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Fore Street, Trowbridge Land for sale
Fore Street, Trowbridge
£650,000
Fore Street, Trowbridge
£650,000
Our Summary
- This is a rare opportunity for a town centre development with planning permission for 10 new apartments as well as 2 existing commercial units on the ground floor, currently providing over £30,000 of annual income
- The vast upper floors are ripe for conversion with the planning permission including extending the top floor rearward
- Planning permission was granted in 2021 and since then, some work has been started
- Planning documents are available via the Wiltshire Planning Portal with the reference: 20/11327/FUL
- DEVELOPMENT OPPORTUNITY
- Development opportunity
- PLANNING PERMISSION FOR 10 NEW APARTMENTS
- Planning permission for 10 new apartments
Description
This rare opportunity in Trowbridge's town centre offers a unique chance to develop 10 apartments and retain two existing commercial units on the ground floor, generating over £30,000 in annual income. The property, situated within the conservation area, has planning permission granted in 2021 and some work has already been started. The ground floor commercial units are currently let, providing a net income of £33,000, while the upper floors are ripe for conversion into apartments with impressive rooftop views. The apartments would range from studios to two-bedroom duplexes, with many having their own terraces or access to a shared outdoor space. The property is situated in the heart of Trowbridge, close to the town park, historic buildings, and scenic walks, with excellent transport links to London, Bath, and surrounding areas.