The site is located withing close proximity to the town centre and 450 m walk to the mainline station. On the south side of Walton Road on the corner with Grove Road.
The current buildings are two storey properties let on short term basis ; vacant possession can be obtained. Planning has been granted under Ref PLAN/2017 /0146 for 14 private flats with a mix of 1 , 2 & 3 bed apartments in a four -storey building. There is car parking for 8 cars within the scheme. Currently the existing property is fully let producing £85 ,200 pa. Vacant possession can be provided if required.
The development provides a total of 964 sq m NSA. There is a S106 legal agreement in place with provision for a contribution of £278,519 for Affordable Housing, SAMM payment of £10,568 and separate CIL payment of £78,230. Further information and floor plans of planning consent can be provided on request.
The site is held in two titles one for each property. The combined site is being offered for sale.
Freehold offers in excess of £1.85 million.
Anti Money Laundering Policy
In accordance with Anti Money Laundering Regulations, the successful purchaser will be required to provide two forms of identification and confirmation of the source of funding.
Each party to bear their own legal costs incurred in the transaction
Strictly by appointment with the sole agents Owen Isherwood