Savills | St Martin By Looe, Looe, Cornwall, PL13 1FE | Property for sale
11.12 Ac(4.50 Ha)
Price on application

St Martin By LooeLooe, Cornwall, PL13 1FE


    Key features

    • 11.12 acres
    • Arable land and woodland belt
    • Development opportunity
    • On edge of coastal town
    • Offers invited
    • Allocated for development in Draft Looe Neighbourhood Development Plan

    11.12 acres allocated for residential development within the Draft Looe NDP. Offers invited for conditional freehold acquisition or option agreement.

    About this property

    • The site is located in to the north of East Looe, known as St Martin's, close to St Martin's church, Looe school, the railway station serving Liskeard (mainline to London Paddington 3h38m ) whilst being only 1 mile (1.6km) from the retail centre in the town, with the harbour, fish quay, and seafront linking through a street of historic buildings to form a distinctly Cornish location.

      Site Location and Description

      The extent of the land for sale is identified on the site plan and the gross site area is approximately 11.12 acres (4.5 hectares). The gently sloping arable field is approximately 6.3 acres (2.55 hectares) with the woodland being 4.82 acres (1.95 hectares).

      The property is located off the B3253 St Martin's Road and from Kimlers Way, a recent development by Barratt Homes.

      Planning

      The ‘Looe Neighbourhood Development Plan' Draft Submissions Document has been submitted to Cornwall Council for adoption. Cornwall Council will carry out legal checks and then publish the Plan for a six week period of consultations. After that the Plan will be 'examined' by an independent expert, before being adjusted prior to a local referendum being held in which all local residents on the electoral roll get the opportunity to vote.

      The arable field within the site is allocated within the draft submissions document for residential development (H1.B).

      Offers & Method of Sale

      Savills is instructed by the Landowner to invite proposals for the promotion and sale of the land, subject to planning permission being granted for primarily residential development. Offers are invited on the basis of an Option or Conditional Contract Agreement.

      Offers are to be submitted via email to Michael Greet: mgreet@savills.com

      Please note the Vendors will not be obliged to accept the highest offer or any other offer.

      Please include the following information in support of your bid;
      • Confirmation that there is no conflict of interest in promoting the Property
      • The Promotion Strategy to secure an early allocation and submission of a planning application
      • The form of promotion/option agreement proposed
      • The length of the agreement
      • The non-refundable Premiums offered
      • The Longstop date
      • % share of sale price or % discount of Market Value, after deductions
      • Minimum Price payable on a Gross acre basis
      • Planning Cost cap
      • An undertaking to pay the landowners legal, surveyor's and Charity Act report costs incurred in entering into the agreement together with subsequent fees for monitoring and exercise of the agreement
      • The name and address of solicitor
      • Details of the Consultant team to be engaged
      • How you will meet the Church of England's housing vision: Sustainable, Safe, Stable, Sociable and Satisfying (see https://www.archbishopofcanterbury.org/priorities/coming-home).
      Landowner - Diocese of Truro

      Savills are instructed on behalf of the Diocese of Truro to market this site. If any prospective purchaser is a person connected to the Diocese of Truro, a relative of a connected person, or anyone acting on behalf of a connected person; this is to be declared before any offer to purchase the site is made.

      The Diocese reserves the right to impose covenants to protect its retained property, the church and the delivery of ministry in the area.

      Local Authority

      The site falls within the jurisdiction of Cornwall Council.

      Cornwall Council
      New County Hall
      Treyew Rd
      Truro
      TR1 3AY

      Land Ownership

      The Property is held Freehold and is registered in a single ownership under Land Registry Title CL245461.

      Utilities

      All interested parties are advised to investigate the availability of utility services to the Property and capacity thereof. Connection to service media from the adjoining development is available as far as we are aware.

      VAT

      The land is not currently elected for VAT.

      Viewing

      Access to the property can be arranged, strictly by appointment.

    Local information

    • Looe sits within the locally designated Looe and Seaton Valleys Area of Great Landscape Value, with a 2011 Census population of 5,112. The Cornwall South Coast Area of Outstanding Natural Beauty (AONB) sits on the western fringe of Looe and extends towards Fowey. This coastline is also locally designated as Heritage Coast.
    • The South West Coast Path National Trail runs through the NDP area east to west from Kellow, passing Plaidy Beach and East Cliff to Hannafore.
    • The attractive local environment supports the town's prosperity and provides a wonderful setting for the community to develop and improve through well balanced growth. As well as being attractive to tourists it's also home to a thriving and active community, with its own needs to meet.

    Additional information

    • Directions: The land is situated off the B3253 St Martin's Road and from Kimlers Way, a recent development by Barratt Homes.