Land at Former St. Dominic’s School, Hartshill Road, Hartshill, Stoke on Trent, ST4 7LY

The subject site comprises the former playing fields and ancillary buildings of the now vacant St. Dominic’s School, and provides a level parcel of land of some 2 acres in a popular residential area to the east of Newcastle under Lyme.
The vendor will retain ownership of the buildings to the entrance of the site off Hartshill Road for the purpose of developing an independent prep school/nursery together with a small parcel of land upon which six bungalows will be built.

Location

As referenced on the attached plans the site is located approximately one mile from Newcastle town centre and is generally  regarded as a sought after residential location, being adjacent to Hartshill park, a local nature reserve of approximately 32 acres. The site also benefits from being within close proximity to the A500 which in turn offers direct access to the M6 motorway.

Terms

PLANNING PERMISSION
A detailed planning application (No. 54314/FUL) is currently being considered by Stoke on Trent City Council and is expected to be approved shortly. Further information regarding the application can be viewed online at www.stoke.gov.uk
GROSS DEVELOPMENT VALUE (GDV)
The agents have carried out a valuation exercise on the proposed scheme and realistically value the GDV at £4,700,000. The  scheme comprises 23 dwellings with a gross floor area of 27,235 sq ft (net of the detached garages).
PRICE
Offers are invited for the freehold interest on the assumption that planning permission has been granted.
Available Freehold, Subject to Contract and with vacant possession upon completion.
VAT
We are advised that the sale price is not subject to VAT.

Specification

• Superb Residential Development Opportunity
• Planning Permission to build 23 quality homes on a 2.03 acre site
• Former school site with largely undeveloped areas
• Located in sought after residential area on the outskirts of Newcastle under Lyme
• Estimate site GDV circa £4.7 million