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High Street, Biggleswade, SG18 Land for sale
High Street, Biggleswade, SG18
£600,000
High Street, Biggleswade, SG18
£600,000
Our Summary
- The land to the rear has existing planning permission to build three apartments, two of two bedrooms and one, of one bedroom
- The land is being sold subject to planning permission by way of an 18 month option agreement
- The purchaser will be required to pay a non-refundable fee of £5,000, payable upon exchange of contracts and the purchaser would be committed to submitting a planning application within 8 months of exchange of contracts and pay the sellers reasonable legal costs
- The owners reserve the right to accept an offer during this process and would consider unconditional offers that reflect the land being purchased without planning permission
Description
For sale in central Biggleswade is the old Nat West Bank building and adjacent land, which has existing planning permission to build three apartments. The ground floor of the bank could be converted into four one-bedroom apartments, generating a potential gross development value of £1.5 million. The land is being sold subject to planning permission, with a non-refundable fee of £5,000 payable upon exchange of contracts. The buyer would need to submit a planning application within 8 months of exchange and pay the seller's reasonable legal costs. The owners are open to considering unconditional offers that reflect the land being purchased without planning permission.