Land For Sale £500,000
Description
The property comprises a cleared and predominantly level development site extending to approximately 0.181 ha / 0.448 acres with detailed planning permission for seventeen 1,2,3 and 4 bedroom houses and apartments, together with a micro pub (recognising its previous use). The planning reference number is F/th/17/1407, details of which can be viewed at .
The site is located in an established residential area approximately 1.6 miles from the town centre. Margate is a popular seaside resort with its full complement of retail, leisure and social amenities as well as direct mainline rail connections into Central London (Victoria and St Pancras), Ebbsfleet International and the channel ports.
Planning
Planning Permission was granted in September 2019 for the development of 17 units. The planning permission was granted subject to a Section S106 Agreement requiring the payment of certain financial contributions totalling £27,481.27 together with an on-site affordable housing provision of 6 units.
The permission (subject to conditions) permits the erection of two, three and four storey buildings containing 5 x one bedroom flats, 5 x two bedroom flats, 5 x three bedroom houses, 2 x four bedroom houses with associated parking, bin and cycle storage, together with a micro pub on the ground floor. We believe that there maybe some opportunity to vary the current permission in terms of unit numbers, tenure and mix (subject to obtaining the necessary consents) but purchasers should make their own enquires in this regard.
The property comprises a cleared and predominantly level development site extending to approximately 0.181 ha / 0.448 acres with detailed planning permission for seventeen 1,2,3 and 4 bedroom houses and apartments, together with a micro pub (recognising its previous use). The planning reference number is F/th/17/1407, details of which can be viewed at .
The site is located in an established residential area approximately 1.6 miles from the town centre. Margate is a popular seaside resort with its full complement of retail, leisure and social amenities as well as direct mainline rail connections into Central London (Victoria and St Pancras), Ebbsfleet International and the channel ports.
Planning
Planning Permission was granted in September 2019 for the development of 17 units. The planning permission was granted subject to a Section S106 Agreement requiring the payment of certain financial contributions totalling £27,481.27 together with an on-site affordable housing provision of 6 units.
The permission (subject to conditions) permits the erection of two, three and four storey buildings containing 5 x one bedroom flats, 5 x two bedroom flats, 5 x three bedroom houses, 2 x four bedroom houses with associated parking, bin and cycle storage, together with a micro pub on the ground floor. We believe that there maybe some opportunity to vary the current permission in terms of unit numbers, tenure and mix (subject to obtaining the necessary consents) but purchasers should make their own enquires in this regard.
