Development Opportunity for sale

LAND SITUATED IN A STRATEGIC POSITION ON THE EDGE OF THE POPULAR SETTLEMENT OF FARINGDON TO THE WEST OF OXFORD EXTENDING TO APPROXIMATELY 0.73 ACRES (0.29 HECTARES)
LOCATION
The Property is situated on the western built edge of Faringdon, a popular and growing settlement within the Vale of White Horse District Council. The Property has direct frontage onto the Highworth Road, from which access is provided.
Faringdon is a growing market town located approximately 15-miles west of Oxford and 10-miles northeast of Swindon.
Oxford is a regional city hub providing an extensive range of services and facilities including shops, restaurants, banks, sports centre, retail parks and supermarkets.
Swindon also provides for a wide range of services and facilities as well as being a hub for employment in the area. Swindon benefits from direct rail services into London Paddington (approximately 1-hour), as well as having good access onto the M4 motorway via junctions 15 and 16.
Facilities in Faringdon include a Waitrose, Tesco Superstore, two Primary Schools, Secondary School, Leisure Centre, Cricket Club, several Public Houses and a Post Office.
PROPERTY
The Property comprises a former Highways Depot and Youth Centre, in all extending to approximately 0.73 acres (0.29 ha), with access taken from the northern boundary, which fronts onto Highworth Road, from which access is taken.
The northern section of the site includes a yard and a number of buildings, which are brick-built under clay tiled roofing. The southern section of the site is made up of an area of raised hardstanding and concrete pads previously understood to have been used for the storage of highways material. There are a number of trees and overgrown shrubs across the site. The south, east and western boundaries front onto newly developed residential housing.
The nature of the surrounding housing is generally mixed, mid to low density.
PLANNING
The Local Planning Authority is Vale of White Horse District Council (VOWHDC).
The existing Development Plan for VOWHDC consists of policies from the Local Plan 2031 (Parts One and Two) and identifies Faringdon as a 'Market Town' within the Western Vale Sub-Area. There is a residential development focus around Faringdon with ''complementary growth in the Larger Villages'' surrounding the town.
Faringdon's Neighbourhood Plan comments that ''additional residents would help support the critical mass of the town and help it become more self-sustaining'' and that there is a need for new housing to provide ''a broad mix of types to suit local needs''.
We are not aware of any recent planning applications which relate to the subject Property.
REGISTERED TITLE
The land is registered with the Land Registry under Title Number ON282359.
METHOD OF SALE
The opportunity is offered for sale freehold. We will be monitoring interest through the marketing period with a view to setting a deadline for bids. It is therefore recommended that prospective purchasers wait to receive further instructions from Carter Jonas before coming forward with any offer.
Offers are invited both on subject to planning and on an unconditional basis. The vendors will also consider overage proposals.
LOCAL AUTHORITY
Vale of White Horse District Council
(https://www.whitehorsedc.gov.uk/)
SERVICES
It is understood the Property benefits from utilities connections.
FURTHER INFORMATION
An information pack has been prepared to accompany these particulars which includes title information.
This is available upon request and prospective purchasers should note that the vendors will expect them to have obtained and carefully considered the contents of the Information Pack prior to submitting an offer.
For further information or to receive the Information Pack, please contact Carter Jonas.
VIEWING
The property may be viewed from the highway. Parties wishing to walk the property should arrange an appointment with Carter Jonas.