TYPEOther, Other, Other Property Types & Opportunities
TENUREBusiness for sale, Development Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON7th August 2021
The building is a purpose built two storey building which we understand was constructed in the 1980's. The ground floor is to be sold off long leasehold. The subject property comprises the freehold interest which includes the first floor comprising open plan accommodation which has been stripped out in preparation for re-development.
Planning consent has been granted (Ref: 17/P/0899/F ) to raise the roof height of the building to create a second floor level with a mansard roof and dormer windows on the rear and front elevation and the development of 9 self-contained residential units as set out in the table below:-
UnitDescriptionSize 12 bed maisonette1,041 sq ft 21 bed flat614 sq ft 31 bed flat570 sq ft 41 bed flat603 sq ft 52 bed maisonette 892 sq ft 62 bed maisonette876 sq ft 71 bed flat614 sq ft 81 bed flat614 sq ft 91 bed flat580 sq ft
ACCOMMODATION The property has the following approximate Gross Internal Area in accordance with the RICS Property Measurement Standards (1st Edition, May 2015):-
First floor 4,005 sq ft(372.07 sq m)
TENURE The freehold interest of the property is to be offered for sale.