Land for sale

>

Land for sale

Land Adjacent To Paddle Gate House, Hambridge Lane, Newbury, Berkshire, RG14 5XH
£400,000

Price History

Initial price £550,000
08/11/24 £400,000
Price Change -27.27%

Description

This freehold development site has lapsed planning consent for a 3-storey building containing 9 apartments, with a net development area of 698.49 sq. m (7,519 sq. ft.). The plans, available from West Berkshire Council's planning portal, show a scheme that has already been approved, but the site offers potential for a higher density development or changes to the layout to create more units. Additionally, a CIL contribution of £237,556.56 was payable in lieu of social housing, providing an opportunity for a new developer to rework the plans and make the most of this site.