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Chelynch Road, Shepton Mallet, Somerset, BA4

££4,500,000

Commercial For Sale

DESCRIPTION
Freehold quarry with associated land. Includes trading business and assets. Key Features

• Freehold purchase
• Includes profitable business with excellent reputation
• 200,000 + tonnes of reserve
• Extraction consent until 2042
• Owner willing to be retained for a management handover period
• Local and national demand from historical buildings and new builds
• Huge scope for alternative uses of the site, STPP
• Strategic Location adjacent A361 and edge of village
• Additional land by separate negotiation

Description

A unique and strategic opportunity to acquire a historical yet modern and profitable quarry, dating back to Roman times, with ample reserves for further stone production together with associated land offering huge scope for future alternative uses, subject to any necessary consents. Strategically located on the edge of a popular Somerset village and benefitting frontage onto the A361.

The consented quarry area, which is well screened by the woodland and planted bund, is comprised conveniently in two main areas either side of the principal stockpile and cutting yard. The yard office, two sawmill buildings and masonry buildings are well positioned around the yard. The showroom/office and workshop building is set within the lower yard and back onto the southerly quarry area. In total, the buildings extend to approximately 19,300ft2 Gross Internal Area. Floor plans available.

Both to the south and north are two areas of open farmland which offer scope for future further expansion, with reserves, the southerly field has extensive frontage onto the A361 and provides potential for a new access. There is also an area of woodland and historical quarried area. In total, the property extends to approximately 58.45 acres.

The business has been run by the current owner since 1994, together with employed and self-employed staff, TUPE regulations will apply where appropriate. The owner has successfully re-established the significance of the Doulting Stone brand and continues to produce exceptional quality stone and stone products for numerous notable buildings such as Wells Cathedral, private and general trade sales and contracts with regional and national house builders. There is an estimated 200,000 + tonnes of reserve, to give any future customers of the quarry confidence in the continued supply of this durable and aesthetically appealing stone.

Existing stock, business assets/fittings, goodwill and intellectual rights will be included. A list of the business assets included within the sale is available from the selling agents. There are a number of machines not being included but may be available by separate negotiation.

Two separate faces are being worked at present. There is permission to extract stone for the next c. 20 years. Further technical information in relation to the stone and quarry is available upon request or via the Doulting Stone website.

Additional Land by Separate Negotiation

There is additional land, as hatched blue, extending to approximately 17 acres available by separate negotiation. This land is located on the village edge and has been in previous masterplans for development.

Location

Situated within a strategic location in the Southwest of England on the outskirts of Doulting a Somerset village near Shepton Mallet. The property fronts onto the A361 providing convenient access to the A37 and A303. Bath and Bristol a situated approximately 24 miles northeast and 21 miles northwest respectively.

Method of Sale

For Sale by Private Treaty.

Viewings

Strictly by prior appointment with the selling agents Cooper and Tanner. Tel. 01458 84288. Please be aware alarms and CCTV in operation.

Uplift Clause

The field to the left of the entrance drive will be subject to a restrictive covenant restricting residential development for 15 years; terms to be negotiated.

Video Tour

Video tour available - https://www.youtube.com/watch?v=Sy229YvqC1Y

Local Council

Mendip district Council

Business Rates

£22,000 Rateable Value.

Services

Mains water and electric. Private drainage to tank. 3 phase electricity supply.

Tenure

Freehold, vacant possession upon completion.

Energy Performance

EPCs on request.
Yard Office – D Showroom – D

Brochure

Floorplans

floorplan

No EPC available for this property

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Office Details

Commercial Office
41 High Street
Glastonbury
BA6 9DS

0345 0347758
commercial@cooperandtanner.co.uk

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