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Agent's details

The Old Granary Site, Station Hill

For sale: £1,250,000.00|1.1 Acre|Land, Other, Residential, Commercial Land, Other Property Types & Opportunities

Property details

FOR SALE£1,250,000.00
SIZE1.1 Acre
ADDRESSThe Old Granary Site, Station Hill, Thurston, IP31 3QU
TYPELand, Other, Residential, Commercial Land, Other Property Types & Opportunities
TENUREFor Sale Freehold
POSTED ON27th July 2022

Description

Key Points

  • Site area of approx. 1.1 acres (0.446 ha)
  • Popular and well served village
  • Excellent communications to Bury St Edmunds, Cambridge and Ipswich
  • No affordable housing contributions
  • No CIL contributions
  • Summary

    Residential flat development site with planning for 53 units

    Description

    Residential flat development site with planning for 53 units

    - Site area of approximately 1.1 acres (0.446 ha)
    - Popular and well serviced village
    - Excellent communications to Bury St Edmunds, Cambridge and Ipswich
    - No affordable housing contributions
    - No cil contributions
    - Offers sought on an unconditional basis

    For more information please download the brochure and access the Data Room on the Hazells homepage

    Viewings

    Strictly by appointment with the sole agents Hazells. Call 01284 702626

    Location

    Thurston is a popular and well served village located approximately five miles east of Bury St Edmunds and with a resident population of 3,300 (Census 2011). It is well connected being situated only two miles north of Junctions 45 and 46 of the A14 and having its own railway station.
    The village is extremely well serviced with a railway station, a good selection of local shops, post office, Co-Op convenience store and two public houses, The Fox & Hounds and The Victoria. The village also has a veterinary practice as well as primary school & secondary/sixth form colleges (Thurston Primary School - Ofsted Good & Thurston Community College - Ofsted Good). A wide variety of popular and well supported community offerings are also provided including the New Green Centre, Thurston Football Club and Thurston Rugby Club.
    The subject site is conveniently situated on Station Hill, within close proximity to the railway station and immediately adjacent to the Co-Op convenience store and other local amenities.
    The nearest notable settlements to Thurston are:
    • Bury St Edmunds 5 miles west
    • Thetford 13 miles north
    • Ipswich 22 miles south east
    • Newmarket 22 miles west
    • Cambridge 34 miles west
    Thurston railway station is situated on the Ipswich to Ely line and provides hourly commuter services to Ipswich, Cambridge, Bury St Edmunds, Ely and Newmarket. As well as connecting services to London Liverpool Street (via Stowmarket) or London Kings Cross (via Cambridge).

    Terms

    Available freehold with vacant possession.

    Specifications

    The site comprises a single parcel of land accessed from Station Hill, Thurston. The site is bounded by residential properties on Field View and public open space forming part of the New Green Centre to the north. To the south the site boundary abuts the Ipswich to Ely railway line. To the east the land forms part of the railway embankment and to the west the site adjoins and shares access with the first phase of redevelopment of the Old Granary site.
    The first phase has been successfully developed by the Vendor and comprises six ground floor retail units, all let and anchored by the Co-Op, and nine first floor flats.
    The second phase and subject site, comprises three blocks of residential flats (E, F & G) with associated parking, circulation and landscaping areas. A total of 53 units are provided within the three blocks, each of which are arranged over four floors.

    The Vendor will be retaining the land associated with Block D and existing workshop in order to develop further retail units and associated car parking.
    By reference to Ordnance Survey plans we calculate the total site area extends to approximately 1.1 acres (0.446 hectares).
    There are no affordable housing or CIL contributions required under the current planning consent.

    Promo

    Residential flat development site

    Location

    marker
    Location: The Old Granary Site, Station Hill, Thurston, IP31 3QU

    Thurston (0.1 miles)

    Bury St Edmunds (4.2 miles)

    Elmswell (4.4 miles)

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