Illustration

Land For Sale £500,000
Woolmonger Street, Northampton, NN1


Description
UNIQUE TOWN CENTRE DEVELOPMENT PROJECT OF MIXED USE FOR 14 APARTMENTS AND COMMERICAL UNIT ON GROUND AND LOWER GROUND FLOOR

- Full planning consent for demolition of existing building and erection of a new building with 14 apartments and Class D1 (non-residential institution) on the ground floors.

- Contemporary design

- Planning instigated with some conditions discharged

- Attractive rental potential once completed

- Town centre location

- Possible alternative configurations subject to consent

- Walking distance to train station

- Approximately 6,400 sq feet build

PLANNING

Full planning consent was obtained on 13th June 2005 under reference number N/2005/698 for the demolition of the existing building and the erection of a new building with fourteen apartments and Class D1 (non-residential) institution on the ground and lower ground floors.

A copy of the full planning consent is available from the agents with Conditions 2, 5, 6 and 11 having been discharged with evidence provided

The latest planning permission is N/2019/0345 and both planning permissions are live and valid indefinitely with no time restrictions. This gives the option to build with or without the lower ground, with or without cladding and the use of advanced sprinkler systems.

A schedule of values and rental figures are available from the agents showing the gross development value. Subject to a change of use, there is a scheme available for creation of 30 self-contained studios enhancing the potential GDV

PROPERTY INFORMATION

Services: Mains gas, electricity and water are available on site, however, purchasers must make themselves aware of their location.

Local: Authority: West Northamptonshire Council.
Tel.[use Contact Agent Button]

Tenure: Freehold

Viewings: Strictly by appointment with Jackson-Stops Tel.[use Contact Agent Button]


Follow the link for more information:
        
onthemarket.com

  
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