For Sale

Site at Station Road, Magherafelt, Magherafelt, Londonderry, BT45 5EY

Offers Over

£800,000

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Site

Location of Site at Station Road

Magherafelt has a catchment of 36,000 people and is situated 35 miles from Belfast on the main Derry / Belfast road and 40 miles from Londonderry. The immediate vicinity is characterised by a mix of old and new residential developments and commercial property, within walking distance from Magherafelt Town Centre.

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features

  • Site comprises c.2.26 acres
  • Outline Planning Permission secured for a 24no. unit scheme comprising 6no. detached and 18no. semi-detached houses
  • Zoned as undesignated 'White Land' within the Magherafelt Area Plan 2015
  • Freehold site benefitting from approval under Application No.: LA09/2019/1337/O
  • Offers invited in excess of £800,000 exclusive

description

Description

The site is accessed off Station Road and extends to approximately 0.91 hectares (2.26 acres) as indicated on the attached map.
The site is covered in hard standing and is surrounded by secure perimeter fencing and was previously occupied by BT.

Planning

The site is Zoned as undesignated 'White Land' within the Magherafelt Area Plan 2015.
Outline planning permission for Residential Development was granted under planning reference LA09/2019/1337/O.

VAT

The site is elected for VAT.

FURTHER INFORMATION

Contact: Ian Duddy
Tel: 07730 502897
Email: ian.duddy@colliers.com
Viewings can be arranged by appointment.

DATAROOM

A data room is available for the subject site; interested parties should request log-in details.
Documentation with the data room will include Title, Design Access Statement, Planning Approval correspondence and associated plans.

Property Costs

  • Status: For Sale
  • Offers Over£800,000
  • Stamp Duty: £15,000*

* Stamp duty rates provided as a guide only. Additional charges may apply. Please refer to the tax service's website for more information.

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