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ref: 23782

C3 RESIDENTIAL DEVELOPMENT OPPORTUNITY WITH PENDING CONSENT FOR RETIREMENT/ASSISTED LIVING - FOR SALE

Available
Marketing
Price
£4,000,000 (€4,562,000 approx)
Location
Alder Road, 26 Redlands, Branksome, Poole, BH12 1DN
Property Type
Development Opportunity
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DESCRIPTION


The site sits equidistant between Bournemouth and Poole in the affluent area of Branksome. Located nearby to convenient retail and leisure amenities, the site is partially surrounded by residential (C3) uses immediately to the North and the West. A scheme for a proposed residential development (C3 Use Class) has been drawn up by the vendor’s architects and is available on request. The property does not fall within any of the Poole District Council 2009 Local Plan employment designations and informal discussions with the local authority have seen this proposal encouraged.

The property currently has a pending planning application for a Care Home development, a full planning application under Application Reference: APP/16/00771/F has been submitted for a 70 Bed Care home and 32 Extra Care Apartments (C2 Use Class) totalling over 70,000 sq ft at the site – existing currently as a 2-acre industrial property (B2/B8 Use Class). The Property’s location compliments this proposed use, with a high population of over 65’s living in the area and an existing shortfall of market care beds and retirement properties available. This planning application: APP/16/00771/F – has been recommended for approval and is entered into the Local Planning Authority’s committee meeting on 20th October 2016. Should it be required, seriously interested parties will be able to make minor adjustments to the proposed scheme to meet specific requirements at a later date.


KEY FEATURES



attribute
Residential development potential for C3 development of over 70 apartments – subject to necessary planning consents.
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Pending application for 2.5 storey proposed C2 Use development – 70 Bed Care Home plus 35 Extra Care Units.
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Pending Application entered for LPA’s 20th October committee meeting.
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Offers are invited via Private Treaty with a Guide Price of £4.25m – requested in an Unconditional Format.

TERMS


Private Treaty - Offers Invited


Misrepresentation Act
Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. 22/02/2019

Colliers International is the licensed trading name of Colliers International Property Advisers UK LLP which is a limited liability partnership registered in England and Wales with registered number OC385143. Our registered office is at 50 George Street, London W1U 7GA.

Copyright (c) 2019 Colliers International Property Consultants Limited. Company registered in England & Wales no. 7996509.
Registered office: 50 George Street, London W1U 7GA  Tel: +44 20 7935 4499