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Our Summary
- Clear redevelopment opportunity (STPP)
- Potential for phased or flexible development approach
- An excellent opportunity to acquire a prominently positioned development site in the centre of Measham, offering strong potential for redevelopment (subject to planning)
- The existing building is in poor condition and considered suitable for demolition, making this an ideal clear-site redevelopment opportunity
- The site is particularly well suited to a residential apartment scheme, whether across one or both plots, or as part of a mixed-use development incorporating ground floor commercial space (subject to planning)
- The separation of the plots may also offer phased development potential or alternative layouts depending on a purchaser’s vision
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Description
The property comprises two separate plots on Measham's High Street, totaling approximately 0.15 acres. The main plot, a former retail building, measures around 0.10 acres, while the secondary plot, previously used as a parking area, measures around 0.05 acres. The building is in poor condition and considered suitable for demolition, allowing for a clear redevelopment opportunity.
The site offers flexibility for various development approaches, with potential for a residential apartment scheme, mixed-use development, or phased development depending on the purchaser's vision.