Land To The Rear Of 40 And 42, St. Marys Street, Newport, Shropshire
Offers in Region of  £550,000

  • Attractive Residential Development Opportunity
  • Approx. 0.39 acres (0.16 hectares)
  • Full Planning Permission (August 2018) for 6 no. dwellings and 3 no. apartments
  • Planning Reference: TWC/2016/0589
  • Convenient location in the heart of Newport Town Centre
  • Attractive outlook over Victoria Park
  • Within walking distance of the main High Street and amenities
  • Guide Price: Offers in the region of £550,000 are invited

LOCATION
The site occupies a convenient location within the heart of Newport Town Centre overlooking Victoria Park within walking distance of the main High Street and all local amenities.

The Town supports a range of national and independent retailers and is close to the world renowned Harper Adams University supportin in excess of 4,000 students. On the fringe of the Town Centre is the development of the new Newport Innovation Park which will provide a wealth of job opportunities to Newport and the local area whilst attracting a variety of new businesses.

Newport is a busy Market Town within the Telford and Wrekin conurbation, situated approximately 6 miles north of Telford, 25 miles north east of Shrewsbury and 10 miles north of the M54 motorway.

DESCRIPTION
This elevated and regular shaped site extends in total to approximately 0.39 acres (0.16 hectares) or thereabouts and boasts attractive views across Victoria Park and close all local amenities with the Waitrose supermarket nearby.

The proposed development is to comprise of 6no. 2.5 storey dwelling houses each providing a gross internal floor area of approx.. 1,389 sqft with landscaped gardens and car parking at the rear. The separate apartment block is to comprise of 3no. self-contained residential apartments each providing a gross internal floor area of approx.. 757 sqft.

This is a unique opportunity to acquire a prime Town Centre development site with the benefit of full planning permission.

The proposed scheme includes the demolition of the existing warehouse building on the site.

TENURE
The site is understood to be of Freehold tenure and is offered for sale by private treaty with the benefit of vacant possession upon completion.

PLANNING
Full Planning Permission has been granted by Telford & Wrekin Council (August 2018) for the erection of 6no. dwellings and block of 3no. apartments with associated vehicular and pedestrian access and parking, following demolition of existing industrial/warehouse buildings Application No. TWC/2016/0589. Further information including access to the data room can be obtained from the Selling Agents upon request.

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