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Residential Development Land At 22, 24 and 26, Wolborough Street, Newton Abbot , Devon, TQ12

For sale: £500,000.00|0.29 Acres|General Retail, Other, Other, Retail, Other Property Types & Opportunities

Property details

FOR SALE£500,000.00
SIZE0.29 Acres
ADDRESSResidential Development Land At 22, 24 and 26, Wolborough Street, Newton Abbot , Devon, TQ12
TYPEGeneral Retail, Other, Other, Retail, Other Property Types & Opportunities
TENUREUnder Offer, For Sale Freehold
POSTED ON2nd January 2024

Description

For Sale Residential Development Opportunity - Land for Town Centre 38 Apartment Scheme and 2 Retail Units
Offers invited in anticipation of a successful planning approval. The previous consents have now lapsed and the vendors are in the process of renewing the development consent which is expected shortly.

The property comprises an 'L' shaped parcel of brownfield land. The area is currently hard surfaced in part and boundaries heras fenced. The land is partially overgrown with vegetation. External areas surrounding the land have been landscaped and provide public open space.
- Prominent Corner Plot
- 0.29 Acres (0.117 Ha)
- Suitable for a range of uses (Subject to Planning)
- Pending Approval for 38 apartments and retail uses.

The pending application scheme proposes a contemporary five storey apartment scheme of 38 residential (C3) apartments with two ground floor retail areas. The scheme proposes 13no. 2 bedroom 4 person apartments and 25no. 1 bedroom 2 person apartments. The application provides for NIL affordable housing, NIL S.106 contributions but is subject to CIL.

The new design is subject to varied elevations, blue roof attenuation and has a smaller footprint of that previously approved. The smaller footprint avoids a sewer easement which borders the site (see layout plans).

The site is located in the jurisdiction of Teignbridge District Council and is subject to the below pending planning application which provides for renewal of the previous consent with modifications.The site was historically consented for residential, retail and hotel uses.

22/00579/MAJ - Erection of a part four, part five storey building to provide 38 residential units (Class C3) and associated facilities with retail accommodation at ground floor levels (Class E/Sui Generis). Pending determination.

Previous Planning Approvals:

17/02715/MAJ - Erection of part four, part five-storey-building providing 38 retirement apartments (Class C3), and associated facilities with retail accommodation at ground-floor level (units with flexible uses in classes A1 to A5). Approved 8 February 2019.

14/01015/MAJ - 27 flats above retail area (classes A1 to A5). Approved 10 October 2014.

Please contact us for a copy of the Information Pack ( Agency Pilot Software ref: 5736 )

Location

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Location: Residential Development Land At 22, 24 and 26, Wolborough Street, Newton Abbot , Devon, TQ12

Newton Abbot (0.7 miles)

Torre (4.9 miles)

Teignmouth (5.5 miles)

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