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£475,000

1 bedroom Land Land, Land to the Rear of The Lodge Hospital Road Scorton Richmond DL10 6DX

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Outstanding development opportunity for 8 residential dwellings in this prime Yorkshire village with a GDV of £3.287M. The site benefits from 1) access already laid/splays in situ, 2) majority of conditions satisfied and 3) with only 2 intermediate affordable dwellings to be provided on site (can be sold at 80% of market value).

A rare opportunity to purchase a site truly 'shovel ready' with full permission for a bespoke development of 8 dwellings with:

1) Majority of conditions satisfied,
2) Access and splays already put in with a 9.8m wide access road,
3) potential for purchase of 'phase 2' development of approx 8 further dwellings on adjoining land, subject to performance and by separate agreement.

The site has permission and conditions discharged across 4 applications including:

16/00060/FULL - Full Planning Permission for Demolition of Part of Existing Wall to Enable Re-Opening of Access, Erection of 7 New Dwellings Together with Garages and Ancillary Works (As Amended)
17/00449/FULL - Full Planning Permission for One Proposed Dwelling and Garage (AWAITING DECISION NOTICE AND S.106 - SIGNED)
19/00881/DIS | Discharge of Conditions 6, 7, 8, 9 10, 13, 15, 16, 17 and 21 Attached to Planning Permission 16/00060/FULL
20/00075/DIS | Discharge of Condition 4 Attached to Planning Permission 16/00060/FULL

Across the two permissions, S.106 contributions total £79,456 (awaiting S.106 notice on 17/00449/FULL, but confirmed figure agreed).

Development totals 1308 sqm (14079 sq ft) with 180 sqm (1308 sq ft) of garage space provided in integral or detached units.

Nearest comparable new build site (Stags Close) achieving average £ per sq ft of £242.75 (including intermediate affordable dwellings at an average of £177 per sq ft).

The full sales pack is available by contacting Hugh Roberts at our office.

Offers should include agreement for access to be made up to an adoptable standard with access rights granted to the vendors retained land to the east, with agreement to make up the foul drains suitable for further development. The purchasing party will have first refusal on the second phase of development once planning is obtained and may be involved in the process of designing the site, however the vendor will not enter an agreement relating to this part until the first phase is purchased.

Scorton is a small village situated near Richmond, North Yorkshire, England. It is 5 minutes from the Richmond Junction of the A1M, providing excellent access to the commuter network. The village benefits from a local shop, post office, local pub, medical centre, village hall, petrol station and garage and a primary school.

Ofsted Results for primary and secondary schools are 'Good', with an 'Outstanding' ofsted result for the local nursery school.

Travel times include:

Richmond: 13 minutes
Northallerton: 20 minutes
Middlesborough: 36 minutes
York: 57 minutes
Newcastle: 56 minutes

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