Freehold Residential Development Opportunity

SOUTH PARK MILLS, HARE LANE, FULNECK, PUDSEY

 

  • Outstanding Freehold Residential Development Opportunity in a sought after market location extending to approximately 3.4 acres (1.38ha)
  • Outline Planning Consent for up to 21 units
  • Opportunity to create a unique development in a highly attractive rural setting, yet close to local amenities
  • Full suite of technical information available in the ‘Documents and Downloads’ Section

 

Overview

The site extends to approximately 3.41 acres (1.38ha), consisting of a series of existing industrial buildings comprising a footprint of approximately 2805 sq. m (30,182 sq. ft.) of buildings. South Park Mills is located at the foot of Hare Lane, to the south of Pudsey town centre, offering convenient access to the wide range of shops and services available. Pudsey offers easy access to Leeds City Centre (9km to the site’s east) via regular public transport links (bus and train), as well as convenient access by car via the main A647.

The surrounding area is a proven residential market location, with recent developments proving popular with purchasers and achieving strong sales values. We believe the redevelopment opportunity at South Park Mills offers a rare opportunity to create a high quality development in a unique setting in one of Leeds’s most renowned market locations.

 

Town Planning

Whilst located in the Green Belt, the site benefits from Outline planning consent for up to 21 dwellings (TP ref: 15/00169/OT) granted 20th January 2017. As part of the planning consent, a Sec. 106 Agreement has been signed, requiring 15% of the total number of units as affordable (60% sub-market/ Intermediate ownership, and 40% Social Rent). The Sec. 106 Agreement also requires the provision of on-site Greenspace and its future maintenance to be agreed as part the any Reserved Matters application. The land has historically benefitted from Full Planning Consent for 14 units granted 16th December 2010 (TP ref: 08/06050/FU) effectively renewed via application 13/04986/FU that was granted in February 2014.

A copy of the Outline planning consent ref: 15/00169/OT is available in the ‘Documents and Downloads’ Section

Community Infrastructure Levy (CIL) will be charged on any new development. The site falls within CIL charging zone 2b, therefore attracting CIL at a rate of £45/ sq. m. However, we believe there is an opportunity to potentially reduce the CIL payable (or even lose it completely) if less sq. m. are developed as part of the Reserved Matters consent than currently exists on site.

For any planning queries, please contact Tom Cook at I D Planning on 0113 243 6116 or tom.cook@idplanning.co.uk

Maintenance of Hare Lane

Under the terms of the Sec. 106 Agreement, prior to development the developer will need to submit a condition report detailing the existing condition of Hare Lane, and a Hare Lane Maintenance Report. Essentially the developer will be obligated to return Hare Lane to its current condition (pre-construction) upon the completion of development, and then provide for its ongoing maintenance (as per the vendors Title) via a Management Company.

 

Further Information and Viewings

A full suite of technical information is available in the ‘Documents and Downloads’ Section. These are as follows:

  • Planning Statement
  • Design and Access Statement
  • Planning Officers Report
  • Planning Decision Notice and Sec. 106 Agreement
  • Topographical Survey
  • Arboricultural Survey
  • Ecology Report
  • Flood Risk Assessment
  • Phase 1 & 2 Ground Investigation
  • Title Information

Accompanied viewings will be undertaken on pre-arranged viewing days. Please contact the selling agents to make the necessary arrangements. Please note parties enter the site at their own risk.

 

Tender Process

The freehold under Title nos. WYK257364 and YY21032 is offered for sale via Informal Tender. Offers are to be received in writing at our Leeds Office by 12.00 noon on Wednesday 3rd May. All offers are to be accompanied by a completed Bid Pro-forma (provided on request), together with a copy of proposed schemes.

 

Contact

For further information, please contact:

Matthew Bagley
Tel: 0791 2952 502
matthew@titchmarshandbagley.com