Prime development land for sale in Penryn, Falmouth

This property is marketed by:
Kivells Ltd

KEY FEATURES

• 33.58 acres of development land subject to planning
• Existing farmhouse and associated outbuildings.
• Partially constructed 7 bedroom farmhouse
• Sea views over Falmouth Harbour
• Elevated position adjacent to Falmouth University campus
• Designated as future development site for mixed use
• Easily developed free draining land and southerly aspect

Invitation for option/promotion agreement for developers and land promoters for a prime development site of approximately 33.58 acres (13.59ha) adjacent to Penryn University campus. With the current expansion of the university and surrounding town, this already designated site is looking for a partner to work in a collaborative manner to best maximise the potential.

LOCATION

Once voted as one of the very best places to live in the south west by The Times newspaper, Falmouth is located on Cornwall's stunning coastline and mixes its long cherished maritime history with cutting edge technologies explored at its university – a specialist for the creative industries. 

Falmouth is located on the entrance of the Fal Estuary, the world's 3rd largest deep-water harbour, providing important deep-water moorings and facilities to the marine industry. From the Harbour there are regular ferries also serving the popular and exclusive St Mawes, Trelissick and the pretty village of Flushing. 

The town is famous for its creative buzz with many art galleries displaying contemporary works and venues showcasing independent films and live bands. Falmouth is surrounded by several fantastic family friendly beaches and is known for its year-round events calendar drawing large tourist crowds every year. The town centre is well served with regional and national business enterprises and is located approximately 10 miles south of Truro being the capital city of Cornwall.

The site is located in the area of Penryn and sits just walking distance north of the Falmouth University at the Penryn Campus.

THE DEVELOPMENT SITE

The Site itself extends to approximately 13.59 hectares in total and is divided by "Packsaddle" a road currently providing access to the site with the southern section measuring approximately 6.51 acres and the northern section 25.54 acres. Importantly there is a further 1.53 aces which sits directly opposite the university and could be utilised as access for the much discussed "bridge connection" linking this land and the campus.

The site comprises a mixture of woodland, stables and fenced paddocks to the south, the dividing Packsaddle road (council owned and maintained) a farmstead including 4 bedroom farmhouse, 7 bedroom part constructed dwelling (with AOC), range of associated stone constructed traditional outbuildings, modern steel clad storage barns, concrete hardstanding and land to the north.

The majority of the site has been allocated as future potential development under Policy "FP-M4 Treliever Direction of Growth (Mixed Use") from the Cornwall site allocations development plan document adopted in November 2019 (cornwall-site-allocations-development-plan-document.pdf).