Site
Potential Development Site Newtown Road
newtowncloghoge, newry, BT35 8NN
offers over
£350,000
- Status For Sale
- Property Type Site
-
Stamp Duty
Higher amount applies when purchasing as buy to let or as an additional property£7,500 / £25,000*
Rooms
Potential Development Site Newtowncloghoge
What's on offer
Potential development site for 14 dwellings subject to planning. Located approximately 1 mile from Newry City
Overview
This proposed development site is located on lands at Park View, Newtown Road, Newtowncloghoge, Newry, Co Armagh. It is approximatley 1 mile south west of Newry City and 1.6 Miles north east of Meigh. The site is located immediatley adjacent and south of the settlement development limits of Newtowncloghoge and is therefore defined as countryside in accordance with the Banbridge, Newry and Mourne Area Plan 2015
The site is currently in use as an agricultural field and is accessed via an existing agricultural gate onto Newtown Road. The boundries of the site are defined by hedgerow which provide high quality natural screening.
The site extends to approximately 2.6 Acres in size. The surrounding land use to the south and west is predominatly agricultrual while the land to the north and east is defined by established residential developments. The proposed development site is located within the Ring of Gullion Area of Outstanding Natural Beauty.
The site is currently in use as an agricultural field and is accessed via an existing agricultural gate onto Newtown Road. The boundries of the site are defined by hedgerow which provide high quality natural screening.
The site extends to approximately 2.6 Acres in size. The surrounding land use to the south and west is predominatly agricultrual while the land to the north and east is defined by established residential developments. The proposed development site is located within the Ring of Gullion Area of Outstanding Natural Beauty.
Site & Planning
The site extends to approximately 2.6 acres and has been defined as countryside in accordance with the Banbridge, Newry and Mourne Area Plan 2015. A planning report has proposed potential for the development of 14 social housing units subject to planning. This proposal has received support from NIHE.
Asking Price
Offers Over £350,000
VAT
All prices, outgoings etc., are exclusive of VAT but may be subject to VAT.
Tenure
Assumed Freehold
Terms of Sale
The Lands are being offered For Sale by Private Treaty. However, the vendor reserves the right to conclude the sale via auction or "Best and Final" bids at a date and time to be confirmed.
The criteria required from interested parties in placing an offer must include:
- Confirmation of name and address of proposed purchaser
- Confirmation of offer level
- Proof of funds from Bank to confirm that adequate funds are available to complete the purchase at offer level
- Timescale to complete the purchase post acceptance of offer
- Confirmation of solicitor who will represent purchaser
- 10% deposit of agreed purchase price shall be payable upon agreement of sale
- Further information pack to be provided at this point
The criteria required from interested parties in placing an offer must include:
- Confirmation of name and address of proposed purchaser
- Confirmation of offer level
- Proof of funds from Bank to confirm that adequate funds are available to complete the purchase at offer level
- Timescale to complete the purchase post acceptance of offer
- Confirmation of solicitor who will represent purchaser
- 10% deposit of agreed purchase price shall be payable upon agreement of sale
- Further information pack to be provided at this point
Further Information
Inspection of the site is strictly by private appointment. For further information please contact:
Garrett O'Hare, Managing Director
T: 028 300 50633
E: garrett.ohare@bradleyni.com
Stephen Gray, Commercial Manager
T: 028 300 50633
E: stephen.gray@bradleyni.com
Vendor's Solicitor:
Stephen Begley & Co., Solicitor
T: 028 3026 7538
E: law@sbegleyco.com
Garrett O'Hare, Managing Director
T: 028 300 50633
E: garrett.ohare@bradleyni.com
Stephen Gray, Commercial Manager
T: 028 300 50633
E: stephen.gray@bradleyni.com
Vendor's Solicitor:
Stephen Begley & Co., Solicitor
T: 028 3026 7538
E: law@sbegleyco.com
Property Location
Mortgage Calculator
Contact Agent
Contact Bradley NI (Newry)
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Potential Development Site Newtown Road, newtowncloghoge, newry, BT35 8NN
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