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Prime Residential Development Opportunity


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Description

Lying approximately 2 miles to the east of the highly sought after Boston Spa, and within 20 miles of Leeds, York and Harrogate, Newton Kyme is a desirable commuter location. Junction 45 of the A1(M) is less than 5 miles, and the village is served by the 923 bus which offers a number of destinations between Tadcaster and Otley throughout the day.

Boston Spa has two primary schools (rated Good and Outstanding by Ofstead) in addition to Boston Spa secondary school (rated Good). The village offers a plethora of amenities including a Doctors’ surgery, range of local retailers, pubs, restaurant, banks and churches. Further facilities such as supermarkets, cinema and leisure centre are available in Wetherby, approximately 6 miles away.

The site is accessed from the A659 via Papyrus Villas and extends to approximately   0.27 ha / 0.67 acres. The former mill buildings have been demolished to leave a cleared site which is bounded by open agricultural land to the west, and the new Redrow development  to the north, east and south.

CEG secured the original consent for the redevelopment of the former paper mill  (application reference 2009/0747/FUL for the proposed residential development of 140 dwellings with associated landscaping, public open space, footpath/ cycle route and parking and erection of 9 No employment units ( http://public.selby.gov.uk/online-applications/applicationDetails.do?activeTab=details&keyVal=KOQAEYNX06600 )

Redrow made a subsequent application (http://public.selby.gov.uk/online-applications/applicationDetails.do?activeTab=externalDocuments&keyVal=KOQAEYNX06600 ), acquired the wider site and entered into an Option  Agreement in respect of the subject site element. Planning consent has recently been secured for 11 residential units instead of the 9 employment units, but Redrow has chosen not to exercise that Option.

Further information in respect of the recently secured residential planning consent can be found at : http://public.selby.gov.uk/online-applications/applicationDetails.do?activeTab=details&keyVal=O3F860NXLLZ00 Selby DC’s planning committee resolved to approve the application on 10th August 2016, and the S106 is currently being negotiated (a draft version is attached). Please do not hesitate to contact me for further information in this respect.

The freehold interest in the site is being sold by way of Private Treaty though the vendor reserves the right to implement an Informal Tender process at any time.

Whilst preference will be given to unconditional offers the vendor is prepared to consider subject to planning bids. Any offer made subject to planning should be accompanied by a proposed layout.

http://vernon.co.uk/wp-content/uploads/2016/09/Design-and-Access-Statement.pdf

http://vernon.co.uk/wp-content/uploads/2016/09/Location-Plan.pdf

http://vernon.co.uk/wp-content/uploads/2016/09/Proposed-Layout-003.pdf