Offered for sale is this development site with planning permission for 120 apartments. Being approximately 1.45 acres in size.
It is located in lower Baildon, just off Otley Road, which is a main arterial route in and out of Shipley headings towards Bradford in one direction and Guiseley in the other. The site is well placed for excellent amenities, there is a Tesco convenience store within 50 yards of the site. A brand-new Lidl and drive through Costa Coffee are under construction have recently opened in nearby Shipley. There are further amenities in Shipley Town Centre and Baildon Village centre.
The site is well served by transport links in including bus stops on Otley Road and is a 0.9 mile (approx 18minute walk) to Shipley Railway Station that provides regular and direct access to Leeds and Bradford City Centres.
Further amenities and leisure facilities are also new by. A large Greens Gym is located adjacent to the site and there are excellent walks from Baildon Moor, Ilkley Moor and the nearby Canal and River.
The site has easy ready-made access via a made up road that serves other residential properties and some commercial properties/units. It formed part of larger planning application dating back to 2007 with the other elements of the site having already been constructed some years ago with this plot remaining undeveloped.
The planning permission is for a 120 apartments across two main interconnecting 6 story buildings with on site and under croft parking, however we have been made aware that the council would support other forms of applications, including light industrial, commercial, offices and possibly retail.
Planning ref – 07/00464/ful – further information can be obtained via the Bradford planning Portal
Originally Subject to a S106 agreement, however we are led to believe this could now be renegotiated.
The site is secured with heavy duty metal fencing with a pedestrian gate from Berry Drive.
Planning conditions have been discharged and some ground works already undertaken with services in place ready for connection.
A client commissioned RICS Gross Development Value report has been complied that places this at £17,000,000 (as at August 2022.
Site visits are easily arranged via contact with our office.
Directions:- If leaving Shipley via Otley Road heading towards Baildon continue to the junction where the road forks into Baidon Road, Continue through the traffic lights staying on Otley Road. Proceed watching out for the Tesco Convenience Store on the right hand side and turn into Berry Drive. Procced to the bottom where the land is situated behind metal fencing.
|Property Type||%||Avg. current value||Avg. # beds||Avg. # bathrooms|
|End terrace house||4.1%||£201,658||1.7||1|
|Property Type||1 Bed||2 Beds||3 Beds||4 Beds||5 Beds|
|Houses||£193,738 (4)||£187,679 (26)||£272,096 (49)||£443,552 (21)||£553,125 (8)|
|Flats||£99,499 (10)||£107,436 (22)||£206,667 (3)||-||-|
|All||£126,424 (14)||£150,901 (48)||£268,321 (52)||£443,552 (21)||£686,111 (9)|