|Beautiful and unspoilt - but for how long?|
Wednesday, October 14, 2015
BIDS FOR SLADNOR PARK CLOSED
The deadline for bids for Sladnor Park expired yesterday. It is now a question of waiting to see if there are any Retirement or Care Home speculators who wish to take up the existing planning application. Any other use of the site would need a re-submission planning application which, in the light of Torbay Council's decision to remove Sladnor from the housing quotas, might be difficult to achieve in the short term.
no guide price to go by, the current owners are likely 'feeling the
market' and this could be only the start of their selling strategy.
'Caveat Emptor' or 'let the buyer beware' as indicated by the rider in
the sale pack that the sale is not dependent upon planning approval,
would logically deter a flood of bids on what is clearly a most
problematic site for potential developers.