We are pleased to present a residential development opportunity in Redcar & Cleveland located off Kilton Lane. The Site comprises 8.77 Acres (3.55 Hectares) of land which is currently farmed as pasture.
Offers invited by way of informal tender by no later than 17:00 on Thursday 6th June.
Summary
George F. White are pleased to present a residential development opportunity in Redcar & Cleveland located off Kilton Lane. The Site comprises 8.77 Acres (3.55 Hectares) of land which is currently farmed as pasture.
George F White are instructed to seek offers sought by way informal tender by no later than 17:00 on Thursday 6th June.
The Area
The Site is located on the outskirts of Brotton less than 2 miles from the coast.
With a population of approximately 5,400 the village is located close the seaside town of Saltburn-by-the-Sea known for its pier and Guisborough being a market town located north of the North Yorkshire Moors.
Access
The Site is currently accessed from Kilton Lane on the eastern boundary which is an adopted highway that connects into the A174.
Local Authority
The Site is located within the Redcar & Cleveland.
Planning
Brotton is recognised as a main settlement and focus for growth in East Cleveland under Policy SD2. This location is justified as it contains the main secondary school serving a wide area, the local primary care hospital, and its close proximity to major retail developments which including the industrial estate at Skelton.
The Site forms part of the housing allocation H3.23 (Kilton Lane) which has a delivery assumption of 270 dwellings across the allocation.
This Site would be subject to onsite affordable housing requirements which are 15% of the total properties with a minimum of 70% being discounted market rent.
It’s recommended that any bidders refer to the local planning policy.
Technical
Details on engineering, highways and design can be found in the data room. Please note this information can only be used for indicative purposes as no letter of reliance can be supplied.
Method of Sale
We are inviting offers to be submitted to Rhys Jones or Richard Johnson by no later than 17:00 on Thursday 6th June in line with the following bid requirements:
• Contract type e.g. conditional or unconditional contract.
• Contract term
• Contribution payable to landowner’s solicitor and agent’s fee
• Details of strategy to achieve planning permission
• Offer amount and should there be any level of conditionality this must be clearly set out
• All offers are subject to contract and the seller is not under any obligation to accept any or the highest offer.
Anti-Money Laundering
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the successful bidder.
Tenure & Possession
The site is offered freehold with vacant possession upon completion.
Legal Costs
Each party to bear their own legal costs incurred in the transaction unless otherwise agreed.
What3Words
The location of the Site can be found using the following:
///firework.vineyard.showcase
Viewings
Viewings are strictly by prior appointment, please see the agent’s details below.
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