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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
  • 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-used investment opportunity comprises two apartments and a ground floor retail unit, with planning consent granted in 2016 for an additional four apartments and one retail unit. The property is located in Sandbach, a market town with a bustling high street, and is less than 2 miles from the town center. The existing accommodation includes a 1-bedroom apartment, a 2-bedroom apartment, and a 1,000 sq ft retail unit, which is currently vacant but suitable for a fish and chip shop. The property has all mains services in place, including drains and electric. The planning consent includes a two-storey side extension to create a new shop with flats above, and the footings for this development are already in place. The property offers a unique investment opportunity, with potential for further development and growth.