Our Summary

Freehold mixed use development opportunity

Planning permission for 18x residential apartments, 6x commercial studios and 2x live/work units

23 acres) and comprises a number of buildings with planning permission granted in three phases as follows: Phase 1 - conversion of the existing four storey building to provide 4x ground floor commercial studios and 12x residential apartments on the upper floorsPhase 2 - conversion of the existing building to provide 2x ground floor commercial studios and 6x residential apartments on the upper floorsPhase 3 - conversion of the existing Grade II Listed warehouse building into 2x live/work units comprising commercial ground floor studio accommodation and 2x two bedroom apartments above Some works for Phase 1 have been completed but prospective purchasers are to rely on their own enquiries in this regard

Description

The property site consists of approximately 0.23 acres and includes a number of buildings with planning permission for multiple phases of redevelopment. Phase 1 involves converting an existing four-story building into 4 commercial studios on the ground floor and 12 residential apartments on the upper floors, with some works completed but the extent of completion is uncertain. Phase 2 involves converting the same building into 2 commercial studios and 6 residential apartments.

Phase 3 involves converting a Grade II Listed warehouse into 2 live/work units with commercial space on the ground floor and 2 two-bedroom apartments above. The property is situated on Whapload Road, a busy thoroughfare north of the town centre, within a few hundred yards of the sea front.

Land

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Our Summary

Description