Land for sale in Stanley Street, Warrington, Cheshire WA1

Description

We are delighted to offer for sale a rare multi-unit freehold residential development site in the well regarded and fast growing North West town of Warrington.

Outline Planning has only recently been approved for an 8 no. Storey residential block, including a single ground floor commercial unit that could be suitable for retail purposes in this emerging well regarded residential area that is close to the Cultural Quarter.

The location is perfect for a potential student village development or for the private rented sector as at the top of the road is Bank Quay Railway Station, which can link directly with London Euston in less than 2 hours.

The corridor directly opposite that links Bridgefoot with Bank Quay Railway Station is earmarked for future residential development, this and the Chester University acquisition of nearby Mersey Bank House means the immediate vicinity is set for good things in the future.

Location
The property is situated between Stanley Street and Wilson Patten Street, next to the telephone exchange, within the Wilson Patten Street residential development corridor.

The property is situated a short walk from Warrington's retail core and all its amenities and adjacent to Mersey Bank House, which has recently been acquired by the University of Chester.

Accommodation Schedule
The approved scheme comprises a total of 39 residential apartments and a 112 m commercial unit to the ground floor. The 39 apartments are made up as follows:-

3 no. Three bedrooms apartments
11 no. Two bedroomed apartments
25 no. One bedroomed apartments

Services
We have assumed that all main services will be available for connection as appropriate.

Planning
Outline Application (Major) No. 2020/37959 has been approved for the proposed construction of an 8 storey building of up to 39 apartments. (3 three bed: 11 two bed and 25, one bed apartments); and circa 112 m commercial use (Use Class E) on the ground floor, with associated infrastructure and ground works (application includes matters of Access and Scale only - detailed layout, appearance and landscaping are reserved for subsequent approval.

Asking Price
£750,000.

Tenure
Freehold

VAT