Residential Development Investment Opportunity Land at Galley Hill, Guisborough TS14 8HA
FOR SALE
Land Connection are delighted to offer an opportunity to acquire a legal interest via two Option Agreements in two large parcels of land in the high-value, sought-after market town of Guisborough, North Yorkshire.
Key features
The eastern site benefits from a resolution to grant Outline Planning Permission for 60No units (subject to the signing of a Section 106 agreement).
— The eastern site extends to circa 10 acres.
— The western site extends to circa 44.6 acres.
— Technical information is available.
Location
The sites are located to the south of the A171 Middlesbrough Road in a predominantly residential area on the western side of Guisborough. The sites are within easy reach of a range of employment, education, retail and recreational facilities.
Local infastructure
This is an introduction that may be removed if unnecessary but this has been added so that you have the flexibility you need. There is no limit to the layout options.
Local infrastructure
Guisborough has strong road links being located on the A171 trunk road which links Middlesbrough with Whitby and Scarborough on the North Yorkshire coast.
The A171 also connects to the A19, providing access to the Tees Valley areas of Middlesbrough, Stockton, Hartlepool and Redcar.
Description
An opportunity to acquire a legal interest via the assignment of two separate option agreements. It is the client’s preference to assign both agreements to a single party
Planning
The eastern parcel of land benefits from a ‘Resolution to Grant Outline Planning’ Permission for up to 60no dwellings (Res: R/2018/0621/OOM).
The western parcel has no planning status but is well-contained and has future potential for residential development. We would encourage any interested party to satisfy themselves as to the suitability of both parcels of land for development.
Offers
Offers are invited for a legal interest in the two parcels of land by way of the assignment of the option agreements.
Legal & Agents
Costs Each party is to be responsible for their own legal costs incurred. The buyer will be responsible for Land Connection’s agency fees in relation to this transaction.
Further information
Technical information is available upon request, including a Phase 2 Site Investigation for the eastern parcel. Redacted copies of the signed option agreements are available following the signing of a non-disclosure agreement.
Viewing
Please contact Land Connection for details. Email: info@landconnection.co.uk Telephone: 0191 716 6390
Planning and Details
This is an introduction that may be removed if unnecessary but this has been added so that you have the flexibility you need. There is no limit to the layout options.
Important information
This document is for general informational purposes only. The information in it is believed to be correct, but no express or implied representation or warranty is made by Land Connection as to its accuracy or completeness, and the opinions in it constitute our judgement as of this date but are subject to change. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. Reliance should not be placed upon the information, forecasts and opinions, and no responsibility or liability, whether in negligence or otherwise, is accepted by Land Connection or by any of its directors or employees for any loss arising from any use of this document or its contents or otherwise arising in connection with this document. on the Location page used under Creative Commons Licence.