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PHOTO20240130152324 20240201 12 03 55 1.jpg
PHOTO20240130152324 20240201 12 03 55.jpg
Guide price£180,000 | 7,105 sq ft
Added > 14 days

Residential development for sale

The Old Hope Church, Laburnum Drive, Oswestry, SY11 2QR
Auction
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Residential development
0 bed
0 bath
7,105 sq ft / 660 sq m

Property description & features

  • Tenure: Freehold
  • For sale by auction
  • Total Gross Internal Floor Area 7,105 sq ft
  • Significant potential for other residential/religious or commercial uses (STSC)
  • Planning consent currently for conversion into a 22 bedroomed HMO
  • Total Net Internal Floor Area of approximately 4,204 ft sq (390.50 m sq) on the ground floor
  • Total Net Internal Floor Area of approximately 2,414 ft sq (224.28 m sq) on the first floor
  • Car forecourt area
  • Use Class D1 of the Town and Country Use Classes Order
Description
The property would lend itself to redevelopment for commercial/residential uses subject tot statutory consents and currently benefits from planning consent for conversion into a 22 bedroomed HMO under Planning Reference Number 22/05041/FUL. It would lend itself to a variety of uses subject to statutory consents.

Of traditional construction, being in part of brick construction and part of timber framework construction, the property sits under part tiled and part flat felt roof covers.

There is a Total Net Internal Floor Area of approximately 4,204 ft sq (390.50 m sq) on the ground floor and a Total Net Internal Floor Area of approximately 2,414 ft sq (224.28 m sq) on the first floor.

Which combined provides Total Gross Internal Floor Area of approximately 7,105 ft sq (660 m sq) and the planning consent granting consent for the building to be extended to 749 m sq.

To the front, there is a car forecourt area and the property also benefits from having disabled access.

The Total Site Area is 0.175 acres (0.071 hectares).

A viewing is strongly recommended to fully appreciate the potential of the property.

Location
The property is located fronting onto Laburnum Drive on the southern edge of the town of Oswestry. The property is located in an established residential area approximately 1 mile from Oswestry Town Centre, where all local amenities are available.

The property is located directly opposite a Premier Convenience Store and benefits from easy access to the A5, A483 and A495. The location of the property means it would lend itself to a variety of residential, educational, religious or commercial uses, subject to statutory consents.

The local area offers stunning walks and beautiful scenery, Offa's Dyke Path and Lake Vyrnwy and is within an hour of the Snowdonia National Park. Other nearby attractions include Pontcysyllte Aqueduct, a UNESCO World Heritage Site and several National Trust properties are nearby.

Oswestry boasts various annual events including, Oswestry Show, Oswestry Food Festival and the Balloon Festival.

Terms
The property is offered for sale with vacant possession.

The property is held under the ownership of Property Title Number SL168365.

Guide Price/Reserve
£180,000 - £200,000 (One Hundred and Eighty thousands pounds to Two Hundred thousand pounds) (Exclusive)

*Guides are provided as an indication of each seller’s minimum expectation they are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a reserve [a figure below which the Auctioneer cannot sell the property during the auction] which we expect will be set within the Guide Range or no more than 10% above a single figure guide.
The property is offered for sale by public auction on Friday 29th of November at 3pm at Halls Holdings House, Bowmen Way, Battlefield, Shrewsbury, Shropshire, SY4 3DR.

Method of Sale
The property is offered for sale by public auction on Friday 29th November at 3pm at Halls Holdings House, Bowmen Way, Battlefield, Shrewsbury, Shropshire, SY4 3DR.

Buyers Premium
In addition to the contract deposit required, buyers should note when bidding, that on the fall of the gavel, they will be responsible for paying a Buyer’s Premium as noted on individual lots. This is additional to the purchase price and set at 2.5% plus VAT of the “hammer price”, subject to a minimum fee of £2,500 plus VAT (£3,000).
Please bring with you the means to pay both the deposit and the Buyer’s Premium.

Money Laundering Regulations
PLEASE NOTE that any person buying or bidding at auction MUST produce TWO forms of *identification documentation. One to confirm their name and residential address, i.e. utility bill or bank statement and one photo ID, i.e. passport or driving licence. We will be unable to accept your bid unless you have registered with us and produced suitable ID.

