FOR SALE FREEHOLD STRATEGIC LAND OPPORTUNITY

LAND TO THE SOUTH OF RADFORD ROAD , , B48 7ST

Key Highlights • Freehold sale, subject to an existing rolling • Informal tender deadline noon on Friday Farm Business Tenancy 23rd August 2019 • Located in the desirable village of • Total Site Area: Approximately 2.68 hectares Alvechurch, (6.63 acres)

SAVILLS BIRMINGHAM 55 Colmore Row Birmingham B3 2AA +44 (0) 121 633 3733 savills.co.uk Location Town Planning Alvechurch is an attractive Worcestershire village The site lies within District Council, details located 17 miles south of Birmingham, 6 miles east below: of Bromsgrove and 5 miles north of Reddich. It is strategically located south of Junction 2 of the M42 Town Hall which meets the A441. Alvechurch train station provides Walter Stranz Square direct access to Birmingham New Street station and Redditch train station. B98 8AH The site is situated to the east of the Village of Council have recently finished Alvechurch, which forms part of Bromsgrove’s local consultation on their ‘Local Plan Review – Green Belt administrative area. Alvechurch is an established village Purposes Assessment Methodology’ alongside an ‘Issues with several a large village with several local amenities and Options Consultation’, both of which Savills made such as a first and middle school, nursery, post office, representations for the land. pharmacy, and a sports club. A ‘Call for Sites’ process is expected next to which The site lies off the Radford Road, one of the main further, more detailed, representations will need to be arterial routes into Alvechurch providing good transport made for the site. links to Bromsgrove and the wider regional road The land is within Greenbelt and the adjacent land network. contains a moat, known as the Bishops Palace, which has been listed as a scheduled monument. Description Please note that these are just initial observations and The site is rectangular in shape and can be accessed we recommend interested parties undertake their own off the Radford Road along its north western boundary. investigations. The site appears to be relatively level although a topographical survey has not been undertaken. Details of the representations submitted can be made available upon request. The land is used for grazing purposes and could form part of a new growth area contained by the defensible boundary of the A441 to the east. The site extends to around 2.68 hectares (6.63 acres) gross.

SAVILLS BIRMINGHAM 55 Colmore Row Birmingham B3 2AA +44 (0) 121 633 3733 savills.co.uk Method of Sale VAT The site will be sold by way of Informal Tender. The We are advised that VAT will not be applicable to the deadline for offers will be noon on Friday the 23rd sale price. August 2019. Offers are invited on a conditional or unconditional basis, Legal Costs with a preference for unconditional offers. Each party are to bear their own legal costs in connection with this transaction. The offer requirements are as follows: • Level of offer clearly stated Further information An information pack is available from the agents upon • Any conditions relating to the offer request. • Percentage of overage and term offered Viewings • Solicitors details Viewings are strictly by prior appointment with Savills. • Timescales for exchange and completion Please note that Savills do not take any responsibility for • Proof of funding any loss or injury caused whilst carrying out a site visit. • Track record The Vendors will require an overage for 25% of any future uplift in value for a period of 25 years.

Services Interested parties are advised to make their own investigations as to the availability and suitability of services to the land.

Tenure The land is offered Freehold subject to an existing rolling Farm Business Tenancy in place. This is understood to require 12 months’ notice to terminate.

Contact Tom Walker Peter Gough +44 (0) 121 615 2664 +44 (0) 121 634 8489 [email protected] [email protected]

IMPORTANT NOTICE Maps are reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd, published for the purposes of identification only and although believed to be correct accuracy is not guaranteed. Savills, 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 Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Designed and Produced by Savills Marketing: 020 7499 8644 | July 2019