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Residential development for sale
2 Marine Street, Cwm, Ebbw Vale, NP23 7ST
£70,000
2 Marine Street, Cwm, Ebbw Vale, NP23 7ST
£70,000
Our Summary
- FOR SALE BY AUCTION - -Lot 12 - Commercial Development OpportunityONLINE AUCTION from 10th DECEMBER-12th DECEMBERA former sports club located in Ebbw Vale in a prominent position on the intersection of Marine Street and River Road
- The property did benefit from full residential planning and drawings for the development for six self-contained apartments, but has now lapsed
- Further information can be found via Blaenau Gwent Council planning reference C/2018/0115The building is briefly comprised of three floors with the ground and first floor being open space, and the second floor, a converted attic space with a number of rooms
Description
This former sports club in Ebbw Vale is a commercial development opportunity available for auction online from December 10th to 12th. The property is situated at the intersection of Marine Street and River Road, making it easily accessible by public transport, with a train station just 1.5 miles away and multiple bus routes nearby. The building, comprising three floors, has previously had full residential planning permission for six self-contained apartments, although this has since lapsed. The ground and first floors are open spaces, while the second floor is a converted attic space with several rooms. With the possibility of government grants and loans available for redevelopment, this property presents a unique opportunity for investors or developers to transform it into a thriving commercial venture.