The Orchard, East Street, Olney, Buckinghamshire MK46 4DW

UNDER OFFER - Potential Development Site

Potential development site subject to planning consents known as The Orchard and being of circa 2 acres in size. With limited planning history the site lies within the curtilage of the urban development limit and could lend itself to many forms of development, subject to planning and access.

For sale unconditionally offers are invited for the freehold interest with great potential based on the guide price.

Preplanning advice from Milton Keynes Council confirms that proposals for the site would form an infill development within the settlement boundary of Olney, and subject to meeting the criteria set out in policy ONP5 of the Olney Neighbourhood Pan the principle of development is acceptable.

The area of land comprises mainly grass with fruit trees and a detached house in need of renovation, extension or demolition and new build.

The narrowest point of width of the shared access road is 3.7 metres but there are challenges to create the visual splays needed for multiple new dwellings though improvements could be made subject to negotiation with third parties.

It is fair to say that an access from Timpson's Row that developers have left attached to the boundary has very onerous restrictions with many parties back to backing ransom strips in order to profit from any future development.

This may be untangled as might a similar access at the other end of the site where the Football club access is.

There are many permeables with this site and the eventual buyer will have options to work with in the future. We are selling the site unconditionally to the best bid based on the price guide.

£1,750,000
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