Guide price
£200,000
(£228/sq. ft)
Land for saleCastle Gate, Launceston PL15
879 sq. ft
- New home
- Freehold
Millerson
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About this property
9 two bedroom flats & 1 one bedroom flat
Project with conditions approved in 2006 with the commencement of project confirmed
Planning application number: PA18/09355
Lift access to all floors
Investment opportunity
Commercial/parking options
No cil, affordable or 106 conditions
Highly regarded architect
Close to town centre
Set in the heart of the town, A development project of 10 apartments with revised planning to create private parking, please call Millerson for further information.
Description
A fantastic opportunity for any developer with A subject too offer willing to be accepted on this superb development at castle gate, A unique town center development of 10 apartments, 9 X two beds and 1 X one bed apartment.
Owner is happy for A subject too offer so the new owner can reinstate the planning for parking underneath in stead of shops, there was planning for car parking but this has now elapsed.
The existing planning remains in perpetuity but if the new buyer wants to change the planning for parking then the owner is willing to accept an subject too offer.
Application number: PA18/09355
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.'
Services
Mains electric and drainage on site.
Agents Note
Please note the asking price is £200,000 plus VAT at 20%.
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