Land to the South of Bank Lane, 2 Bank Lane, Barrow-in-Furness, LA14

The land forms part of a larger site that has been granted planning permission for mixed-use development, with the subject element benefiting from outline consent for up to 48 dwellings. The site extends to 1.63 hectares (4.03 acres).

Tenure
Freehold.

Legal Costs
Each party is to be responsible for their own legal costs.

Planning
Planning permission for the wider site, of which this land forms part, was granted under a Hybrid Application comprising a Builder's Merchant (now completed and trading, together with associated SUDS areas and a foot/cycle way) and residential development of up to 48 dwellings, including landscaping, open space, drainage (including SUDS) and associated works — the residential element being in outline, with all matters reserved.
The application reference is B21/2022/0771, with consent granted on 7th October 2022.

We understand the consent is subject to a Section 106 Agreement, the main terms of which are:

10% affordable dwellings
A Highways Improvement Contribution of £91,743, payable upon the sale of 25 or more dwellings
Open Spaces Management

A full suite of technical information is available on request.

The land is situated to the north of Bank Lane, between Park Road (A590) and Middlefield. Barrow-in-Furness town centre lies approximately 1.75 miles to the south. Local bus routes run along Middlefield, which is also home to a number of neighbourhood retail units, while an Asda supermarket is located around 1.25 miles further south. Families are well served locally too, with four primary schools and one secondary school all within a 1-mile radius.

Barrow-in-Furness is the second largest urban centre in Cumbria and sits as a port town in the southwestern part of the county, approximately 10 miles from the Lake District National Park. The town's principal employer is BAE Systems, which has recently invested £300 million in Barrow's shipyard to construct new facilities capable of manufacturing and assembling a new class of submarine.

This investment reflects Barrow's central role in the AUKUS defence partnership: in 2023, the governments of the United Kingdom, United States and Australia committed to the construction of a new class of nuclear-powered submarine, which will be designed and predominantly built in Barrow - cementing the town's long-term significance as a hub for advanced engineering and shipbuilding employment.