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Land for sale
1 Streetly Road, Birmingham, West Midlands, B23 7BH
£1,700,000
1 Streetly Road, Birmingham, West Midlands, B23 7BH
£1,700,000
Our Summary
- Offers based on £1,700,000 are invited on a subject to planning basis Freehold Residential Development Opportunity The site is approximately 0
- Planning The vendor has gained two pre-planning approved designs as follows:- DESIGN 1 (HAPPI Sheltered Housing for over 55s) A pre-application approved design for 44-46 apartments over 3,844 sqm (41,376 sqft)
Description
A freehold residential development opportunity is available for sale by private treaty in Stockland Green, Birmingham, with offers based on £1,700,000. The site, approximately 0.19 hectares in size, comprises a vacant former bingo hall and cinema, rising to 6 storeys in height and heavily influencing the local high street shops. The existing building provides 20,715 sq. ft. of accommodation over ground, mezzanine, first, and second floors. The property is located at the junction of Streetly Road and Marsh Lane, a district centre with many individual and local shops, pubs, and restaurants. The local area is very urban and built-up, with all immediate neighboring buildings having a substantial building footprint. The site is prominently located approximately 7km north of Birmingham City Centre and has strong transport links, with bus routes running along Streetly/Slade Road and Marsh Hill/Reservoir Road. The vendor has gained two pre-planning approved designs for the site, including a scheme for 44-46 apartments for over 55s and a 51-55 apartment build-to-rent scheme. Alternative schemes may be considered, and the vendor has previously had plans drawn up for a 61-63 unit scheme for Housing Associations, Charities, or other institutions focusing on short-term accommodation. The property is freehold with vacant possession, and all planning enquiries should be directed to Birmingham City Council planning department.