The property comprises a part-complete residential development with planning permission for 6no. detached 5and 6-bed houses in a cul-de-sac layout with associated parking and landscaping.
Plots 3, 4 and 5 (to the rear of the site) are at a similar stage of construction and are most advanced. The units have been taken to a shell finish with window openings and external doorways having been boarded-up. Some first fix electrics and plumbing is evident in part.
Plots 1, 2 (located towards the front of the site) and 6 (towards the rear) are less advanced with foundations and basement structures (plots 1 and 2only) having been constructed.
Plots 1 and 2 will extend to 3,431 sq ft each, plots 3, 4 and 5 extend to 3,417 sq ft each and plot 6 will be 6,482 sq ft.
Externally, the plot is an irregular shape and extends to approximately 1.3 acres. General landscaping/cosmetic work is required for all the external elements of the site prior to completion.
Location
The property is located on the western side of Fulwood Row in Fulwood, an affluent locality within Preston. The exclusive area is surrounded by mostly high-end residential property and is close to the Hills and Hollows Nature Reserve.
The property has one vehicular access point from Fulwood Row itself, and is within one mile of Junction 31A of the M6 Motorway. It lies approximately 4½ miles northeast of Preston City Centre, 10 miles west of Blackburn and18 miles east of Blackpool.
The property benefits from proximity to a variety of local amenities and is within walking distance of Highfield Priory Independent School which places 5th in the SundayTimes Top 100 Independent Prep Schools in England and1st in the North West.
Accommodation
Site extends to 1.3 acres
Terms
Planning – We understand the property benefits from extant planning consent (06/2021/1170) for the construction of 6 residential dwellings and associated works. This consent is pursuant to an earlier consent 06/2019/1397 and sought variations to conditions no.1 (approved plans) and no.9 (surface water drainage scheme). This was approved (with conditions) in November 2021.
4 of the 5 pre-commencement conditions appear to have been discharged. Condition 4 relating to a S278 agreement (in respect of alterations/improvements to an adopted highway) has yet to be discharged. The contribution amount due in order to satisfy this condition is unconfirmed.
Please refer to data room provided for access to further planning documentation.
Guide Price – Offers invited for the Freehold interest.
Tenure – Freehold
Legal Costs – Each party to be responsible for their own costs incurred in the transaction.
Data Room – Access to the data room can be provided on request.
Specification
- Part complete luxury residential development opportunity
- Located on Fulwood Row, an affluent locality in Preston
- Close proximity to M6 Motorway providing excellent connectivity
- Surrounded by high-end residential property and the Hills and Hollows Nature Reserve
- Freehold
- Planning consent for six 5 and 6-bed large executive homes with one plot extending to over 6,000 sq ft
- Plots 1, 2 and 6 have had the foundations and slabs laid
- Plots 3, 4 and 5 have been taken to shell finish
- Site extends to 1.3 acres