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Glen Fern Road, Bournemouth BH1 Residential development for sale
Glen Fern Road, Bournemouth BH1
£750,000
Glen Fern Road, Bournemouth BH1
£750,000
Our Summary
- PLANS FOR CONVERSION 16 SELF-CONTAINED FLATS OR DEMOLISH AND ERRECT BRAND-NEW BLOCK OF 27 APARTMENTS
- SUBJECT TO ALL PERMISSIONS-- PLANS DUE SHORTLY
Description
This is a rare investment opportunity to purchase a substantial freehold building located just off the Old Christchurch Road, close to the town centre. The property offers a unique chance to convert the building into 16 self-contained flats or demolish and redevelop into a brand-new block of 27 apartments, subject to obtaining necessary permissions. The property's versatility makes it suitable for various uses, including a nursing home, hotel, sheltered accommodation, office block, serviced offices, language school, medical centre, showroom, offices, headquarters, data centre, bars, restaurant, night club, student accommodation, classrooms, racket club, paintball centre, indoor market and shops, place of worship, nursery, gym, hostel, and healthcare facility. The property is being sold with a guide price of £800,000 for the main building and £75,000 per annum in rent, with terms to be agreed.