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EXCLUSIVE RESIDENTIAL DEVELOPMENT OPPORTUNITY **FOR SALE** LAND EAST OF MELTON ROAD, EDWALTON, NOTTINGHAM, NG12 4DB

For sale: POA|2.4 Acres|Residential, Land, Commercial Land

Property details

FOR SALEPOA
SIZE2.4 Acres
ADDRESS229 Melton Road, Edwalton, Nottingham, Nottinghamshire, NG12 4DB
TYPEResidential, Land, Commercial Land
TENUREDevelopment Opportunity
POSTED ON21st March 2022

Description

FOR FULL PROPERTY PARTICULARS PLEASE VISIT THE BOX PROPERTY WEBSITE: https://www.boxprop.co.uk/property-search

KEY FEATURES

- For Sale
- Full planning permission for 8 executive homes
- Freehold
- Site Area Approximately 1 ha (2.4 acres)
- Residential development land
- Attractive and accessible location
- Sought after high value residential area.

LOCATION
Edwalton adjoins West Bridgford, Nottingham’s premier residential location. The development site is situated on the east side of Melton Road approximately 0.4 miles from the Edwalton Wheatcroft’s roundabout. The site is 4 miles to the south of Nottingham City Centre and within Rushcliffe Borough district council. Edwalton is an ideal commuter location due to its proximity to a number of arterial roads including Melton Road (A606), Loughborough Road (A60), and the outer Ring Road (A52), providing efficient access to Nottingham City Centre as well as the surrounding towns and suburbs including Tollerton, Loughborough, Mansfield, Melton Mowbray, Bingham, Derby and Leicester. The A52 Ring Road also provides direct access to the A453 and A610 which link to J24, J25 and J26 of the M1 Motorway. Nottingham Railway Station is situated approximately three miles (5 km) to the north of the subject site and due to the position of the site adjacent to Melton Road (A606), there are a number of bus links which provide efficient access to the City Centre and surrounding areas of West Bridgford, Edwalton, Keyworth, Tollerton and Plumtree. West Bridgford town centre is located approximately two miles (3 km) from the site and provides a range of retail and leisure amenities from both independent and national occupiers, such as M&S Simply Food, Co-Op, Boots, Côte Brasserie, Pizza Express, Cafe Nero, Costa, Oliver Bonas, Wagamama’s and Giggling Squid.

SITUATION

Edwalton is an extremely desirable and affluent suburb of Nottingham, it is a highly sought after residential location, with the immediate area characterised by substantial and attractive private residences, as well as the significant Edwalton residential development by Barratts, David Wilson, Bovis, Bellway, Bloor and Taylor Wimpey, all of whom are either currently
on site or have completed. The area is synonymous with an eclectic mix of top-quality retail and leisure shopping areas which is a hub of vibrancy catering for all ages and demographic thanks to its finely balanced representation of both award-winning independent operators and national multiples. Edwalton has excellent primary and secondary schools. The following are in the catchment area of the Subject Site: Edwalton Primary School - Ofsted rating Good Rushcliffe Secondary School - Ofsted rating Outstanding The site is bound to the north by a residential dwelling, to the west by Melton Road, to the south by a small residential scheme known as Hill Farm Court and the eastern boundary is a former railway line and Edwalton Golf Club.

SITE AREA

Having undertaken a measured survey of the site using our Promap Ordnance Survey system we calculate the site area to be as follows: Approximately 1 ha (2.24 acres).

DESCRIPTION

Generally the site is irregular in shape and comprises paddock land and mature trees creating a unique green enclave in this vibrant suburban area. The entrance to the proposed development site is within our client’s ownership with a right of way granted to the owner of 229 Melton Road.

PLANNING

The site is covered by the Rushcliffe Local Plan Part 2 which was adopted
in October 2019.

Full planning consent has been granted on 23/12/2021 for the erection of eight executive detached dwellings and garages. The site benefits from planning for a 100% private unit scheme with no affordable housing or S106 contributions.

The site is subject to Tree Preservation Orders which have ‘fixed’ the site layout to deliver a market facing planning permission. The public footpath passing through the site must be retained.
Planning Reference - 21/02906/FUL

https://planningon-line.rushcliffe.gov.uk/online-applications/applicationDetails.do?keyVal=R234Q8NLHSB00&activeTab=sumw mary

Rushcliffe Borough Council implemented a Community Infrastructure Levy (CIL) in October 2019. The site falls within charging zone 5, which imposes a charge of £100 per square metre of internal floor area. CIL is therefore applicable on this site.

SITE INFORMATION

The following reports which have been commissioned by the Seller and are available from the Agent in the form of an information pack (Please note that this is not an exhaustive list.
- Arboricultural Survey
- Design and Access Statement
- Ecological Appraisal
- Noise assessment
- Phase 1 & 2 Ground Report
- Technical Note relating to access
- Topographical survey

SERVICES

Mains water, drainage, gas and electricity are understood to be available in the vicinity. Prospective purchasers should satisfy themselves, through their own enquiries of the relevant local authority, as to the availability suitability and capacity of services to the site.

METHOD OF SALE

The site is offered by way of Private Treaty. Offers are invited for the freehold interest. Offer should be made in writing and should include the following:
- Any conditions relating to your offer
- Proposed timescales
- Solicitors details
- Confirmation of the Purchaser and Payment and funding profile

Please note that the Seller will not be obligated to accept the highest or
indeed any other offer.

VIEWINGS

Strictly by appointment with Box Property.

VAT

We are advised that VAT will not be applicable to the sale price but this is subject to confirmation by the Seller’s solicitor.

TENURE

The site is offered freehold with vacant possession upon completion.

VIEWING ARRANGEMENTS

The site is secure but can be seen from the road. Please contact the Agents if you would like to access the site.
Please note neither the Seller nor their Agents take any responsibility for loss of injury on site, all viewings are undertaken at your own risk.

Location

marker
Location: 229 Melton Road, Edwalton, Nottingham, Nottinghamshire, NG12 4DB

Nottingham (3.0 miles)

Beeston (3.7 miles)

Netherfield (4.2 miles)

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