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5 bed property, in High Street, £600,000
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5 bed terraced house

High Street, Olney MK46
Planning
£600,000

Our Summary

  • No existing residential planning permission
  • Stripped-back internal condition, ready for refurbishment or reconfiguration
  • Residential Development / Conversion Opportunity
  • Strictly Subject to Planning Permission A rare opportunity to acquire a substantial former bank premises in a prominent position on Olney High Street, offering potential for residential conversion or redevelopment, strictly subject to the necessary planning permissions, listed building consent and regulatory approvals
  • Important Notice: This property does not currently have residential planning permission
  • Any residential use, conversion, occupation or redevelopment would be entirely subject to the purchaser obtaining all required planning consents and approvals
  • No warranty is given that residential planning permission will be granted
  • The building is currently in a stripped-back condition, giving a prospective purchaser the opportunity to consider a comprehensive scheme of refurbishment, reconfiguration or conversion, subject to all necessary consents
  • With its traditional frontage, period character and central High Street setting, the property may appeal to buyers seeking a distinctive town centre building with potential for future residential use, subject to planning
  • The current arrangement may provide scope for an imaginative residential scheme, subject to the purchaser obtaining the required planning permission and any other relevant consents
  • Planning Position The property currently benefits from Class E commercial use, which may make it suitable for a variety of commercial uses, including retail, offices, beauty, dental, professional services, clinic, studio, restaurant or similar uses, subject to any necessary planning, listed building or regulatory approval
  • Any residential use, residential conversion, change of use, subdivision, redevelopment or occupation as a dwelling would be strictly subject to planning permission and any other required approvals

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Description

The property, located on Olney High Street, is a substantial former bank premises with a traditional frontage and period character. It spans approximately 3,010 sq ft / 279.6 sq m over ground, first, and second floors, with a spacious outside courtyard area. The existing layout includes a principal retail/banking hall, rear office and ancillary areas, further office accommodation, and staff facilities.

The building is currently in a stripped-back condition, offering a comprehensive scheme of refurbishment, reconfiguration, or conversion, subject to necessary consents.