Conditions of Sale
Please note that the property is sold in accordance with the Common Auction Conditions [4th Edition March 2018] (a copy of which is included with the Legal Pack). Special Conditions of Sale relating to each lot are available upon request from the Auctioneers or the Vendors Solicitor prior to the auction.
The contract and special conditions of sale will not be read out by the auctioneers at the auction but will be available for inspection at the auctioneer’s offices or the vendors solicitors for a period before the auction date. Purchasers will be deemed to have inspected these Special Conditions of Sale and will be legally bound by these conditions which will form part of and will be attached to the Sale Memorandum.

Payment of Deposit
The successful buyer of each lot will be required to pay a deposit of 10% of the purchase price (subject to a minimum of £1,000) to the vendors’ solicitor prior to leaving the saleroom. Any deposit payments collected by Halls Holdings Limited will incur a 1% service charge. PLEASE NOTE THAT WE DO NOT ACCEPT ANY FORM OF CASH DEPOSIT OR CREDIT CARDS.

Rights of Way Easements/Wayleaves
The land will be sold subject to any wayleaves, public or private rights of way, easements and covenants and all outgoings whether mentioned in the sales particulars or not.

Town and Country Planning
The land will be sold subject to any development plan, tree preservation order, town planning schedule, resolution or notice which may be or come to be in force, subject to any road widening or improvement schemes, land charges and statutory or provisional by-laws without any obligation on the vendor to specify them

Boundaries, Roads and Fences
The Purchasers shall be deemed to have full knowledge of the boundaries and roads and neither the Vendor nor the Agent will be responsible for defining the ownership of boundary hedges or fences.

EPC
D (77)

Business Rates
Exempt under current use.

Services
Not tested at the time of inspection. Prospective purchasers should make their own enquiries.

Mains water, electricity, drainage and gas are understood to be connected to the property

Planning
Prospective purchasers should make their own enquiries.

The property is located in Shropshire Council. The property has most recently been in use as a church with offices falling within Use Class F1 of the Town and Country Use Classes Order.

The property benefits from planning consent currently for conversion into a 22 bedroomed HMO under Planning Reference Number 22/05041/FUL. It would lend itself to a variety of uses subject to statutory consents.

Solicitors
Freeman Johnson Solicitors
11 Victoria Road
Darlington
Co Durham
DL1 5SP
Edward Miller
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Local Authority
Shropshire Council
Shirehall
Abbey Foregate
Shrewsbury
SY2 6ND

Property information from this agent

Places of interest

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    Halls Commercial provides a range of specialist commercial property services to clients of all sizes across the UK. We have a comprehensive knowledge of our markets developed over many years operating in this sector. Our service is forward thinking, personal and professional, designed to achieve the best results for our clients whatever their requirements. Although we operate nationwide, we retain a particular emphasis on the Midlands. Agency Services Our commercial agency team are on hand to offer friendly advice and market appraisals, helping you buy and sell commercial property throughout Shropshire, Worcestershire, Mid Wales, the West Midlands and beyond. We advise investors and developers on selling and acquiring commercial property, while also assisting with the acquisition of new premises or disposing of unwanted space. From offices and retail to industrial and leisure-based properties, we can guide you through the sale of all types of commercial property. Offering advice at every stage, we will help you find the best route to market and give you advice on how to attract the right buyers. We can also give guidance on development land, whether owner occupied or held as an investment. With strong links to buyers, our skilled and knowledgeable team are on hand to advise from start to finish. This includes guidance on any works required prior to sale, including applications for planning consent, refurbishment programmes and tenant disputes. Management Services Offering a strategic approach, we always have your future needs in mind. Whether you’re an experienced landlord or a one-off investor, we understand that your priority is to increase the value of your investment while minimising void periods and building a strong tenant profile. Working closely with our in-house marketing and PR team, we have a comprehensive tenant vetting process to help minimise your risks. If you’re looking to expand your commercial property portfolio, we will take the time needed to gain a full understanding of your needs and match you with properties suited to your business requirements within your timescales. Professional Property Services Halls Commercial is a team of RICS Registered Valuers with professional indemnity insurance cover of £10 million. As you would expect we are on the valuation panels of most of the major banks including Barclays, Lloyds, Royal Bank of Scotland, HSBC, NatWest, Handelsbanken, and Clydesdale. Our experienced team of valuers operates in accordance with RICS Valuation Standards (Red Book), International Financial Reporting Standards (IFRS) and UK GAAP and alongside the years of experience across our Commercial team, our valuations are backed by the latest valuation and appraisal software.

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    Broadband availability and predicted speed

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    Mobile phone signal availability and predicted strength

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    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

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