Property description

Princesshay, which has a wide range of department stores including John Lewis, shops, cafés and restaurants with open piazzas.

Junction 28 of the M5 is accessible at Cullompton, about seven miles away.

Lot 1 – Livingshayes Barns

A range of barns with full planning permission granted for conversion to provide 7 properties

DESCRIPTION

This substantial range of brick barns form a traditional courtyard setting and have the benefit of full planning permission to convert into 7 residential dwellings with each unit being well-proportioned and cleverly designed, comprising:

Unit 1: 1 bedroom single storey (the “affordable” property)
Unit 2: 2 bedroom single storey
Unit 3: 2 bedroom 2-storey
Unit 4: 2 bedroom 2-storey with large roundhouse
Unit 5: 3 bedroom 2-storey
Unit 6: 2 bedroom 2-storey
Unit 7: 2 bedroom 2-storey

Surrounding the property are several paddocks, formed predominantly of pasture land.

PLANNING
Full planning permission has been granted by Mid Devon District Council by decision notice dated 20 March 2014. A full history is available on their website (reference 12/01426/FULL) or alternatively from the vendors agents.

SECTION 106
The vendor has entered into a unilateral planning obligation with the local authority with regards to provision of public open spaces.

AFFORDABLE HOUSING
Unit 1 constitutes the affordable housing element of the development. South Devon Rural House Association Ltd have confirmed their interest.

Lot 2 – A paddock extending to approximately 2 acres
Adjoining Lot 1 is a paddock of pasture land which lies to the west of Livingshayes Barns. The purchaser of this Lot will need to erect a fence between Lots 2 and 3 (should they be sold separately).

Lot 3 – Livingshayes Farm
A block of approximately 126.39 acres (51.15 hectares) of arable and pasture land

The land available with Lot 2 extends to approximately 126.39 acres in total and has been let on a Farm Business Tenancy. The tenancy on this land ends on 29th September 2015.

The land is formed of a mix of arable and pasture land although some of the pasture fields have been used in an arable rotation previously. The land is classified on the Land Classification Maps as Grades 2 & 3 land and is formed of the Crediton Series of typical

brown earths. The fields are accessed off Livingshayes Lane and then by a series of internal farm tracks. There is planning permission for the provision of a new farm track through the land to the South West of the Farm.

Situated to the north of Livingshayes Bungalow (Lot 4) is the site of the former silage pit, which is accessed off the main farm track. This has not been used recently but does provide a useful area for potential storage. The land also has the benefit of planning permission for the establishment to add a new farm track on the western side of the farm.

Lot 4 – Livingshayes Bungalow
A three bedroom bungalow with wonderful views and delightful gardens
Entrance Hall - Sitting room - Dining room/Bedroom - Kitchen - Two further bedrooms - Family bathroom - Separate WC - Garden - Off street parking - Single storey store

The property
Livingshayes Bungalow is approached through its own wooden gate which leads straight into a parking area in front of the property. The main entrance leads of the parking area and leads into the hall. To the right of the hall is the bright triple aspect sitting room which features exposed beams, a wood burner with brick surround and a slate hearth. To the left of the hall is a WC which also houses the water tank.

Straight ahead is the kitchen with wooden fitted units, an integrated dishwasher and views over the surrounding farmland.

A further hall leads through to the dual aspect dining room, which could be used as the third bedroom and two further bedrooms.  .A family bathroom completes the accommodation. The property is double glazed throughout

Outside
The property benefits from a pretty well-maintained garden, mostly laid to lawn with well-established trees, shrubs and spring bulbs. Stone paths lead to upper level with a  greenhouse and summerhouse, perfect for sitting in the sun.

Attached to the bungalow is a single storey lean to currently used as a utility area with plumbing and electricity. A further wooden log store completes the outside.

Lot 5 - A paddock extending to approximately 4.98 acres
Situated to the south west of Livingshayes Farm, on the outskirts of Silverton, is a paddock extending to approximately 4.98 acres.  This paddock is formed of sloping pasture land and adjoins Lot 6. The purchaser of Lot 5 will need to erect a fence between Lots 5 & 6 within 3 months of completion. An overage agreement is being attached to Lot 5 and further information is available from the vendors agents.

Lot 6 - A paddock extending to approximately 2.01 acres
Situated to the south west of Livingshayes Farm, on the outskirts of Silverton, is a paddock extending to approximately 2.01 acres.  This paddock is formed of sloping pasture land and adjoins Lot 5.

An overage agreement is being attached to Lot 6 and further information is available from the vendors agents.

Tenure and method of sale The property is offered for sale by private treaty, freehold, with vacant possession on completion, subject to the tenancies outlined in these details.
Services Water from a private borehole and private drainage.
Management Company The Buyer of Lot 1 agrees to incorporate a management company (limited by share capital) which is to become the registered proprietor of all private paths roads open spaces and communal facilities arising out of the implementation of the Planning Permiion. The Buyer of Lot 3 and the Buyer of Lot 4 will also be provided with shares in the management company.

Sporting and timber rights All sporting rights and standing timber as far as they are owned are included in the freehold sale.

Tenancies The land has been let on a Farm Business Tenancy which expires on 29th September 2015.

Stewardship schemes As far as the vendors are aware, the land is not entered into any stewardship scheme or agreements.

Wayleaves, easements and rights of way The property is being sold subject to and with the benefit of all rights including: rights of way, whether public or private, light, support, drainage, water and electricity supplies and other rights and obligations, easements and quasi-easements and restrictive covenants and all existing and proposed wayleaves whether masts, pylons, stays, cables, drains, water and gas and other pipes whether referred to in these particulars or not.

Basic Payment Scheme The land is not being sold with any Entitlements.

Overage Agreement Lots 5 and 6 are sold subject to an overage agreement of 25% lasting for 50 years from the date of completion. Further information is available from the vendors agent.

Local Authority Mid Devon District Council, Phoenix House, Phoenix Lane, Tiverton, Devon

EX16 6LB Tel: 01884 255255.

EPC rating ?

DIRECTIONS
From Exeter take the A396 Exe valley road towards Tiverton. After the village of Rewe take the 3rd turning on the right signposted Silverton (Upexe Road). Follow this into the centre of the village and turn right at the mini roundabout in thevillage square with the village shop on your right. Continue on School Road and on arriving at  the “mini” roundabout take the first left to Coach Road. Follow this road where Livingshayes Road is then found on your right and Livingshayes Farm is at the end of this road.

VIEWING
Strictly by confirmed appointment through Strutt & Parker 01392 215631 or Helmores 01363 777 999

Property Features :

• This mixed farm with range of barns for conversion - as a whole or in lots
• Lot 1 Livingshayes Barns - A range of barns with full planning permission granted for conversion to
• Lot 2 - A paddock extending to approximately 2 acres
• Lot 3 Livingshayes Farm - A block of approximately 126.39 acres of arable and pasture land
• Lot 4 Livingshayes Bungalow - A three bedroom bungalow with wonderful views and delightful gardens