Land for sale in 41 High Street & Russel Mews, Chipping Sodbury BS37

The property is located in the town of Chipping Sodbury, South Gloucestershire. Chipping Sodbury is an affluent town approximately 16 north east of Bristol and 15 miles north of Bath. Transport links are good with access to Junction 18 M4 within 5 miles. Rail connections to London Paddington and Bristol Temple Meads are available at Yate approximately 1.5 miles distant. The property is terraced with frontage to Chipping Sodbury's attractive High Street (B4060). The retail offer is largely made of quality local independent shops, including delis, butchers, pharmacy, cafes and restaurants.

The property is offered for sale freehold in two lots. Lot 1 comprises offices / studio space and former stabling, with the benefit of planning consent under ref P23/00220/F for the 'Erection of infill extension to facilitate change of use of buildings to 8no. Dwellings as defined in the Town and Country Planning (Use Classes) Order 1987 (as amended) with associated landscaping and works'. The units comprise 3No. 1 bed flats, 4No. 1 bed duplexes and 1No. 2 bed duplex with the plans showing 2 car parking spaces included. Lot 2 comprises a ground floor retail bar / restaurant unit

The property is not Listed but is within Chipping Sodbury Conservation Area.

The freehold interest is offered for sale by private treaty as a whole or in two lots. Consideration will also be given to leasing the ground floor unit.

Lot 1 - £625,000
Lot 2 - £395,000

Consideration will be given to leasing 41 The High Street on the basis of a new lease, terms to be agreed, at a rent of £30,000 per annum. It is considered that this unit could provide for a range of alternative uses / development subject to the necessary statutory consents.

All figures are stated exclusive of VAT which is applicable at the prevailing rate.

Residential Development Opportuity / Retail Unit

pp for 8 Residential Units

Additional Vacant Retail Unit (May Let Separately)

Attractive Commuter Town

Good access to public transport