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Lurke Street, Bedford, Bedfordshire... 26 bed property with land for sale
Lurke Street, Bedford, Bedfordshire , MK40
£1,850,000
Lurke Street, Bedford, Bedfordshire , MK40
£1,850,000
Our Summary
- The existing building has a permitted development consent for conversion to twenty-six flats
- There was a previous approval for conversion to 23 larger 1&2 bed flats under reference 20/02124/CPNO dated 11th November 2020 (now expired), this could be renewed, further details available
- The building may have potential to create further accommodation by adding a further storey (STPP)
- Any additional accommodation created will be subject to an uplift clause on an agreed pro rata basis
Description
This is a development site comprising a four-storey office building in Bedford town centre, with a permitted development consent to convert it into 26 flats. The building has lift access and will have 7 parking spaces, with additional parking available at the nearby Lurke Street multi-storey car park. The property is located near the railway station, providing regular services to London, and is within walking distance of private schools. The development is CIL liable, but the existing floor area can be offset against the charge. The building has potential to create further accommodation by adding an additional storey, subject to an uplift clause. The property is being sold freehold with vacant possession, subject to termination of existing leases, and has a guide price of over £1,850,000.