Castlederg is a market town in Co Tyrone situated approximately 18 miles north west of Omagh and 25 miles south west from Derry city close to the border with Co Donegal. The site is situated on the Killeter Road opposite the Cavan Road junction approximately 0.5 miles west from the town centre. The opportunity benefits from a variety of local amenities and leisure facilities provided in the town centre and The Gateway Enterprise Complex is located opposite.
The development opportunity extends to approximately 5.9 acres and benefits from a gently sloping topography. The greenfield site is regular in shape with boundaries defined by mature hedgerows. Access to the development will be facilitated off the Killeter Road.
Site Area
5.9 acres (2.4 hectares)
The site has full planning permission granted in September 2007 for 45 no. dwellings including 16 no. apartments (Planning Ref: J/2005/1193/F). The site would benefit from a more apt dwelling mix removing the apartments. A lower density scheme comprising 38 no semi dwellings has been considered by the vendor.
Building Control
We are advised Building Control approval for the erection of the first 8 no. dwellings off Killeter Road was passed on 2 October 2017 (Plan No: F/2017/0400/MAST/MH/GA).
Note: Some works have commenced on-site to include the entrance and some foundations laid.
All figures quoted are exclusive of and may therefore be liable to VAT.
Please refer to vendor’s solicitor for Title Pack or download from the iOK Auction website (www.iokauction.com).
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
