Property for sale in Coventry Road, Market Harborough LE16

Guide price £485,000
Property for sale
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Property features

  • Full planning permission for 5 individual apartments
  • 999 year lease
  • Former industrial building, concrete floors
  • Recently used as a nightclub
  • Two parking spaces
  • Town Centre Location

Property description

An exciting development opportunity in the heart of this popular market town

Market Harborough is a thriving market town with an outstanding range of amenities and facilities, including several supermarkets, a really good selection of more individual shops and traders, a theatre, indoor market, and a huge range of really good pubs, bars and restaurants.
It is also a popular commuter town with regular train services to London, St Pancras in an hour and road access to the east and west on the A14 and north and south on the M1, at Lutterworth.
The are some good primary schools in the town, and secondary schooling at Robert Smyth Academy, and Welland Park Academy.

There are also some renowned private schools in the area including Maidwell Hall and Spratton Hall, while Uppingham, Rugby, Oundle and Oakham are all easily reached.

18 Coventry Road is a highly individual building with a rich history as a social hub in the town, and was originally commissioned by the Industrial Co-operative society in 1899, as a series of function rooms on the upper floors with a butcher's shop at street level. Since then it has played host to a range of different businesses as Market Harborough developed and was more recently home to Enigma nightclub.

The ground floor is still occupied by a popular bar/restaurant which will continue to trade, and is not affected by the sale.

Entrance to the site is by a separate ground floor doorway onto Coventry Road, with a lobby and staircase leading to the first floor.

Planning consent was granted on 3rd August 2017 for the conversion of the first and second floors into four two bedroom apartments. (Planning ref 17/00610/ful) and on 1st February 2018 for 1 additional apartment (Planning ref: 17/02097/ful)

The plans are attached.

Leasehold 999 years
Ground Rent
Service Charge T.B.C.

Mains water, gas, and electricity are connected to the property.

By strict appointment through selling agents,

Fisher German LLP
40 High Street
Market Harborough
LE16 7NX

Property info

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Fisher German Market Harborough, LE16 on +44 1858 513882 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Fisher German Market Harborough, and do not constitute property particulars. Please contact Fisher German Market Harborough for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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