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Plot for sale
Development Site | Melksham
£695,000
Development Site | Melksham
£695,000
Our Summary
- Hollis Morgan - APRIL LIVE ONLINE AUCTION – A Freehold DEVELOPMENT SITE ( 0
- 32 Acre ) with PLANNING GRANTED for 2 schemes | 9 x HOUSES or 17 x FLATSFor Sale By Live Online Auction - ADDRESS | Development Site @ 3 Lowbourne, Melksham, Wiltshire SN12 7DZ Lot Number 52The Live Online Auction is on Wednesday 23rd April 2025 @ 17:30Registration Deadline is on Monday 21st April 2025 @ 16:00The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can chose to bid by telephone, proxy or via your computer
- Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID”The Site | 0
- Tenure - FreeholdUtilities, Rights & Restrictions - Please refer to the Legal Pack Flood Risk - Please refer to the Legal PackThe Opportunity - The site has the benefit of planning permissions granted for two schemes
- There is no affordable housing contribution regarding both schemes ALTERNATIVE SCHEMEGiven the town centre location and having its own pedestrian access from Bank Street the site offers scope for a wide range of potential commercial uses subject to consents
- APRIL LIVE ONLINE AUCTION
- FOR SALE BY ONLINE AUCTION
- PLANNING GRANTED FOR 2 SCHEMES
Description
This is a freehold development site in Melksham, Wiltshire, with a total area of 0.32 acres. The site was formerly the Melksham Labour Club, but it has been demolished and cleared, offering a blank canvas for development. Planning permission has been granted for two schemes: nine three-bedroom houses or 17 two-bedroom flats. The houses would have a GDV of approximately £320,000 each, totaling £2.88 million, while the flats would have a GDV of approximately £160,000 each, totaling £2.72 million. The site also has potential for alternative commercial uses, subject to consents. Melksham is a sought-after town with a range of amenities, including shops, leisure facilities, schools, and transportation links to major cities like Bath, Bristol, and London.