Residential Development for sale

Yarmouth Road, Great Yarmouth

POA

Property Description

Key features

  • Approx. 8 acres
  • Outline consent for 93 dwellings

Full description

Tenure: Freehold

This eight acre site on the south side of Yarmouth road on the south of the village has recently received a Great Yarmouth Borough Council Planning Committee resolution to build 93 residential units subject to a s106 which is agreed in principle. The basis of the consent is as follows:- 93 dwellings 20% affordable - 40% of which shared equity Education contribution, library contribution and NCC fire contribution Total - 397,123.60 NO CIL Surface water solution ALL REPORTS AND DATA ARE AVAILABLE FROM THE DATA ROOM - Aldredscommercial.co.uk in a ZIP fileThe paperwork is currently being finalized with NP Law and Great Yarmouth Planning department.


THE SITE 
The site lies immediately to the south of the village, to the southwest of Yarmouth Road. The site is currently in agricultural use, and is well-positioned for easy access to the village amenities, with a new pedestrian footway forming part of the planning consent. There is an electricity substation in the north-western tip, and the site is broadly level and well-enclosed to all boundaries. A permissive footpath currently runs through the site; this is being formalised and re-routed as part of the development of the site.

SERVICES 
The site has availability for all services except gas. Prospective buyers should satisfy themselves of availability and likely costs of connection.

AREA 
The site extends to an area of 8.32 acres (3.37 ha). Solicitors to confirm exact boundaries.

PLANNING 
A resolution to grant outline planning consent was given by Great Yarmouth Borough Council in April 2017 for ?residential development of 93 dwellings, associated public open space and new vehicular access from Yarmouth Road? ? reference 06/16/0583/O. The Section 106 agreement is close to being finalised, and includes: ? Affordable housing provision at 20% ? Education, Library and NCC Fire contributions totalling £397,123.60

ARCHEOLOGY 
There is no major archaeology requirement in the brief.

TENURE 
The site is to be sold freehold. The land is currently farmed and vacant possession will be provided.

POSSESSION 
The site is currently farmed. The purchase will be on the basis of vacant possession latest Michaelmas 2017.

SELLING PROCESS 
Offers are sought on an unconditional basis, with all bids to be sent to Mark Duffield at Aldreds.

DATA ROOM 
All reports and relevant information are available in the Data Room at www. aldredscommercial.co.uk

VIEWING 
The site can be accessed on foot via the permissive footpath without prior appointment.

VAT 
VAT will not be charged on the sale price.

LEGAL COSTS 
Each party will be responsible for their own legal costs.

More information from this agent

Nearest station

  • Great Yarmouth (5.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Aldreds, Great Yarmouth - Commercial

17 Hall Quay, Great Yarmouth, NR30 1HJ

01493 493208 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

  • Great Yarmouth (5.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Aldreds, Great Yarmouth - Commercial

17 Hall Quay, Great Yarmouth, NR30 1HJ

01493 493208 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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