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AGENT'S DETAILS


Land At Boscathnoe Way, Heamoor, Penzance, TR18 3JR

For sale: £3,000,000.00|10.6 Acres|Residential, Land, Land, Commercial Land

PROPERTY DETAILS

FOR SALE£3,000,000.00
SIZE10.6 Acres
ADDRESSLand At Boscathnoe Way, Heamoor, Penzance, TR18 3JR
TYPEResidential, Land, Land, Commercial Land
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON19th June 2020

DESCRIPTION

A greenfield site of 10.6 acres (4.3 hectares) consisting of four open agricultural fields with the exception of the traditional field boundaries which are an important elements of the site. Boscathnoe Lane provides a road frontage along the north boundary. There are existing houses to the east boundary. To the east of the site there is a significant belt of trees and the Boscathnoe Reservoir. Other notable features are a public footpath and the Larrigan River which flows to the south. The land to the south of the site is in agricultural use. A residential development of approximately 100 dwellings is proposed for the site. To the east of the site there are some housing estates. The land is earmarked to meet the future housing need.

Heamoor is a suburb of Penzance located in West Cornwall, situated approximately 1 mile to the northwest . Heamoor lies along the B3312 road which connects it to the A30 under a mile away. The subject land is located just off Boscathnoe Lane, 0.7 miles from the A30. It is part of the Penzance Civil Parish. Heamoor has a pub The Sportman's Arms 8 different retail outlets, as well as several other community facilities. Heamoor has two schools: Heamoor Community Primary School and Mount's Bay School and Community Sports College. The population as of the 2011 census was 4,185 which encompasses Gulval. 1.6 miles from Penzance 0.8 miles from the A30 2.6 miles from Penzance Railway Station 42.6 miles from Newquay Airport

The land is part of the Cornwall Council Policy PZ -H8 Heamoor. This policy outlines requirements for development in the area. For more information please refer to pages 38-39 of the 'Cornwall Site Allocation Development Plan Document November 2019' in the link: https:// www.cornwall.gov.uk/media/38344158/ allocations-dpd-full-doc-web.pdf

We understand that the subject land is under CIL band 4 which equates to £35.00 per sq. m. There will also be the following contributions:
- Education contribution per dwelling £2,300
- Affordable housing 30%
- Highways contribution which is site specific
- Open space site specific
- European site contribution such as a buffer £330 per house
Potential tenants are advised to make their own enquiries to Cornwall Council; Tel: 0300 1234 151; Email: planning@cornwall.gov.uk; Cornwall.gov.uk.

Greenfield site suitable for residential development

Potential to help meet the future housing needs of Penzance

Existing housing developments to the east of the site

Agricultural land to the south of the site

1.6 miles from Penzance, 0.8 miles from the A30

2.6 miles from Penzance Railway Station, 42.6 miles from Newquay Airport
( Agency Pilot Software Ref: 93 )

LOCATION

Location: Land At Boscathnoe Way, Heamoor, Penzance, TR18 3JR

Penzance (1.2 miles)

St Erth (5.9 miles)

Carbis Bay (6.5 miles)

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