Stonegate Homes has put the derelict Tudor Motors' site up for auction – just a month after receiving the final green light from Mole Valley Council for building work to start.
Stonegate acquired the site, on behalf of a client, more than four years ago and has permission to build a three-storey development of 12 apartments with ground floor retail space.
In an email to the FRA, Stonegate claims: “The delay in granting permission has made it impossible for our client to proceed at this time.”
And the company adds: “We did not foresee that we would have to endure years of difficult planning issues with MVDC and their planning committee. There have been significant costs to our client during this 4 year period and for financial reasons he now has no option but to sell the site.
The sale will be conducted by Allsop & Co on 31st March with a guide price of £1,500,000.
Commenting on the news Fetcham Residents Association chairman, Tim Waller, said:
“This is very disappointing for both the residents of Fetcham and for local traders. Every day they have to look at the eyesore of the dilapidated hoardings surrounding the site which present a hazard to pedestrians. The apparent lack of caring attitude of the company, and no remedial action to the hoardings apart from a cursory lick of paint, has severely undermined both the look of the village and trade prospects.”
On Friday March 6th the Council served a legal notice on the site owner, Littleworth Properties of Esher, to repair the dilapidated site hoardings.
The company has 28 days to comply, a deadline which falls after the date of the planned sale by auction.