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Laceworks, Derby Road

For sale: POA|2.52 Acre|Residential

Property details

FOR SALEPOA
SIZE2.52 Acre
ADDRESSLaceworks, Derby Road, Barnstaple, EX32 7EU
TYPEResidential
TENUREUnder Offer, For Sale Freehold
POSTED ON9th July 2021

Description

Key Points

  • Site area of 1.02 hectares (2.52 acres)
  • Residential Development Opportunity
  • Situated opposite Yeo Valley Primary School within walking distance of Barnstaple Town Centre
  • Brownfield site suitable for conversion of Grade II listed buildings and provision of new build
  • Suitable for development of open market housing, affordable housing or later living accommodation
  • Freehold Sale
  • Summary

    On the instructions of Homes England - For Sale The bid deadline for this site opportunity is 1pm on Friday 27th November 2020.

    Location

    Barnstaple is the main market town of North Devon and is the main location in the area for the provision of further and higher education, for the District General Hospital and for comparison shopping facilities. Northern Devon has a £2.2 billion economy which supports around 7,700 businesses and 66,000 jobs. The North Devon Link Road (A361) and the Atlantic Highway (A39) run east-west, connecting the area to the M5 and to north Cornwall. Rail travel is provided by the improved Tarka Line, connecting Barnstaple and Exeter Central stations. Barnstaple also acts as the gateway to many of North Devon’s best beaches, including Croyde, Woolacombe and Saunton Sands. The North Devon and Torridge Local Plan 2011-2031 confirms, Barnstaple will be the focus for future growth in northern Devon. Significant levels of development will be accommodated in the town consistent with its scale and strategic importance as a service and employment centre. Of the planned provision for a minimum of 17,220 dwellings and 84.9 hectares of employment land, Barnstaple will deliver 4,139 homes and 21.6ha of employment.

    Introduction

    The Laceworks is within walking distance of Barnstaple town centre and is owned by Homes England. The frontage buildings are Grade II Listed and are suitable for conversion, with the remainder of the site currently being cleared to allow for new build development. Offers for the site are invited subject to securing detailed planning permission and listed building consent for redevelopment.

    The Property

    The Laceworks is located a 10-minute level walk east of Barnstaple town centre. It has a site area of approximately 1.02 hectares (2.52 acres) and comprises a former laceworks factory with a Grade II Listed two and three storey element together with ancillary buildings that are currently being demolished. Primary access to the site is provided via Derby Road with secondary access from Princess Street. Yeo Valley Primary School is located opposite the site to the south, whilst Park View Road runs along the eastern boundary. We understand that as the rear buildings are currently being demolished and the retained building is Grade II Listed, business rates will not be chargeable whilst the property is vacant.

    Planning

    Planning consent was granted (Ref: 66924) in August 2019 for the partial demolition of areas of the Laceworks assessed to have little or no heritage significance to enable future works. Additional areas for demolition have been requested within a new planning application (Ref: 71058), which was submitted in January 2020 and is currently awaiting a decision. Details relating to these applications can be found on the North Devon Council's online planning portal.

    Tenure

    The site is held Freehold by Homes England under title no. DN413316

    Location

    marker
    Location: Laceworks, Derby Road, Barnstaple, EX32 7EU

    Barnstaple (0.7 miles)

    Chapelton (5.0 miles)

    Umberleigh (6.8 miles)

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