Former Foster Yeoman Quarry, Dulcote Wells Somerset BA5 3PY

Former Foster Yeoman Quarry, Dulcote
Wells
Somerset
BA5 3PY

Rare Freehold Development Opportunity

  • Outline planning consent granted for B1 (Business), B2 (General Industrial) and B8 (Storage and Distribution) development
  • Total site area of approximately 80 acres (32.38 hectares)
  • Net developable area of approximately 18 acres (7.3 hectares)
  • Suitable for a variety of uses (subject to consents)
  • Six Week Completion Period Available
  • Lot
    71
  • Auction
    18th October 2011
  • Vacant Possession
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    Development
  • Auction Venue
    Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On behalf of a Major Property Company
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Rare Freehold Development Opportunity

  • Outline planning consent granted for B1 (Business), B2 (General Industrial) and B8 (Storage and Distribution) development
  • Total site area of approximately 80 acres (32.38 hectares)
  • Net developable area of approximately 18 acres (7.3 hectares)
  • Suitable for a variety of uses (subject to consents)
  • Six Week Completion Period Available
  • Lot 71
  • Auction 18th October 2011
  • Vacant Possession
  • Status Withdrawn Post
  • Price  
  • Sector
    Development
  • Auction Venue
    Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On behalf of a Major Property Company

Property Information

Location
Miles
1.5 miles south-east of Wells, 4 miles west of Shepton Mallet, 22.5 miles south-west of Bath, 22 miles south of Bristol
Roads
A371, M5, A37
Rail
Castle Cary Railway Station
Air
Bristol International Airport
Situation

The site forms part of the former Foster Yeoman Quarry on the edge of Dulcote Hill, south of the historic cathedral city of Wells and is accessible from the A371.

Tenure

Freehold.

Location
Miles
1.5 miles south-east of Wells, 4 miles west of Shepton Mallet, 22.5 miles south-west of Bath, 22 miles south of Bristol
Roads
A371, M5, A37
Rail
Castle Cary Railway Station
Air
Bristol International Airport
Situation

The site forms part of the former Foster Yeoman Quarry on the edge of Dulcote Hill, south of the historic cathedral city of Wells and is accessible from the A371.

Tenure

Freehold.

Description

The site comprises a redundant limestone quarry with surrounding woodland of approximately 80 acres (32.38 hectares). Within the quarry, there is a net developable area of approximately 18 acres (7.3 hectares) of levelled land. (Please see area shaded orange on identification plan). There are a number of semi-derelict buildings on site including the foundry, an empty sub-station, office/weighbridge and toilet block.

Agreement
The foundry, known as The Old Power House Building, has been let to an individual for 2 years from 13th September 2010 at a rent of £20 per week. The tenant does not benefit from a right to renew the lease.

Planning
Outline Planning Consent was granted on 6th August 2010 for a period of 5 years for construction of up to 24,751 sq m (266,426 sq ft)
of Use Classes B1/B2/B8 development. The site may be suitable for a variety of alternative uses, subject to planning consents. A copy of the planning consent granted is available from the quarry’s website and legal pack.
http://www.developmentlandsouthwest.co.uk
Mendip District Council
Cannard Grave Road, Shepton Mallet, Somerset BA4 5BT
Website: http://www.mendip.gov.uk
Email: customerservices@mendip.gov.uk
Telephone: 01749 648999

VAT

VAT is applicable to this lot.

Viewings

There will be 2 block viewing dates. Please register with the Auctioneers if you would like to view.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The site comprises a redundant limestone quarry with surrounding woodland of approximately 80 acres (32.38 hectares). Within the quarry, there is a net developable area of approximately 18 acres (7.3 hectares) of levelled land. (Please see area shaded orange on identification plan). There are a number of semi-derelict buildings on site including the foundry, an empty sub-station, office/weighbridge and toilet block.

Agreement
The foundry, known as The Old Power House Building, has been let to an individual for 2 years from 13th September 2010 at a rent of £20 per week. The tenant does not benefit from a right to renew the lease.

Planning
Outline Planning Consent was granted on 6th August 2010 for a period of 5 years for construction of up to 24,751 sq m (266,426 sq ft)
of Use Classes B1/B2/B8 development. The site may be suitable for a variety of alternative uses, subject to planning consents. A copy of the planning consent granted is available from the quarry’s website and legal pack.
http://www.developmentlandsouthwest.co.uk
Mendip District Council
Cannard Grave Road, Shepton Mallet, Somerset BA4 5BT
Website: http://www.mendip.gov.uk
Email: customerservices@mendip.gov.uk
Telephone: 01749 648999

VAT

VAT is applicable to this lot.

Viewings

There will be 2 block viewing dates. Please register with the Auctioneers if you would like to view.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Property Documents

  • Site Plan
    Updated Date
    23.09.15
    File Size
    1 MB
    View PDF
  • Catalogue Page
    Updated Date
    23.09.15
    File Size
    2 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Martin SzamfeberMartin Szamfeber +44 (0)20 7034 4858 martin.szamfeber@acuitus.co.uk
Seller's Solicitors
Jones Day 21 Tudor Street
London
EC4Y 0DJ
Lauren Fendick 020 7039 5415lfendick@jonesday.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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