Residential Development for sale

Brook Road, Brook Road, Ivybridge, Devon, PL21

Under Offer POA
1.2 ac.

Property Description

Commercial information

  • 1.2 acres (0.49 hectares)

Key features

  • Former care home with gross site area of 1.21 acres
  • Development to include 6 independent living units for people with moderate learning disabilities and a 3-bed learning/training house
  • Developer to develop remainder of site for its own purposes
  • Expressions of interest by midday 12 January 2018

Full description

Former local authority care home occupying a rectangular and essentially level site extending to a gross area of about 1.21 acres (0.486ha). The property is accessed by a spur off Brook Road and this is to be retained as the entrance into the site. The property includes the former care home building, which is a mix of two- and single- storey structures with some ancillary buildings and all set in landscaped areas.

Location


Situated in the heart of Ivybridge within 350m of the town centre in an established residential area. Easy vehicular access and pedestrian access to the town centre.

Accommodation


All areas are approximate and measured in accordance with the RICS Property Measurement (1st Edition).

The existing buildings provide a total gross internal area of about 16,250 sq ft (1510 sq m).

Planning


Informal pre-application discussions have been held with South Hams District Council regarding the principle of development but no planning application has been submitted. Discussions to date have been on the basis of a maximum of 38 residential units including 6 independent living units for people with moderate learning disabilities and a 3-bed learning/training house. Options include reuse of part of the existing buildings but complete site clearance is a possibility.

Rent / Price


Expressions of interest are invited for the provision of the 6 independent living units and the 3-bed learning/training house to Ivybridge Town Council and the purchase of the remainder of the site for development.

Expressions of interest should reflect the Development Criteria set out below and include details of the developer, a resume of previous schemes, indicative draft scheme for the site with accompanying narrative demonstrating how the Development Criteria will be met, the likely timescale for the scheme, the price offered and confirmation of availability of funding.

Expressions of Interest to be submitted in sealed unmarked envelopes to Vickery Holman, 26 Lockyer Street, Plymouth,PL1 2QW, labelled "Ivybridge Town Council Proposal" by noon on 12th January 2018.

See Information Pack available from Vickery Holman for full details of Ivybridge Town Council's selection process and further title and legal information and documentation.

Terms


The property comprises a freehold interest. The Freehold of the portion of the site (wherever that may be located) accommodating the 6 supported living units and the 3-bed learning/training house will be retained by the Council with the remainder being transferred as freehold title upon completion of the Town Council's units.

Services


We understand that mains electricity water gas and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries regarding capacity to cater for new development.

Legal Fees


Each party to be responsible for their own legal fees in relation to the transaction.

VAT


All figures quoted are exclusive of VAT if applicable.


More information from this agent

Nearest station

  • Ivybridge (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Vickery Holman, Plymouth

26 Lockyer Street, Plymouth, PL1 2QW

01752 966167 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Ivybridge (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Vickery Holman, Plymouth

26 Lockyer Street, Plymouth, PL1 2QW

01752 966167 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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