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Plot for sale
High Street, Ibstock LE67
£140,000
High Street, Ibstock LE67
£140,000
Our Summary
- Outline planning permission granted for the erection of a large detached property
- Potential to increase to multiple dwellings or alternative uses may be suitable subject to planning
- Planning reference number 23/00503/ful
Description
The property is currently a block of 13 individual garage/storage units, which have been let out and generate an annual yield of over £15,000. However, planning permission has been granted to erect a large detached property with over 2250ft2 of living space. The current approval is for a single dwelling, but there may be potential to increase the number of dwellings or explore alternative uses, subject to further planning. It's worth noting that the title plan has been updated to reflect the removal of a green area, which was previously part of the property known as 122 High Street, and a pedestrian right of way has been identified over the land being sold in favor of the neighboring property.