Description
A rare opportunity to acquire 2.22 acres of strategic land adjacent to the Built Up Area Boundary of Fortescue, offering significant potential for future residential development (STPP) in the popular Sid Valley.
For Sale by Informal Tender. Tenders close 20th May 2025 at 12 noon.
The Property - A single enclosure of pastureland extending to 2.22 acres (0.90 ha) adjacent to the Built Up Area Boundary of Fortescue, on the eastern side of the Sid Valley. The land is west facing and enjoys fine views. Following consultation with East Devon District Council's planning department and feedback from Pre-application advice it is considered that (subject to planning) this land offers significant potential for future residential development.
The land has mature hedgerows forming the boundaries, good road frontage and access onto Fortescue Road. It adjoins other residential housing at Higher Fortescue (which has been increased in size with other development in recent years).
Tenure - Freehold with vacant possession upon completion.
Overage Provision - The sale is subject to an existing uplift clause, stating that if residential development is granted a previous owner is entitled to a 30% uplift, this runs until 2050.
Services - All main services in Fortescue Road.
Rights Of Way - None affect the property.
Planning - The vendors have sought Pre-app advice from EDDC, the key points being:-
1. They accept the site is adjacent to the Built Up Area Boundary of Fortescue.
2. They accept they do not have a 5 year housing land supply.
3. They have accepted that development is unlikely to affect the Coastal Preservation Area.
4. They have moderate requirements for self -build housing.
5. They consider that the key restriction is the National Landscape and the potential landscape impact/character impact a development could pose.
Local Authority - East Devon District Council. EX14 1EJ Tel: 01404 515 616
Solicitor - Clarke Willmott, Taunton TA1 2PG. Contact: Mark Buckerfield
Tel: 0345 209 1664 Email: mark.buckerfield@clarkewillmott.com
Method Of Sale - Tenders are invited, to be submitted on the attached Informal Tender form prior to 12 noon on Tuesday 20th May 2025. For further details contact the sole agents, Symonds & Sampson LLP.
Directions - From Sidmouth town centre proceed north turning right into Salcombe Road (opposite the Radway Cinema). Follow this road for about a mile until Fortescue, the land will be on your right. Our sale boards will be posted.
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Viewing - During daylight hours with particulars to hand, having first informed the sole agents Symonds & Sampson LLP. Further details available from Ross Willmington at Axminster Agricultural office on 01297 33122.
