Land For Sale £400,000
The site - PL15 9SA
This residential development opportunity is located on the southern edge of St Giles on the Heath and comprises a site of c. 1.90 acres with outline planning approval for the construction of 16 new dwellings. Although the details of scale, design, layout etc are for future approval, the planning decision notice sets out that the future development shall consist of 4 x 1 bedroom dwellings (social rent), 4 x 2 bedroom dwellings (1 x intermediate, 1 x social rent and 2 x open market) and 8 x 3 bedroom dwellings (2 x social rent and 6 x open market). The land is proposed to be accessed from the adjacent A388 and is relatively level.
Interested parties should note that the vendors own the adjoining land to the west (extending to an additional c. 0.99ha / 2.46 acres) and which may be available by separate negotiation, with either conditional or unconditional offers invited.
St giles on the heath
The village of St Giles on the Heath is located approximately 6 miles from Launceston and offers a range of facilities, including a general store/sub post office, public house, well acclaimed county primary school and parish church. A few miles from the village is Roadford Lake with its leisure facilities, boating facilities and extensive walks.
The nearby town of Launceston offers a wider range of shopping, commercial, educational and recreational facilities and lies adjacent to the A30 dual carriageway providing access to the M5 at Exeter. There are a number of private schools nearby - Shebbear College (Beaworthy), St Joseph's (Launceston) and Mount Kelly College (Tavistock).
Method of sale
The freehold site is offered for sale by private treaty with a Guide Price of £400,000. The vendors would also consider conditional (subject to planning) for alternative, larger development schemes to include some/all of the development land to the west of the approved site.
Alternatively, they may consider option agreements/conditional offers for this additional land from parties making unconditional bids for the development site itself.
VAT
The Agents understand that this site is not elected for VAT and therefore VAT will not be payable upon the purchase price.
Viewing
Please contact the vendors sole agents klp ) to arrange to view the site.
Planning
Planning application ref. 1/1002/2019/outm was approved by Torridge District Council on the 16th October 2020, granting outline planning permission for up to 16 no. Dwellings with all matters reserved except for access. Copies of all relevant planning documents and associated reports are available from the Agents upon request.
Utilities
The Agents understand from documents accompanying the planning application that the proposed development scheme is proposed to connect to an existing foul sewer in the A388 via an adoptable standard pumping station. A Drainage Strategy Report provides a solution for surface water via soakaway and attenuation on site. Interested parties are advised to contact the relevant utility providers to confirm the location and capacity of all required services prior to making any offer.
S106 & cil
There are no cil payments applicable to the approved consent but an accompanying S106 agreement requires a payment toward secondary education of £943.33 for each qualifying dwelling.
This residential development opportunity is located on the southern edge of St Giles on the Heath and comprises a site of c. 1.90 acres with outline planning approval for the construction of 16 new dwellings. Although the details of scale, design, layout etc are for future approval, the planning decision notice sets out that the future development shall consist of 4 x 1 bedroom dwellings (social rent), 4 x 2 bedroom dwellings (1 x intermediate, 1 x social rent and 2 x open market) and 8 x 3 bedroom dwellings (2 x social rent and 6 x open market). The land is proposed to be accessed from the adjacent A388 and is relatively level.
Interested parties should note that the vendors own the adjoining land to the west (extending to an additional c. 0.99ha / 2.46 acres) and which may be available by separate negotiation, with either conditional or unconditional offers invited.
St giles on the heath
The village of St Giles on the Heath is located approximately 6 miles from Launceston and offers a range of facilities, including a general store/sub post office, public house, well acclaimed county primary school and parish church. A few miles from the village is Roadford Lake with its leisure facilities, boating facilities and extensive walks.
The nearby town of Launceston offers a wider range of shopping, commercial, educational and recreational facilities and lies adjacent to the A30 dual carriageway providing access to the M5 at Exeter. There are a number of private schools nearby - Shebbear College (Beaworthy), St Joseph's (Launceston) and Mount Kelly College (Tavistock).
Method of sale
The freehold site is offered for sale by private treaty with a Guide Price of £400,000. The vendors would also consider conditional (subject to planning) for alternative, larger development schemes to include some/all of the development land to the west of the approved site.
Alternatively, they may consider option agreements/conditional offers for this additional land from parties making unconditional bids for the development site itself.
VAT
The Agents understand that this site is not elected for VAT and therefore VAT will not be payable upon the purchase price.
Viewing
Please contact the vendors sole agents klp ) to arrange to view the site.
Planning
Planning application ref. 1/1002/2019/outm was approved by Torridge District Council on the 16th October 2020, granting outline planning permission for up to 16 no. Dwellings with all matters reserved except for access. Copies of all relevant planning documents and associated reports are available from the Agents upon request.
Utilities
The Agents understand from documents accompanying the planning application that the proposed development scheme is proposed to connect to an existing foul sewer in the A388 via an adoptable standard pumping station. A Drainage Strategy Report provides a solution for surface water via soakaway and attenuation on site. Interested parties are advised to contact the relevant utility providers to confirm the location and capacity of all required services prior to making any offer.
S106 & cil
There are no cil payments applicable to the approved consent but an accompanying S106 agreement requires a payment toward secondary education of £943.33 for each qualifying dwelling.
