Residential Development Opportunity

Exciting residential development opportunity, approximately 0.32 ha (0.79 acres)

The Former Oddfellows Arms Public House78 Peel Lane, Heywood, OL10 4UD

INVESTMENT CONSIDERATIONS

LOCATION

Heywood is a town in the Metropolitan Borough of Rochdale, Greater Manchester. The town lies on the south bank of the River Roch, 2.4 miles east of Bury, 3.7 miles southwest of Rochdale, and 7.4 miles north of Manchester.

Heywood is close to junction 19 of the M62 motorway, which provides direct transport links to the major cities of Manchester to the south and Leeds to the north east. Heywood has a station on the East Lancashire Railway, a heritage railway and tourist attraction.

THE SITE AND SURROUNDINGS

The site is located approximately 0.5 miles north of Heywood Town Centre in a residential area with two storey residential properties boardering its northeast, southeast and southwest boundaries. The northwest boundary is adjacent to Peel Lane.

The site was formerly a public house and is classed as brownfield land. It is approximately 0.32 ha (0.79 acres), roughly rectangular in shape, relatively flat and cleared of all buildings, except the foundations slab of the former public house.

• Residential development opportunity - approximately 0.32 ha (0.79 acres)

• Previous and live planning permissions for 13 houses and single block of 7 apartments

• Cleared, brownfield in a residential area

• Freehold

• Located less than 4 miles east of Bury and 10 miles north of Manchester

PLANNING INFORMATION

The site benefits from two planning applications, which have been run simultaneously and effectively treats the site as two separate development opportunities. The two proposed schemes are as follows:-

i). an application for a two/three storey block containing seven apartments.

Planning permission was granted on the 22 December 2016. Please see planning reference 16/01274/FUL on the Rochdale Council public access planning website for more information.

ii). an application for the erection of 13 no. 2 & 3 bed dwellings.

A planning application was submitted on 27 September 2016 for the above and it is expected a decision will be forthcoming from Rochdale Council before the end of January 2017. Details of the application can be viewed on the Rochdale Council public access planning website, reference 16/01169/FUL. The application is identical to the scheme previously consented by the Council.

METHOD OF SALE

The site is for sale by way of private treaty. Our client reserves the right to not proceed with the highest or indeed any offer.

TENURE

We understand the site is owned and to be sold on a freehold basis. We encourage interested parties to make the usual Land Registry enquiries.

VIEWINGS

The site is secured by mesh fencing running around the perimeter of the site and can be viewed from the roadside. Access on to the site can be provided to seriously interested parties via an appointment with the agent.

Misrepresentation Act: 1. Allsop LLP on its own behalf and on behalf of the vendor/lessor of this property whose agent Allsop LLP is, gives notice that: (a) these particulars do not constitute in whole or in part an offer or contract for sale or lease; (b) none of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact; and (c) the vendor/lessor does not make or give, and neither Allsop LLP nor any of its members or any person in its employment has any authority to make or give, any representation or warranty whatsoever in relation to the property. The only representations, warranties, undertakings and contractual obligations to be given or undertaken by the vendor/lessor are those contained and expressly referred to in the written contract for sale or agreement for lease between the vendor/lessor and a purchaser or tenant. 2. Prospective purchasers or tenants are strongly advised to: (a) satisfy themselves as to the correctness of each statement contained in these particulars; (b) inspect the property and the neighbouring area; (c) ensure that any items expressed to be included are available and in working order; (d) arrange a full structural (and where appropriate environmental) survey of the property; and (e) carry out all necessary searches and enquiries. Allsop is the trading name of Allsop LLP.

James Mohammed0113 243 7955james.mohammed@allsop.co.uk

33 Park Place, Leeds, LS1 2RY Tel: 0113 236 6677

Please contact the office to register your interest:

www.allsop.co.uk

ASKING PRICE

Offers for the site in its entirety are sought. Preference will be given to unconditional offers