Land for sale

'sensible Offers Invited'


Guide price
£250,000
S.O.A.

Features

  • 9 TWO BEDROOM FLATS & 1 ONE BEDROOM FLAT
  • CLOSE TO TOWN CENTRE
  • COMMERCIAL/PARKING OPTIONS
  • HIGHLY REGARDED ARCHITECT
  • INVESTMENT OPPORTUNITY
  • LIFT ACCESS TO ALL FLOORS
  • NO CIL, AFFORDABLE OR 106 CONDITIONS
  • PLANNING APPLICATION NUMBER: PA/2005/02116
  • PROJECT WITH CONDITIONS APPROVED IN 2006 WITH THE COMMENCEMENT OF PROJECT CONFIRMED
  • SENSIBLE OFFERS INVITED

Description

DESCRIPTION CASTLE GATE, A UNIQUE TOWN CENTRE DEVELOPMENT OPPORTUNITY. Superb project for sale set within the heart of Launceston comprising of 10 apartments, 9 of which are two bedrooms and 1 with one bedroom.

NOW benefitting from revised planning, giving any future purchaser/s the choice to develop the ground floor level into commercial/retail units or to create vehicular access with PRIVATE PARKING.

This latest revision will need to be implemented within 3 years from 28th November 2018, reference application number: PA18/09355 which can be viewed on the Cornwall Council planning portal.

Location Launceston is an historic market town situated in North Cornwall right on the Cornwall/Devon border offering good access to the Cornish coast and Bodmin Moor. The town is famous for the castle which dates back to medieval times and dominates the landscape sitting proudly at the highest point.

In terms of industry, the town offers a bustling centre and on the outskirts are two industrial estates at Pennygillam and Newport. Launceston and the surrounding areas offer a fine array of properties from large rural estates, historical cottages and town houses to numerous modern developments.

From Launceston, Plymouth is within easy reach via the A388 (approx 26 miles) whilst the A30 trunk road offers good access west to Truro (approx 47 miles) and east to Exeter (approx 41 miles). The nearest mainline train stations can be found in Gunnislake and Liskeard, being approximately 16 and 20 miles respectively from Launceston.

The North Coast is easily accessible from Launceston and includes numerous beaches and towns including Bude, Widemouth Bay and Crackington Haven. The North Coast also offers numerous restaurants and public houses with fantastic settings alongside footpaths enjoying the panoramic views of the coastline and sea.

Flat 1 54.2 sq m / 583 sq ft (Two bedroom, first floor)

Flat 2 68.5 sq m / 737 sq ft (Two bedroom, first floor)

Flat 3 64.4 sq m / 693 sq ft (Two bedroom, first floor)

Flat 4 56.4 sq m / 607 sq ft (Two bedroom, first floor)

Flat 5 54.2 sq m / 583 sq ft (Two bedroom, second floor)

Flat 6 68.5 sq m / 737 sq ft (Two bedroom, second floor)

Flat 7 64.4 sq m / 693 sq ft (Two bedroom, second floor)

Flat 8 56.4 sq m / 607 sq ft (Two bedroom, second floor)

Flat 9 64.4 sq m / 693 sq ft (Two bedroom, third floor)

Flat 10 40.6 sq m / 437 sq ft (One bedroom, third floor)

Total Floor Area of Flats 592 sq m / 6370 sq ft

Retail Unit 1 74.5 sq m / 801 sq ft

Retail Unit 2 213 sq m / 2291 sq ft

Total Floor Area of Retail Units 287.5 sq m / 3092 sq ft

Site Location The site location offers a balance/option of commercial units within the residential elements being located within 60 metres of the town centre, very close to the local multi storey car park and enjoying unhindered views to the historic castle opposite. Highly visible commercial units from one of the main thoroughfares in Launceston.

The current requirements within Launceston for new homes are being met to a certain extent by the new developments on the edge of the town. However these developments do not satisfy the need for a large number of new buyers, due to price, that this project would be able to service.'

Categories

Land
Property reference
000042186_102915016121