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Our Summary
- Ideal Investment Opportunity
- Potential for more than 70,000 sq ft development using airspace
- are delighted to present this ideal development opportunity
- Address: Floors 2-6, Ramsden House, New Street, Huddersfield, HD1 2TW Property Type: Office block, Investment, Development opportunity to 45 Residential or Student accommodation
- Ramsden House has planning consent to convert the office block into 45 residential studios
- Planning consent was granted on 22nd January 2021 under reference 2019/62/92983/W
- Ft footprint providing additional air space for development stp
- *Redevelopment Opportunity* Ramsden House, with planning consent for 45 residential studios, offers a significant redevelopment opportunity
- *Currently a multi-let as an office block producing a net rental income of £53,500 with an erv of £80,000 *Prime Freehold investment/development opportunity for a Residential or Student Conversion scheme* *Investment Summary* - Highly visible location, situated in the heart of Huddersfield Town Centre
- - Substantial potential for transforming offices into high-quality student accommodation or a residential scheme under permitted development subject to planning
- - Planning consent was granted for the conversion of office space into 45 studio accommodation units (excluding conversion costs)
- Ft foot print providing additional air space for development stp - Potential for a further 70,000 sq
- Ft + scheme matching the existing height of the current office block using the airspace stp, thereof providing a total of 84,043 sq
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Description
Here is a summarized version of the property description in a single paragraph:
Albert & Co. presents a unique development opportunity in Huddersfield's town center. Ramsden House, a five-story office block, has planning consent to convert the space into 45 residential studios, with an alternative option for an apartment hotel or mixed-use development. The property is not listed and is not located in a conservation area, providing flexibility for redevelopment. With a total size of 14,043 sq. ft, the building offers a significant redevelopment opportunity. The property is currently multi-let as an office block, producing a net rental income of £53,500, and has a freehold tenure. The location is highly visible, situated in the heart of Huddersfield Town Centre, with excellent transport links and proximity to the University of Huddersfield campus.