New Street, Huddersfield HD1 Mixed use for sale

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New Street, Huddersfield HD1 Mixed use for sale

New Street, Huddersfield HD1
£895,000

Our Summary

  • are delighted to present this ideal development opportunity
  • Property Type: Office block, Investment, Development opportunity to 45 Residential or Student accommodation
  • Ramsden House has planning consent to convert the office block into 45 residential studios
  • Planning consent was granted on 22nd January 2021 under reference 2019/62/92983/W
  • Ft footprint providing additional air space for development stp
  • *Redevelopment Opportunity*
  • Ramsden House, with planning consent for 45 residential studios, offers a significant redevelopment opportunity
  • *Prime Freehold investment/development opportunity for a Residential or Student Conversion scheme*
  • - Substantial potential for transforming offices into high-quality student accommodation or a residential scheme under permitted development subject to planning
  • - Planning consent was granted for the conversion of office space into 45 studio accommodation units (excluding conversion costs)
  • Ft foot print providing additional air space for development stp
  • - Potential for a further 70,000 sq
  • Ft + scheme matching the existing height of the current office block using the airspace stp, thereof providing a total of 84,043 sq
  • Ideal Investment Opportunity
  • Potential for more than 70,000 sq ft development using airspace

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summarized version of the property description in a single paragraph: Albert & Co. presents a unique development opportunity in Huddersfield's town center. Ramsden House, a five-story office block, has planning consent to convert the space into 45 residential studios, with an alternative option for an apartment hotel or mixed-use development. The property is not listed and is not located in a conservation area, providing flexibility for redevelopment. With a total size of 14,043 sq. ft, the building offers a significant redevelopment opportunity. The property is currently multi-let as an office block, producing a net rental income of £53,500, and has a freehold tenure. The location is highly visible, situated in the heart of Huddersfield Town Centre, with excellent transport links and proximity to the University of Huddersfield campus.