Price on application

Land/Plot for sale, Plymouth, Devon, PL4

Regent Street

Price on application

Land/Plot for sale, Plymouth, Devon, PL4

Regent Street

Development Opportunity

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There is an opportunity to develop a residentially led apartment development suitable for a Private Rented Scheme, Investment, Open Market which sits amongst sites that have already been developed into modern investment & student dwellings in a vibrant part of the city. The land owners are looking for a specialist developer or investment company to utilise their vision and create an opportunity to take through the planning process that will lead to an outright purchase of the site. DEVELOPMENT OPPORTUNITY – 45 Regent Street, Plymouth, PL4 8BB • 0.31 acre site (approximate) • Opportunity to develop a residentially led apartment block • Previous planning history for demolition and construction of 3-9 storey building • Central location • Adjoining sites 5/7 storey’s in height • Walking distance of city centre & Historic Barbican waterfront Location The site sits above Ebrignton Street which has an independent vibe with quirky bars, café’s, restaurants and various food outlets which is a popular location with the younger sector. A short walk takes you directly into Drake Circus Shopping Mall and the brand new cinema/leisure complex at the Barcode. The Historic Barbican is also a very short walk from the site and is one of the few parts of the city that escaped mass destruction of the blitz during the Second World War. Today the tiny cobbled streets and attractive architecture is home to a lively leisure trade with some of the bigger named bars and restaurants adorning the waterfront location. So the site is really well located and well suited to this type of development. Plymouth Plymouth is the largest city in the South West beyond Bristol with a historic port and impressive Navel Heritage. Known as Britain’s Ocean City there is a main line railway station which operates between London Paddington and Penzance. The city thrives as a manufacturing base and has an impressive array of International Companies including Babock Marine, Kawasaki, Bandvulc and Drayton. The city’s output outstrips both Britsol and Exeter combined on an annual basis. With this comes stable employment for a vast number of younger people providing a dynamic rentals market. The city is home to a population of over 262,000 people and the economy remains strongly influenced by shipbuilding and seafaring. It has ferry links to Brittany and to Spain. It has the largest operational naval base in Western Europe and has a University that specialises in Marine Biology and is used as a public research facility with around 18,000 students that add to the city economy. Further Reading There are three separate reports which have been prepared on both the subject site and the adjoining site which is owned by Plymouth City Council and currently occupied by Plymouth College of Art. The available specialist reports provide potential purchasers with an insight to the scale and massing for the type of development that can be achieved in this location as a standalone site with adjoining build remaining intact or as a whole site and are available upon request. The reports are purely for an initial appraisal, should not be relied upon and we cannot accept any liability or responsibility of the content herewith. Method of Sale In the first instance we are seeking expressions of interest which we should receive no later than 30th September 2021. Selected parties will be invited to an interview post deadline with an invitation to make a formal proposal for the site. Viewing Please contact us for further information as on site viewings will be strictly by appointment only.

Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A

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