Land for sale

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Land for sale

Woolmonger Street, Northampton, NN1
£500,000

Our Summary

  • UNIQUE TOWN CENTRE DEVELOPMENT PROJECT OF MIXED USE FOR 14 APARTMENTS AND COMMERICAL UNIT ON GROUND AND LOWER GROUND FLOOR- Full planning consent for demolition of existing building and erection of a new building with 14 apartments and Class D1 (non-residential institution) on the ground floors
  • - Contemporary design- Planning instigated with some conditions discharged- Attractive rental potential once completed- Town centre location- Possible alternative configurations subject to consent- Walking distance to train station- Approximately 6,400 sq feet buildPLANNINGFull planning consent was obtained on 13th June 2005 under reference number N/2005/698 for the demolition of the existing building and the erection of a new building with fourteen apartments and Class D1 (non-residential) institution on the ground and lower ground floors
  • A copy of the full planning consent is available from the agents with Conditions 2, 5, 6 and 11 having been discharged with evidence providedThe latest planning permission is N/2019/0345 and both planning permissions are live and valid indefinitely with no time restrictions
  • Subject to a change of use, there is a scheme available for creation of 30 self-contained studios enhancing the potential GDVPROPERTY INFORMATIONServices: Mains gas, electricity and water are available on site, however, purchasers must make themselves aware of their location

Description

This unique town centre development project features a mixed-use design with 14 apartments and a commercial unit on the ground and lower ground floors. With full planning consent obtained in 2005 and a more recent planning permission in 2019, the project offers flexibility in terms of design and layout. The contemporary design and attractive rental potential make it an attractive investment opportunity. Located in the heart of the town centre, the property is within walking distance to the train station and offers approximately 6,400 sq feet of build space. The project can be built with or without the lower ground floor, and with or without cladding, providing a range of possibilities for developers. With a schedule of values and rental figures available, this project presents a great opportunity for those looking to invest in a unique and desirable location.
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