Residential development for sale

Draft details 

Sell New Group is delighted to offer for sale, this super parcel of land measuring approximately 0.16 of a Acre, located on the High Street within sought after area of Dunstable Bedfordshire. There is an array of shops, bus routes and restaurants nearby along with good motorway links. The land is freehold with two titles and road access to side leading into the rear of the site. The site is to be sold without approved planning, however the land formally had three office buildings located on the site with parking located to the rear. These buildings where demolished over a decade ago and the land is now cleared and in a vacant possession. We believe the site has potential for a number of uses, including car sales fore court, and a development scheme including a mix of commercial and residential subject to planing. Should the planning be obtained on this site, it could be an excellent investment opportunity! 

LOCATION:

Dunstable is a market town and civil parish in Bedfordshire, located approximately 30 miles

northwest of London. The town is well connected by road, with the A5 running through the town providing links to London & Birmingham and the M1 motorway is also nearby.

Luton and Leagrave railway stations provide links to London, the Midlands and the North and there is dedicated Busway network providing services from central Dunstable to Luton.

London Luton airport is a short drive from the town, offering connections to a range of

domestic and international destinations making it convenient for both business and leisure

travellers.

The site was the Former Site of Chestnut House, 178-182, High Street North, Dunstable, LU6 1AT situated in central Dunstable, adjacent to Watling House surrounded by mixture of shops, commercial and residential buildings and homes. 

SITE:

The subject site is largely square in shape and extends to approximately 0.16 Acre, and is comprised over two Land Registry titles, part of Title number BD213538 and BD53333. See attached 

SIZE:

AREA: 0.11 Acres

TITLE NUMBER: BD53333

AREA: 0.05 Acres

TITLE NUMBER: BD213538

The site was demolished to slab level, approximately 17 years ago and was formally three office buildings with parking located to the rear. See photo in media section.

SERVICES:

We have been advised by the sellers that services are available on site, the buyer would need to do their own checks so satisfy them selves. 

PLANNING:

The site is within Central Bedfordshire Council jurisdiction, and are not aware of any planning applications that have been made on this land. 

VAT:

The site is not elected for VAT to our knowledge. 

ADDITIONAL INFORMATION: 

The seller is prepared to sell the company that owns the the freehold titles, in order for the new owner to save on costs. Furthermore the seller has made us aware they hold valid searches which can be passed to the new buyers solicitor, upon a non refundable reservation fee of £3,500 being paid to the seller to secure the site. A buyer would ideally need to work towards a 4 week exchange/completion of contracts. 

VIEWINGS:

Viewings should be arranged strictly by appointment with Sell New Group, Applicants should note that Sell New take no responsibility for any injury or accidents on the property. Viewers and visitors do so at their own risk.

DISCLAIMER: 

Sell New Group are acting Agents for the vendors of this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We have not tested and are not responsible for testing any of the appliances. We make detailed enquiries of the vendor to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate. 

On reservation, Sell New Group will require: 

Buyers would need to be AML money laundering check

Proof of cash funds 

A non-refundable £3,500.00 deposit which will be deducted from the overall agreed sale price. The sale is subject to a 4 week exchange of contracts starting from when contracts have been received. Completion will be on notice. 

Should you wish clarification on any of the above points, please ask prior to reservation fees being paid.