Residential development for sale
Property description & features
Situated just outside the centre of town this a great opportunity to acquire a very useful building extending to over 9000 square feet of industrial building and offices.
With huge potential for changes of use this we consider is a good investment opportunity that might also suit an owner occupier.
The property has parking on two sides and an extra parcel of land is available, but that currently is the old car park that is now housing storage units. It would appear in the current market and with the over development of apartments in the area that the best way to redevelop the site would be to apply for planning to construct 8 or 9 townhouses.
Offered with full vacant possession and viewing of the building is by appointment.
The warehouse is valued to let out for approximately £48,000 pa as an investment.
The property has history of pre planning advice from the local authority who have indicated a planning application for demolition and redevelopment to residential in principle is possible.
A number of indicative drawings have been prepared with various connotations some of which are included in this Brochure.
The accommodation designed indicates 11 properties in a mix of housing and apartments.
Given the site's fairly central location, this development would be attractive to buyers and renters in the town. This redevelopment would be subject to planning.
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