Barn & Agricultural Land at Laithes, Penrith, Cumbria CA11 0AW

SOLD (STC)

CLOSING DATE SET

The closing date for the submission of offers is 12 NOON, MONDAY 18^TH JANUARY 2021 and they should be marked with “OFFER – BARN AND AGRICULTURAL LAND AT LAITHES” and delivered to Edwin Thompson, FIFTEEN Rosehill, Montgomery Way, Carlisle CA1 2RW.

All offers should be made in writing clearly stating how the purchase will be funded.

Please be aware that under Money Laundering Regulations we are required to carry out checks on any purchaser before we can formally accept an offer. If you are successful with your offer, we will require sight of and a

photocopy of your passport or photographic driving licence along with proof of address in the form of a recent council tax invoice or utility bill.

Barn & Agricultural Land at Laithes, Penrith, Cumbria CA11 0AW

An Exciting Development Opportunity For The Conversion Of A Traditional Agricultural Barn To A Residential Dwelling

Application Number: 20/0432 and 20/0195 – Eden District Council

Set in approximately 4.81 acres (1.95 hectares) of Agricultural Land

Offers invited for the Freehold Interest

Location

The site is located on the outskirts of Laithes close to the market town of Penrith and benefitting from direct road frontage.

Penrith is situated just a couple of miles away offering a wealth of local amenities, shopping and entertainment whilst also benefiting from excellent transport links onto the M6 and A66.

The property offers direct access onto the public highway and is only 3.9 miles from the A66 and just 1.9 miles from the M6 offering easy access to West Cumbria, Scotland and beyond.

The Opportunity

The site comprises of an agricultural field with a complex of stone and wooden/tin agricultural buildings.  The land extends to approximately 4.81 acres and benefits from road frontage onto the public highway.

The land is situated on the outskirts of Laithes and only a short distance from Penrith.

The property benefits from approval for the construction of a new vehicular access to the site and also for conversion to a residential dwelling.

The proposed plans show a two bedroomed dwelling which is primarily on the ground floor with a gallery and second living area on the first floor.

Full details and further plans can be obtained from Edwin Thompson.

Site Conditions

The purchaser(s) will be responsible for any necessary assessment of ground conditions and planning permissions required and will need to satisfy themselves that the development can take place safely.

Services

The property benefits from a mains water and electric supply.

We are also aware that the main sewerage pipe for the village of Laithes crosses the property.

The purchaser is encouraged however to make their own enquiries.

Proposal

Offers invited for the freehold interest.

Please note that the sellers are not obligated to accept the highest or any offer and are free to amend the details as they require without prior notice.

Please note that this property may be sold and taken off the market with no prior notice.

Claw Back

The property will be sold subject to a Claw Back, which on the grant of planning approval will result in 50% of the uplift in value for a period of 20 years from sale being paid to the current owners. This claw back will allow one dwelling on the holding and will exclude all agricultural and equine buildings.

Legal Costs

Each party to bear their own legal costs in the preparation and settlement of the sale documentation together with any VAT thereon.

Money Laundering Regulations

The successful purchaser(s) should be aware that they will have to provide us with documents in relation to the Money Laundering Regulations. Further details are available upon request.

Viewing

The site is available to view strictly by prior appointment with the Carlisle office of Edwin Thompson Property Services Ltd.

Contact:

Matthew Bell                        m.bell@edwin-thompson.co.uk

Charlotte Clayton              c.clayton@edwin-thompson.co.uk

Tel: 01228 548385