Excellent Residential Development opportunity
High Street Leominster
Substantial First & Second Floor Premises
with planning permission
Conversion Of Five Flats
Details
This substantial block of first and second floor property occupies a prime location fronting the High Street in the busy North Herefordshire town of Leominster.
Leominster has a population of approximately 8,000 and lies 13 miles North from Hereford City. The town enjoys a vibrant mix of shopping and recreational activities and is of course surrounded by the lovely undulating Herefordshire countryside which is a terrific
draw to those attracted from outside of the county
The premises are located above a large and well-established ground floor Shoe Shop (Shoezone) with access via an alleyway linking High Street to the central car park behind.
There is a planning permission DCNC2007/2651/F dating back to October 2007 on which work has been started and confirmed by Herefordshire Council building control. The planning relates to the division of the existing first and second floors to form five flats.
Plans are available showing what is proposed although in brief there are two - one bedroom studio flats on the First floor and two - two bedroom flats and a further one bedroom on the second floor.
In the opinion of the agents this creates a tremendous opportunity for either those wishing to develop the flats for re-sale or of course for retention and subsequent letting by an investor.
As agents we are able to proffer advice on the saleability and/or rental values required by a purchaser to make an informed decision.
We would recommend an inspection of this substantial parcel of real estate to appreciate the opportunities it provides, and in further detail it currently comprises:
Please see associated plans for the proposed flats.
Side alleyway gives access into a lobby with stairs up to a first floor landing and further steps up to another landing with doors off t0.
Room 12' 8 x 10' 7 (3.86m x 3.23m) window to side.
Room 16' 3 x 14' 3 (4.95m x 4.34m) window to side.
Room 15' 4 x 18' 1 (4.67m x 5.51m) 2 windows overlooking High Street.
Room 14' 2 x 7' 9 (4.32m x 2.36m) window overlooking High Street.
Back down the landing
Room From the landing stairs rise up to the top floor.
Room 20' 9 x 15' 9 (6.32m x 4.80m) timbers, window.
Room 13' 4 x 13' 8 (4.06m x 4.17m) min. There is no window in this room.
Room 12' 2 x 11' 11 (3.71m x 3.63m) (no window).
A small staircase rises up
Room 11' 0 x 12' 11 (3.35m x 3.94m) window.
Room 14' 3 x 14' 0 (4.34m x 4.27m) window.
Room 22' 4 x 17' 11 (6.81m x 5.46m) 3 windows.
General Information
THE FREEHOLD: We are prepared to discuss purchase of the Ground Floor investment to any interested party wishing to acquire the whole building.
SERVICES: We understand that mains services are available but this must be verified by the purchaser.
FIXTURES & FITTINGS: Any fitted floor coverings will be included in the sale price.
TENURE: The property will be Leasehold
Nicholas Craddock Estate Agents endeavour to draft these sales particulars accurately and reliably taking reasonable steps to verify the information given. The vendor/s have also acknowledged these details as true and accurate. If, however, there are any points,
which are of particular importance to you, please contact our office/s and we will be pleased to confirm the position for you, particularly if you are travelling some distance to view the property.
property reference: NCRDA4085
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