Development opportunity

Key features:

• Well positioned residential development opportunity
• Attractive position to the east of the sought after village of Newstead
• Zoned with indicative capacity of 6 houses
• 0.330 Ha (0.82 acre)
• Mature landscape setting
• Development Strategy Report available
• Convenient readily accessible edge of Village location

A site extending to approximately 0.330 Ha (0.82 acre) providing a well positioned residential development opportunity. The site is zoned within the Scottish Borders Supplementary Guidance on Housing 2017 with an indicative capacity of 6 houses.

Attractive position to the east of the sought after village of Newstead.
Zoned for housing with an indicative capacity of 6 houses.
Mature landscape setting
Development Strategy Report available for the site to Interested Parties
Convenient readily accessible edge of Village location within the Central Borders

General Information
The Orchard is a site of 0.330 ha (0.82 acre) accessed off Back Row to the east of Newstead.

Newstead is a relatively small village with a population of approximately 260. The settlement is situated within a highly sought after area approximately 1 mile to the east of Melrose, 6 miles east of Galashiels.

It is an historic area, reputedly the oldest continually-inhabited settlement is Scotland, recorded as far back as 650 AD. The settlement is situated on the Tweed Valley at the crossing point for the Roman Dere Street. Trimontium, a former Roman Fort is a notable feature at Newstead. The name is taken from its position at the base of the three peaks of the picturesque Eildon Hills (Trium montium). This was a post of the Romans in the Roman province of Valentia occupied from 80-211 AD and at peak, occupation is believed to have been occupied by up to 1,500 soldiers and a small civilian population.

It is a popular residential village and is readily accessible to all the principal towns within the central Scottish Borders and benefits from good connectivity with the A68 Trunk Road and the A7 providing excellent access to the National Roads Network via the A6091 (Melrose by-pass). Edinburgh is approximately 37 miles north. Newcastle-upon-Tyne is approximately 68 miles south.

The southern terminus of the new established Borders Railway linking the Central Borders to Edinburgh Waverley is Tweedbank Station approximately 2.5miles west.

The Residential Development Opportunity
A site extending to approximately 0.330ha (0.82 acres) or thereby with frontage to Main Street, accessed off Back Road which runs around the east and north boundaries. This is effectively an infill development site bounded by housing to the north, south and west.

The site is zoned for housing within the Scottish Borders Housing Local Development Plan 2016 as modified by Supplementary Guidance on Housing 2017 with an indicative capacity of 6 houses. The site is within the settlements Conservation Area.

Development Strategy Report
PagePark have produced a Development Strategy Report for the site.

This reports includes an indicative layout plan which reflects the character of the village with a terrace of four houses with extended garden grounds down to the Main Street boundary to the north together with two detached houses to each end complete with private gardens. The plan reflects the historic use of the site as an Orchard retaining a number of the fruit trees within the boundary of the site.

The Development Strategy Report is available for the benefit of prospective developers

It should be noted that the indicative layout is not prescriptive but is considered to provide a useful starting point.

Interested parties are advised to consult the Planning and Building Standards Sections of Scottish Borders Council at an early stage to discuss their proposals.

Ground conditions
The purchaser/developer will be responsible for any necessary assessment of ground conditions.

Services
Mains foul and surface water drainage; water; electricity; and gas are assumed to be available adjacent or close to the site.

It is the responsibility of the purchaser to determine the exact position of existing services and to arrange for any modification/connection of these to the development in consultation with the relevant services providers.
 
Tenure
Absolute Ownership
 
Method of Sale
The site is offered for sale as a whole with vacant possession by Private Treaty.

Offers
Offers should include:

The identity of the purchasers;
the price offered; source of funds;
clear details of any conditions attached to the offer;
proposed timescale for conclusion of missives, completion and payment.

A closing date may be set for offers. Please note that only those parties who formally notify their interest will be informed of the closing date. Interested parties are advised to notify the selling agents of their interest as soon as possible. The sellers reserve the right to sell privately and are not bound to accept the highest or indeed any offer.

Value Added Tax
Any prices are exclusive of VAT. The subjects are not understood to be elected to VAT.

Viewing
By appointment with the sole agents.

Edwin Thompson, Chartered Surveyors
76 Overhaugh Street
Galashiels
TD1 1DP

Tel. 01896 751300
Fax. 01896 758883
E-mail: s.sanderson@edwin-thompson.co.uk

Property Ref:260_2523_4671886