Prime Residential Development Opportunity

Freehold Development site for 14 units for sale.

The site extends to 0.67 acres (0.274 ha) and comprises land laid to hardstanding. It is being used as a pay and display car park at present. A one and two storey brick building currently sits on the site which is to be demolished. The site is bounded by Swan Street to the east and a number of historic buildings to the north, south and west.

Planning The site is situated within the Local Authority of West Suffolk Council. “Planning permission was approved in 2013 for the redevelopment of the site with 15 residential units. Since that application was determined a non-material amendment has been issues (NMA(B)/12/0451) together with a LDC (DC/17/1645/CLE) confirming that works to the access had commenced. As such this permission is extant and could be implemented”.

Full planning consent was granted on 23rd December 2019 for the “Variation of conditions 3, 10 and 20 of SE/12/0451/FULCA – to allow use of revised plans which include a reduction of dwellings to 14no. dwellings” (application ref: DC/19/1588/VAR).

There is no on site affordable housing provision. Full Section 106 details are available within the Information Pack. In summary, the contributions are as follows:

- Affordable Housing £438,715 - Education £174,370 - Library £3,794 - Child Care £12,530

Services Prospective purchasers are advised to make their own enquiries with the relevant service providers.

Tenure The site is to be sold freehold with vacant possession.

VAT Any guide price quoted or discussed is exclusive of VAT. In the event that a sale or any part or right attached to it becomes chargeable for the purposes of VAT and as such, the tax shall be payable by the purchaser.

Easements, Wayleaves and Rights of Way The property is offered subject to, and with the benefit or burden of all existing rights of way, wayleaves and easements, whether or not specifically referred to in these particulars.

Information Pack Access to an Information Pack containing the sales particulars, planning documentation and the title information are available upon request.

Method of Sale Unconditional offers are invited for the freehold interest.

Viewings Viewings should be arranged by prior appointment with the selling agents. Potential purchasers should note that Strutt & Parker take no responsibility for any injury or accident at the property. Viewers and visitors of this property do so at their own risk.

This property has 0.67 acres of land.

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Other details

  • Map & Street View
Map View Street View
Ref: CAM200114

Swan Lane Bury St Edmunds IP33

Price On Application

Ref: CAM200114

Swan Lane Bury St Edmunds IP33

Price On Application