High Street, Stow-on-the-Wold, Gloucestershire

£2,200,000

Guide price

A rare opportunity to purchase a prime site with great development potential adjacent to The Square within Stow-on-the-Wold. For Sale by Public Auction on 15th December 2021.

Directions

Fosseway Farm is located on the corner of the High Street and Parsons Corner, at the northern end of The Square.

Location

Fosseway Farm is situated in a prominent and important position at the northern end of Stow-on-the-Wold's impressive Square with its variety of interesting and notable buildings many of which are Listed. Stow-on-the-Wold is an attractive market town with the parish church of St Edward together with a wide variety of shops. It also has a good range of hostelries and a primary school. There are secondary schools in Bourton-on-the-Water and Chipping Campden. Moreton-in-Marsh has a main line train station with a regular service to London Paddington.

Cheltenham is the principal commercial and cultural centre in the area and has excellent shopping facilities. It also has a wide number of hostelries, a multiplex cinema, together with the Everyman Theatre as well as a number of annual festivals including the National Hunt, Literature, Music and Cricket festivals.

Description

Fosseway Farm is set in just over an acre and comprises a collection of period and contemporary buildings situated in the heart of Stow-on-the-Wold. The property has been in the same family for many years and now provides a purchaser with a wonderful opportunity to develop and improve the site.

Local Authority and Planning

Fosseway Farm is situated within the Stow-on-the-Wold Conservation Area and the Cotswold Hills Area of Outstanding Natural Beauty. The local authority is the Cotswold District Council in Cirencester.

The Tower is a Grade II Listed Building. Some of the existing buildings within Fosseway Farm may be considered Non-Designated Heritage Assets.

In February 2021 a Pre application enquiry was made of the Cotswold District Council. The proposal was for a mix of conversions to existing buildings together with some new build and comprising six dwellings in total. A PDF copy of the enquiry is available from the agents upon request.

Council Tax

Fosseway Farm Cottage GL54 1DL Band C

Fosseway Farm Stables Flat GL54 1DN Band C

Annexe at Stable Flat GL54 1DL Band A

The Tower, Well Lane GL54 1EE Band C

Services and EPC

All mains services are connected to Fosseway Farm. Prospective purchasers are advised to make their own enquiries as to the existence of the services prior to committing to the purchase. The Tower and the Stable Annex are EPC rating E - Fosseway Farm Cottage and the Stable Flat are EPC rating F -

The Granary is EPC rating G.

Fosseway Farm Cottage

A charming property constructed of natural Cotswold stone under a natural Cotswold stone tiled roof and with generous accommodation arranged over three floors.

A Traditional Threshing Barn

Attached to the cottage and is constructed of natural Cotswold stone under a part natural Cotswold stone and part corrugated roof. It has a large cart entrance and central storage area with a loose box to one side and attached single storey lean-to storage behind.

The Stable Flat

An attached dwelling constructed of natural Cotswold stone under a natural Cotswold stone tiled roof. Its accommodation is arranged over two floors and comprises a kitchen/breakfast room and sitting room on the ground floor and open plan bedroom/sitting area leading to an en-suite shower room on the first floor.

Annexe at Stable Flat

An annexe known as Piggy Palace is attached. It is constructed of rendered elevations with stone quoins under a natural stone slate roof with accommodation comprising a kitchen/dining area, double bedroom with en-suite shower room, side lobby, and wet room. A ships ladder leads to a mezzanine floor.

A two bay Dutch Barn

Fronts the yard.

The Granary

Comprises a two storey building of natural stone under a tiled roof with accommodation arranged on two floors. Attached to the granary is a range of four loose boxes of rendered elevations under a mono pitched asbestos roof.

Approached from the yard and set in front of The Threshing Barn is a two bay single storey storage building of timber and block construction under corrugated iron and asbestos sheet roof.

The Tower

(Photograph on back page) A Grade II Listed building constructed of natural Cotswold stone with ashlar quoins, crenelated parapet and crocketed finials. The accommodation is arranged over two floors and comprises a lobby, bathroom, kitchen and sitting room on the ground floor and a double bedroom on the first floor.

The Tower is set within a large walled garden which has the remains of a traditional Victorian greenhouse. Timber shed. The Tower and lower walled garden is approached from Parsons Corner (Well Lane) via a pair of painted gates. Alternatively the lower walled garden may be accessed through a pair of gates and steps from the main yard.

Place of sale

North Cotswold Saleroom, Bourton-on-the-Water, Gloucestershire, GL54 2AR on Wednesday 15th December 2021 at 6pm precisely.

Conditions of Sale and Auction Pack

The Conditions of Sale and Legal Auction Pack will be available from the Vendor's Solicitors offices from 19th November. They will not be read out at the Auction. It will be assumed that the purchaser has bid with full knowledge of such conditions of sale whether in fact he or she has inspected the same or not.

Prospective Purchaser's

Parties interested in purchasing Fosseway Farm are advised to register an interest with the agents prior to the auction so that they may be advised of any variations or updates.

Reserve

Fosseway Farm will be offered for sale subject to an undisclosed Reserve and the Vendors retain the right for the Auctioneers to bid on their behalf up to the Reserve Price. The Vendors also reserve the right to sell or withdraw the property prior to auction.

Money Laundering

Anyone wishing to bid at the auction will be required to provide proof of identity to satisfy the Money Laundering Regulations before the auction commences. This will need to be a proof of address (utility bill no older than three months or council tax bill for the current period) and photographic ID (driving licence or passport).

Auction process and Completion

On the fall of the hammer, the purchaser will be required to sign the contract in the sale room and pay ten percent deposit by cheque or bankers draft (not cash). Completion will be 28th January 2022 or earlier by mutual agreement, when the balance of purchase monies are due.

Administration fee

The successful purchaser will be liable for an administration charge of £1,000 plus VAT (£1,200), payable to Tayler and Fletcher.

Solicitor

Kendall and Davies, Cheltenham House, The Square, Stow-on-the-Wold, GL54 1AB. Tel: 01451 830295. (Paul Huggins)

Tayler & Fletcher and any Joint agents for themselves and for the Vendors of the property whose Agents they are, give notice that (i) These particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract (ii) No person in the employment of or agent of or consultant to Messrs Tayler & Fletcher has any authority to make or give any representation or warranty whatsoever in relation to this property (iii) Measurements, areas and distances are approximate, Floor plans and photographs are for guidance purposes only and dimensions shapes and precise locations may differ (iv) It must not to be assumed that the property has all the required planning or building regulation consents. A list of the partners of Tayler & Fletcher LLP is available at each Tayler & Fletcher Office.

Arrange viewing 01451 798056

Tayler & Fletcher (Stow on the Wold)

The Square, Stow-on-the-Wold, GL54 1BL

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