Land for sale in All Saints Green, Norwich, Norfolk NR1

Ivory House was renovated and converted into 7 apartments approximately 20 years ago. However, the building is now in need of remedial works with elements of the interior and exterior needing updating or total refurbishment.

Whilst the property has been altered to adjust to its needs over the decades, the property boasts a wealth of period features including a turned staircase, open fireplaces, timber panelling to rooms and wooden floors. As a result of these, the property has a Grade II listing.

Conversion information
In January 2011 planning permission was granted for the conversion of the existing building to provide a further five flats, resulting in a permission for a total of 12 apartments within the original building.

Planning consent was also granted for the erection of an adjoining building to provide a new extension to facilitate the provision of a further 8 apartments equating to a total of 20 apartments being possible. However, this planning consent has now lapsed and therefore the land identified for the extension is no longer attributed to the property. Resubmission of the planning permission would bring the building into Nutrient Neutrality and therefore increasing the units from 7 to 12 would now require credits.

Location
Located in central Norwich giving access to an array of conveniences with retail, leisure, dining, and historical qualities on the doorstep. Norwich has many green spaces for wellbeing and cultural places of interest including Norwich cathedral, Norwich Castle and the Theatre Royal. Norwich famous market also offers an award winning place to explore local and independent stallholders.

Transport
All Saints Green sits in front of Norwich bus station and the city centre.
• Norwich Train station under 1 mile
• University of East Anglia 2.2 miles.
• Norwich University of the East Anglia under 1 miles
• Norwich Hospital 3.7 miles
• Norwich Airport 4 miles
• A11/Newmarket Road under 1 mile

*All distances are subject measurement and are estimated.

Method of Sale/Proposal
The property is for sale by Informal Tender. The seller is inviting unconditional offers in region of £1,300,000. The sale is subject to contract and exclusive of VAT.

Tenure & Possession
The property is to be sold by way of 7 individual leasehold titles via a simultaneous transaction. Three of the units are currently tenanted and producing a rental income, further information available on request.

Copy of the leases and current rental/estimated rental returns are available on request.

Viewings
Viewing is by appointment only. Interested parties should make contact with the selling agents to arranging to visit the site. Parties should take due care for their own personal safety when inspecting the site.

VAT

The site is elected for tax and VAT will be charged on the purchase price.

Fixtures & Fittings
Any fixtures, fittings or equipment shown are not necessarily included in the sale.

Energy Rating
Property exempt.

Agents Notes: All measurements are subject to professional measurement. Selected images are for representative purposes and are of Norwich City. Floorplans for apartment 1 and 4 to follow.