Residential Development for saleTavistock Green, 273 Tavistock Road
Sold STC £825,000
Tavistock Green is located only 3 miles north of Plymouth City Centre and is conveniently located close to the airport, Derriford Hospital, business and retail parks and all major road and rail links.
Plymouth is located just over 40 miles from Exeter, 110 miles from Bristol and 220 miles from London. Plymouth is the nearest city to Cornwall, this enables it to have a large catchment area.This city has a population of approximately 250,000, more than double the population of the second largest city in Devon, Exeter, and a population of 350,000 within 12½ miles (20 kilometres) of the centre. The main focus of redevelopment is in the centre of the city, with sites such as Millbay and Devonport due to come forward over the next few years. The city is a major maritime centre for the navy and yachtsman alike. Plymouth is popular for water sports and there is a regular car ferry service to France and Spain. Plymouth is one of the main domestic navy ports in southern England and the largest navy base in Europe.
There is a main line station within Plymouth providing a regular service to London Paddington and the remainder of the country to the north and local services throughout Devon and Cornwall. The city has good road links via the Devon expressway A38 to the M5 and A30 to the north. The airport offers flights to a number of destinations within the UK and Europe.
Planning policy is contained by the Plymouth Local Plan, First Deposit (1995-2011).
The property is not listed, is not located in a Conservation Area but is subject to Tree Preservation Order which does not affect the proposals.
We have been provided with a copy of the planning consent and have made informal verbal enquiries of Plymouth City Council Planning Department and have been advised that planning permission, Application No. 10/01860/FUL for:-
“Conversion of Existing house into two dwellings (including removal of existing two storey side/rear extension and replacement with two storey side extension and single storey rear extension), and erection of 11 new dwellings with associated parking and landscaping(renewal of 07/01397/FUL)”
We have perused the various conditions attached to the above mentioned consent and would confirm that none would appear unusually onerous. Those of note are as follows:-
1. “The development hereby permitted shall be begun before the expiration of two years, beginning from the date of this permission” (being, 25 May 2011).
We draw interested parties to the fact that there is a Section 106 Agreement which comprises;
• Transport - £28,667.30
• Playspace - £16,422 + £12,190
• Primary Education - £33,896
• Administration - £4,558
A copy of the town planning documentation is attached at Appendix VI.
Highways :- We have been informed by Plymouth City Council Highways Department that the A386 is an adopted highway and maintained at public expense. We are informed that the Highways Authority is not aware of any proposals or schemes likely to adversely affect the subject property. We are aware that a triangle shaped parcel of land adjoining the site has been historically compulsory purchased by the local authority for a proposed road widening exercise on the approach to the roundabout.
We have been provided with the ‘Tavistock Green’ marketing brochure which contains copies of floor plans. The applicant has also provided and associated schedule of floor areas. These are confirmed as adhering to the consented scheme and detail the extent of the proposed accommodation. We note that the scheme aims to create a traditional ‘village green’ style of development. The site currently comprises a large Victorian, 2 storey residential house set in circa 1 acre. The site has consent for conversion of the house to 2 dwellings and removal and redevelopment of extensions and the erection of 11 dwellings. The site is in close proximity to the road but mature shrubs and trees screen and block a large degree of road noise. Accordingly, we understand that upon completion of the works, the scheme will be delineated to offer the following range of accommodation:-
Unit No. Description Area sq ft
Unit 1 3 Double Bedroom, period conversion 1,430 sqft
Unit 2 3 Double Bedroom, period conversion 1,458 sqft
Unit 3 Five Bedroom, end of terrace town house 1,496 sqft
Unit 4 Four Bedroom town houses 1,259 sqft
Unit 5 Four Bedroom town houses 1,259 sqft
Unit 6 Four Bedroom town houses 1,259 sqft
Unit 7 Four Bedroom town houses 1,259 sqft
Unit 8 Five Bedroom, end of terrace town house 1,496 sqft
Unit 9 Five Bedroom, end of terrace town house 1,473 sqft
Unit 10 Four Bedroom town houses 1,259 sqft
Unit 11 Four Bedroom town houses 1,259 sqft
Unit 12 Five Bedroom, mid terrace town houses 1,496 sqft
Unit 13 Four Bedroom, end terrace, town house 1,259 sqft
We have been instructed to seek interest from parties on the basis of a 'Joint Venture' project. Terms available upon request. Alternatively our client will consider a sale of the development opportunity with the benefit of the extension of the planning consent.
Each party to bear their own legal costs incurred in the transaction.
Allocated parking space with each unit plus 7 surplus parking spaces
We have been provided with a copy of the planning consent and have made informal verbal enquiries of Plymouth City Council Planning Department and have been advised that planning permission, Application No. 07/01397/FUL, was granted on 27 November 2007.
Strictly by appointment with the appointed SOLE AGENT
Maitlands Commercial - Mark Slade DipSurv -tel 01752 897901 - email: firstname.lastname@example.org
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