For Sale

Northern Fringe, Torpoint

Northern Fringe, Torpoint, Cornwall PL11 2TQ

27 Acres

View details Brochure
Torpoint is entering a new phase of growth and regeneration supported by strategic public investment and its proximity to the expanding HMNB Devonport. Major town-centre renewal plans – including new homes, community facilities, and improved public spaces – are already progressing with funding secured and demolition works underway. These improvements are complemented by the wider Tamar 2050 programme of planned enhancements to the Tamar Bridge & Torpoint Ferry connections between Plymouth and Cornwall. As a key gateway to Plymouth and the South West’s largest naval base, Torpoint is ideally positioned to benefit from long-term defence sector investment bringing with it new jobs, housing demand and inward investment. The town’s revitalisation makes it an increasingly attractive location for high-quality residential development.

Features

  • 27 Acres
  • Up to 240 homes within Area A
  • A multi-use community building in Area A (or more likely a proportionate financial contribution in lieu)
  • Convenience retail floorspace in the region of 2,500 sq m (gross) in Area B, subject to the sequential test
  • Vehicle access from the A374 in the south-east corner of the development
  • Suitable green separation and screening between Area A and Area B
  • An appropriate site for alternative rugby provision as identified in Policy TOR3 and sufficient funds to secure like for like replacement facilities including changing rooms and clubhouse, should demand for a new rugby club in Torpoint arise over the plan period.

Overview

Torpoint is a welcoming coastal town situated in southeast Cornwall, England, with a population of approximately 8,500 residents. Nestled on the western bank of the Tamar estuary, this charming town offers stunning views across the water to the city of Plymouth, which lies just 3 miles (5 km) away. Torpoint’s proximity to Plymouth provides easy access to a major urban centre while maintaining its own distinct character and community feel. The town is also conveniently located about 20 miles (32 km) from Liskeard and 52 miles (82 km) from Cornwall’s capital, Truro.

Torpoint is perhaps best known for its unique chain ferry service which has been in operation since 1791 and connects the town to Plymouth via a 7-minute journey time. The town is recognised for its rich naval history with many residents having connections to the nearby HMS Raleigh naval training base and Devonport dockyards. Torpoint’s waterfront location, combined with its proximity to the beautiful Cornish countryside and the Rame Peninsula, known as “Cornwall’s forgotten corner,” makes it an ideal base for exploring the region’s natural beauty and engaging in various water-based activities.

Gallery

Further information

  • TENURE

    Freehold. Copies of the title documents are available for inspection in the dataroom. The land will be sold with full vacant possession. The precise boundaries of the land to be included in the sale at the western edge of Borough Farm will be agreed between the Antony Estate and the successful purchaser before contract and include sufficient land and rights to enable the purchaser to provide suitable road access to the development from Goad Avenue.

  • METHOD OF SALE

    The wider site including both Defiance Fields and Borough Farm is being offered for sale as a whole on a subject-to-planning basis, by way of a single conditional contract.
    Following an initial period for expressions of interest and review of the data room, bidders will be invited to submit offers for the entire site. These must clearly disaggregate the retail/commercial components and attribute a standalone land value to the retail element, supported by appropriate appraisal assumptions and copies of third-party offers. This approach will inform an independent benchmark assessment of retail value to support the local authority’s best consideration obligations and guide expectations for final bids. Shortlisted parties will then be invited to submit refined best and final offers, taking into account feedback on planning, retail valuation benchmarks, and quality expectations. A preferred purchaser will be selected on the basis of overall value, deliverability, and alignment with the joint landowners’ strategic objectives. The successful bidder will enter into a single conditional contract for the full site, subject to securing a satisfactory planning permission for a residential-led, mixed-use development.

  • VAT

    Defiance Field is not elected for VAT. An option to tax the Borough Farm development land has been made and details will be provided upon request to the successful purchaser.

  • DATAROOM

    Access to a comprehensive dataroom including title documents, topographical, utility and preliminary ecological surveys, proposed highway layout drawings and other technical details, will be made available to interested parties upon request.

  • VIEWINGS

    All viewings are to be made strictly by appointment only via the marketing agents.

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