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For Sale£1,500,000.00

****Development opportunity***** Site offered for sale in Oldham *0.4 Hectare development site

Land, Residential Land, Commercial Land, Residential , 0.4 Hectares
Property type: Land, Residential Land, Commercial Land, Residential
Tenure: Development Opportunity, Investment Opportunity, For Sale Freehold
Size: 0.4 Hectares
Price: £1,500,000.00
Location: Land on Rifle Street near Henshaw Street, Oldham, OL1 2BW
Garrison Property are delighted to offer this development opportunity situated on the boundary of Coldhurst and St Mary's Ward of Oldham. This prime development site is located within the town centre of Oldham, with easy motorway and public transport access. The A627 access to the motorways is less than 1 mile away and the metro-link connecting the borough to all Greater Manchester towns is within walking distance. Manchester City centre is only 8 miles away.

The site is approximate 1 acre (0.4 hectares). There is a building on site that used to be the former territorial army's rifle range. The site benefits from historical planning granted for the erection of 30 (thirty) 4 (four) bedroomed town houses. This has now lapsed, however, the council are very keen to keep the site for housing development and have expressed their full support for a new application in view of the diminishing numbers of sites available for housing.

Oldham council has committed millions of pounds of investment in the complete regeneration and transformation of the town centre. The current site of Civic Centre is going to be transformed into high end luxury apartments and a hotel complex.

The Council administrative offices are going to be relocated 200m away from this site on sale. Furthermore, Oldham council has committed to building 1000 new houses due to to the huge shortage in the housing stock.

Development land for the purpose of building houses is at a premium in borough. With doorstep access to excellent local schools, amenities, shopping and healthcare, this premium sites provides an golden opportunity for a substantial return for the discerning investor/ developer.

Please contact Chris at Garrison Property to discuss this further


*** Agency fees apply

Disclaimer

Garrison Property endeavours to maintain accurate depictions of its properties in descriptions, however, these are intended only as a guide. These particulars do not constitute or form part of any offer or contract, nor may they be regarded as representations. All interested parties must verify their accuracy. Whilst every effort has been made to ensure accuracy this cannot be guaranteed.
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