Development opportunity with planning permission for 5 houses and the refurbishment of a public house with further development potential.
The existing public house is currently listed as a community asset and has been vacant since April 2012.
Location
The site is located in Marston St Lawrence and is within a and is a 15-minute drive from Banbury, where services to London Paddington take approximately 1 hour and 15 minutes.
Accommodation
The site is set within grounds extending to approximately 0.89 acres and currently comprises a 2-storey vacant public house (not listed).
Terms
Planning - Planning permission was granted on the 25th November 2022 for the erection of 5 residential dwellings and the refurbishment of the existing pub including managers accommodation and a holiday let (Planning reference: S/2020/2050/FUL).
The proposed scheme comprises 5 houses (4 x 3 bed semi-detached & 1 x 3 bed detached) and extends to a total area of approximately 5,167 sq ft NSA.
The proposed scheme also includes the refurbishment of the existing public house and managers flat, arranged across ground and 1st floor and extends to a total area of approximately 2,250 sq ft NIA.
A holiday let is included in the proposed scheme, arranged across ground and first floor of the existing public house and extends to a total area of approximately 883 sq ft NSA.
The proposed scheme also includes 25 parking spaces (12 for proposed dwellings, 13 for the pub and managers flat).
A CIL liability notice has been issued for £122,755 (subject to indexation).
Tenure - Freehold
Price on Application