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Land for sale
Development Opportunity- Hockley, Birmingham
£730,000
Development Opportunity- Hockley, Birmingham
£730,000
Our Summary
- Planning permission approved for the demolition of the existing building and create a residential block configured over three and four storeys comprising twenty-two apartments with ground and roof-top amenity/ garden space, car and cycle parking, and landscaping
Description
The property is a currently industrial site with a three-storey brick-built building, comprising workshop and office spaces, with a total gross internal area of approximately 1,301 square meters. The site is tenanted but will be vacant upon completion. Planning permission has been approved to demolish the existing building and construct a residential block with 22 apartments, ground and roof-top amenity spaces, car and cycle parking, and landscaping. Additionally, the development will include two affordable housing units, one one-bedroom and one two-bedroom apartment, in accordance with S106 regulations. The property is being sold freehold, although this must be verified by the buyer.