Residential Building Land, Telford, TF2

Details

Property Reference

JAGD/2434LA(2)

Address

Residential Building Land, Redhill Way/A5, Telford, Shropshire, TF2 9PF.

Location

The land is located at Grange Farm, approximately 1.5 miles northeast of Telford Town Centre and 1 mile to the east of Oakengates.

The site is bounded to the east by Grange Lane, to the south by Telford Way, and to the west by the A5 Redhill Way. There is a recycling centre immediately to the north. Grange Farm is located on the opposite side of Grange Lane, with established residential development to the south and west of the site.

The development will be accessed via a new roundabout constructed on the A5 at the southern end of the site with pedestrian links to Grange Lane.

The property comprises a substantial development site with outline planning permission for residential development, subject to a Section 106 agreement with the Council. It is currently Greenfield land in agricultural use as arable farmland.

The developer has reserved an additional area of up to 7 acres for commercial development, being a retail scheme and public house. The exact area has not yet been formally designated and the only fixed part of the development at the moment is the access roundabout. All other aspects to be confirmed.

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Street view

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Residential Building Land, Redhill Way/A5

What's this?

Size

60 ac (24 ha)

Price/ Rent

Price upon application.

Accommodation

Net Developable Area of approximately 60 acres (24 hectares)

Services

We understand that all mains services will be made available to the site in due course. Interested parties should make their own enquiries in this regard.

Planning

The site as a whole has outline planning permission TWC/2015/0728 for up to 450 dwellings and commercial development consisting of 6,459 sq ft (600 sq m) of retail and a public house of up to 8,611 sq ft (800 sq m) with some matters reserved. See Illustrative Masterplan. The planning consent is subject to a Section 106 Agreement with Telford & Wrekin Council, including an affordable housing provision and contributions towards education etc. For full details, please contact the agent.

Tenure

Freehold: The site is offered freehold with vacant possession. NB The commercial element is being sold separately.

Local Authority

Telford & Wrekin Council, Addenbrooke House, Ironmasters Way, Telford, Shropshire - Tel: .

Rateable Value

Not applicable.

Energy Performance Certificate

Not applicable.

VAT

All figures quoted are exclusive of VAT, which may be payable at the prevailing rate.

Legal Costs

Each party to be responsible for their own legal costs in connection with this matter.