has both primary and secondary schooling and two sandy beaches both popular with families and surfers. The A39 ‘Atlantic Highway’ is approximately a quarter of a mile away and provides excellent access north to the larger towns of Bideford and Barnstaple and south further on down into Cornwall.
DESCRIPTION
Rare Development opportunity with outline planning permission for 30 Homes granted on circa 3.4 acres, in one of the most sought-after address's in Bude. A gently sloping site with great road frontage and access already approved. Excellent gross development values are expected with proven strong demand for high end product in established residential area. Walking distance to town facilities, services and beaches. High interest is expected from quality upmarket developers looking to showcase their brand in this high visibility location.
The planning permission for 30 is split 21 Open Market, 4 Shared Ownership and 5 Affordable Rent with all matters reserved except for access which has been agreed.
Additional adjoining strategically located farmland of 16.67 acres available by separate negotiation, offering huge further potential to add value. (Please see separate particulars)
TENURE
Full freehold title is available.
LOCAL AUTHORITY
Cornwall County Council
AGENTS NOTE
High interest is expected due to the excellent potential resale value of the properties to be constructed. Offers are invited now. Viewing strictly by appointment only.
OUTLINE PLANNING
Outline Planning consent was granted by Cornwall Council under cover of application number PA22/07103 dated 24th July 2024. Residential development comprising 30 dwellings (including affordable housing) and open space with all matters reserved except access. The Planning Advisor who assisted the application was Peter Wonnacott: Rodds Bridge Farm, Lower Upton, Bude, EX23 0LS.
COMMUNITY INFRASTRUCTURE LEVY
Please note that the proposed development set out in this application will be liable for a charge under the Community Infrastructure Levy (CIL) Regulations 2010 (as amended). The amount of the liability will be calculated when the related reserved matters application is determined. Further information about CIL is available at www.cornwall.gov.uk/cil.
EDUCATION CONTRIBUTION
Means the sum of £2,736 per Open Market Dwelling of two or more bedrooms increased by the Percentage towards the provision of additional Education Facilities required as a consequence of the Development. Approximately £57,456 in total.
TRANSPORT CONTRIBUTION
"Transport Contribution" means the sum of £2,725 per Open Market Dwelling increased by the Percentage towards the provision of Transport Facilities. Approximately £57,225 in total.
OFF SITE PUBLIC OPEN SPACE CONTRIBUTION
"Off Site Public Open Space Contribution" means the sum of £330 per Affordable Dwelling and £1135 per Open Market Dwelling increased by the Percentage towards the provision of Off Site Public Open Space. Approximately £26,805 in total.
HEALTH CARE CONTRIBUTION A & B
"Health Care Contribution A" means the sum of ten thousand and eighty pounds (£10,080) increased by the Percentage towards the provision of Health Care Facilities A required as a consequence of the Development;
"Health Care Contribution B" means the sum of five thousand and twenty five pounds (£5,025) increased by the Percentage towards the provision of Health Care Facilities B required as a consequence of the Development;
BIODIVERSITY NET GAIN
As a 10% net gain for biodiversity is required by Cornwall County Council for developments such as this, the current proposals meet and exceed these requirements. Provided the landscape proposals are implemented as described, no further work is required regarding Biodiversity Net Gain and a full report is available on the planning portal.
SERVICES
There are main utility services located in the vicinity, however prospective purchasers must verify availability for any mains services required and the costs of connection of such services, for themselves.
WHAT3WORDS LOCATION
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EASEMENTS, WAYLEAVES & RIGHTS OF WAY
The property is offered for sale, subject to and with the benefit of all matters contained in or referred to in the Property and Charges Register of the registered title together with all public or private rights of way, wayleaves, easements and other rights of way, which cross the property.
VIEWINGS
Please ring 01288 359 999 to view this property and check availability before incurring travel time/costs. FULL DETAILS OF ALL OUR PROPERTIES ARE AVAILABLE ON OUR WEBSITE www.kivells.com.
AGENTS NOTE 2
Ownership of the estate road, connecting Kings Hill to the western boundary of the property shall be retained by the vendor, but full and free access rights shall be granted to the buyer and successors in title (including all future owners of the developed properties). Full and free rights to construct, lay, maintain and use all services will be granted over the estate road. For the avoidance of doubt, the buyer shall be responsible to construct the estate road up to adoption standard and to procure adoption of the road as quickly as possible. The vendor will covenant not to do anything which may hinder the construction or adoption of the estate road. The estate road must be constructed to a specification capable of serving the potential larger site including the neighbouring land of 16.67 acres.
Plans to be submitted for reserved matter approval showing the proposed estate road shall be prepared by the buyer and must be agreed by the vendor prior to exchange, with completion taking place within 10 working days of reserved matter approval being granted on this basis.
Mains water and drainage connections, together with all service media, must also be made available at the western point of the estate road in preparation for any potential further development of the adjoining land in the future.
The seller will also retain a ransom strip running along the western and southern boundaries of the property.
BOUNDARIES
Any purchaser shall be deemed to have full knowledge of all boundaries and neither vendor nor the vendor’s agents will be responsible for defining the boundaries or the ownership thereof. Should any dispute arise as to the boundaries or any points on the particulars or plans or the interpretation of them, the question shall be referred to the vendor’s agent whose decision acting as experts shall be final.
IMPORTANT NOTICE
Kivells, their clients and any joint agents give notice that:
1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Kivells have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.
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