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Land at Eastcombe Reservoir, Nashend, Bisley, Stroud, Gloucestershire, GL6 7AJ
Guide Price* : £5,000
Upon Instructions of
- Freehold covered reservoir site
- Potential for alternative use
- 0.32 acres (0.129 hectares)
- Vacant possession
Addendum
There has been significant interest in this site. For the avoidance of doubt the guide price is an indication of the reserve price, this is the seller's minimum expectation. This is not a valuation nor is it an indication of the sale price. Please scroll down within the online section of this website and you will be able to review similar past sales and their results.
Description
The property comprises a redundant single storey building of brick construction and adjoining earth covered, above ground redundant reservoir constructed of reinforced concrete that would offer strong potential for innovative conversion to alternative uses, including ‘Grand Design’ style conversion to residential or holiday accommodation use. The site area is approximately 0.32 acres (0.129 hectares).
The property is situated on the north side of Bracelands, just to the east of Eastcombe and approximately 500 metres from the junction with Holloway Road.
The approximate position of the property can be located as follows:
Grid Reference: SO895045
www.gridreferencefinder.com
Location
Miles: Cirencester 12 miles, Stroud 6 miles, Gloucester 15 miles
Roads: A417, A429, A419
Tenure
Freehold
Planning
The Government has demonstrated through the planning system that it is an keen supporter of the custom and self-build sector. There is recognition within national planning guidance of the growing demand from the self-build sector for improved access to opportunities to undertake self-build projects, which will include conversion of existing buildings and structures, often exhibiting innovative and ground-breaking design solutions. The recent Housing White Paper, signals the government’s continued support for custom and self-build housing and the role it can play in helping deliver housing that people want.
Over recent years a growing number of examples from across the UK of high quality conversions have captured the public imagination and inspired more and more people to become involved in realising their own ‘Grand Design’ ambitions. One-off, bespoke solutions are now increasingly gaining planning consent, even in areas often constrained by planning policy. Through the Self-Build and Custom Housebuilding Act 2015, and more recently the Housing White Paper, the Government recognises that custom build can be an affordable way to home ownership that provides an opportunity to own a bespoke, sustainably designed and high quality home.
National planning guidance encourages outstanding and innovative design and cautions local planning authorities against stifling innovation, originality and initiative. National and local planning policies also provide support for sympathetic, sustainable rural tourism enterprises as well as general support for the sustainable growth and expansion of all types of business and enterprise in rural areas, including through the conversion of existing buildings.
Interested parties should read the legal pack for further information relating to easements and overages, for example, that may be applicable to the site.
Examples of other former Severn Trent DSR’s which have gained planning consent for conversion can be found here at http://stwreservoirs.co.uk/case-studies
Planning Authority
Stroud District Council (01453 754 442) www.stroud.gov.uk
VAT
Refer to the legal documentation
Energy Performance Certificate
No EPC required
Note
There is immediate access onto a public footpath but no formal documented vehicle rights of access.
Contact
Vendor's solicitor
Joint auctioneers
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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Office Contact
Vendor
Vendors Solicitor
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Subject to Contract and Exclusive of VAT © Lambert Smith Hampton April 2025
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