11.12 acres allocated for residential development within the Draft Looe NDP. Offers invited for conditional freehold acquisition or option agreement.
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.
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: firstname.lastname@example.org
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.
The site falls within the jurisdiction of Cornwall Council.
New County Hall
The Property is held Freehold and is registered in a single ownership under Land Registry Title CL245461.
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.
The land is not currently elected for VAT.
Access to the property can be arranged, strictly by appointment.