The property comprises the land to the rear of 363 Commercial Road with planning for a rear extension to form 3 additional residential dwellings extending to a total of 1,453 square feet (135 square metres) approximately. Once developed the property will consist of 2x1 bed flats arranged over lower and upper ground floors and 1x1 bed flat on the first floor with a total estimated GDV of £1.1m. Please see the PLANNING section of the brochure for more details.
Please note the freehold of 363 Commercial Road will also be included in the sale - consisting of an existing three-storey building adjacent to the land which will be retained on a virtual freehold by the vendor (consisting of two ground floor retail units, 1 x 1 bedroom on the first floor and 1 x studio flat on the second floor). The building is vacant and any element is still available by separate negotiation. The rear site has been cleared so there is no demolition required.
Price | £500,000 (offers in excess of) |
Building type | Land |
Tenure | Freehold |
Deal type | Development without income |
* All floor areas subject to measurement on practical completion
Lower Ground Plan
Lower Ground Floor proposed plans for residential development with planning for 3 flats in commercial road.
Upper Ground Plan
Upper Ground Floor proposed plans for residential development with planning for 3 flats in commercial road.
First Floor Plan
First Floor proposed plans for residential development with planning for 3 flats in commercial road.
Second Floor Plan
Second Floor proposed plans for residential development with planning for 3 flats in commercial road.
Find out more information about this building's development and technical spec.
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Viewings are strictly through sole agents Harston&Co, by appointment only.
We understand the property is not elected for VAT.