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Land for sale
Development Site - 5 Granby Street, Loughborough LE11 3DU
£350,000
Development Site - 5 Granby Street, Loughborough LE11 3DU
£350,000
Our Summary
- Development site in Loughborough town centre - Guide Price £350,000PP for Retail Unit plus 9 Apartments over 4 floors - Total 570 Sq mSize - 240 sq mPrice - Offers in the region of £350,000 Business Rates - Vacant building plotLegal Fees - Each party to bear their own costsVAT To be confirmedEPC exempt - No building presentCar Parking - The building occupies the entire site and there is no additional parking
- The property benefits from outline planning permission for a 4 storey property consisting of a Retail unit and 1 bed apartment to the Ground Floor with 3 Apartments (2 x 2 bed and 1 x 1 bed) to the First Floor, 3 Apartments (2 x 2 bed and 1 x 1 bed) to the Second Floor and 2 Apartments (1 x 2 bed and 1 x 1 bed) to the Third Floor
- Outline Planning permission Granted 3rd April 2023
Description
This development site in Loughborough town centre offers a unique opportunity to purchase a retail unit and nine apartments over four floors. The property has a total size of 570 square meters, with the retail unit occupying the ground floor and the apartments spread across the remaining floors. The site benefits from outline planning permission for a four-story building, with plans and details available upon request. Located just 60 meters off the main pedestrianized town center, the property is situated in a popular market and university town with a population of around 60,000. The town has good road and rail links to surrounding areas, with the M1, M42, and M69/M6 motorways within a 20-mile radius. The property is being sold freehold with the benefit of the existing outline consent, and offers are invited in the region of £350,000.