Moston Road, Sandbach 2 bed block of apartments for sale

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Moston Road, Sandbach 2 bed block of apartments for sale

Moston Road, Sandbach
£325,000

Our Summary

  • Mixed-used Investment opportunity 2 x Apartments & 1 x Ground Floor Retail Unit Planning Consent Granted in 2016 for an additional 4 Apartments & 1 Retail Unit For Sale on Auction Terms
  • A mixed used investment opportunity comprising; - 1 x 1 bedroom Ground Floor Apartment - Fully let on a rolling contract
  • - Planning Consent Granted for an additional 4 x Apartments & 1 x Retail Unit
  • Full planning consent was granted for 'Two-storey side extension to create a new shop with flats above' dated October 2013 (Ref; 13/2999C)
  • A further planning approval for 'Variation of condition No 2 (approved plans) of existing permission 13/2999C - Two storey side extension to create a new shop and flats' was granted on 28 September 2016 (Ref; 16/3758C)
  • - Plans & Elevations - Photos - Comparable Sales / Rental EvidenceThe footings for the above planning consent have been installed and we understand this planning consent is therefore extant (please note that BJB have yet to receive confirmation of this)
  • We understand there may be potential to increase the number of units further via internal reconfiguration
  • Proposed Additional Accommodation; - 1 x 2 bedroom apartment - 3 x 1 bedroom apartment - 1 x 1 retails unit We understand that the additional accommodation detailed in planning consent Ref; 13/2999C equates to approximately 190 sq
  • 2 x Apartments & 1 x Ground Floor Retail Unit Planning Consent Granted in 2016 for an additional 4 Apartments & 1 Retail Unit
  • BJB Auction
  • For Sale on Auction Terms
  • Mixed-used Investment opportunity

Description

This mixed-use investment opportunity in Sandbach, Cheshire, comprises a 1-bedroom ground floor apartment, a 2-bedroom first floor apartment, and a vacant ground floor retail unit with planning consent for an additional four apartments and one retail unit. The property is fully let on a rolling contract, with the retail unit currently vacant but with all fixtures and fittings for a fish and chip shop. The planning consent is extant, with footings already in place, and there may be potential to increase the number of units further through internal reconfiguration. The property is located near the town center, with easy access to the M6 motorway and Sandbach railway station, and is surrounded by a range of amenities, including shops, bars, and restaurants. The total floor area of the existing accommodation is approximately 170 square meters, with the additional accommodation proposed to be around 190 square meters, bringing the overall total to approximately 330 square meters.