Flat for sale in The Royal George, The Coneries, Loughborough LE11
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- Rare development opportunity
- Planning for 40 apartments with ground floor commercial unit and parking
- Zero 106 and no affordable or social housing
- Fantastic location, minutes from town and train station
- Gross development value circa £5M
- High yield development, circa £35,000 monthly income once developed and fully let
- Planning permission ref P/17/0647/2
- Demolition permission ref P/17/0361/2
Rare residential opportunity for 40 apartments, 10 two beds and 30 one beds. There is permission for a ground floor retail unit (A1, A2 & A3) and parking for 15 cars. There is also access from both sides of the building with secured cycle storage along with a service yard off Cradock Street. Fantastic location minutes from the town centre, Cineworld complex and Loughborough train station. It is also conveniently located for Loughborough university and within the towns key regeneration zone. The site is situated on the South-west side of Nottingham Road at its junction with Cradock Street and The Coneries in an area of mixed commercial and residential uses.The following scheme comes with detailed planning consent for a most striking six storey apartment block see planning reference for full details P/17/0647/2. This is a very unique development opportunity. Further benefits include £Zero Section 106 and no cil Contributions. A full developer pack is also available on request including the following information.-Approved 3D imaging, acoustic assessment report, ground test report, planning permission for the demolition of the current building and all party wall agreements will be agreed in preparation for the buyer. Loughborough is a thriving university town and has a high demand for quality accommodation.With close proximity to Loughborough train station, within 500 yards of town centre, good access to Loughborough University, and offering excellent communications to industry centres within the East Midlands Region.For further information contact Marco on Property Misdescriptions Act 1991 - all statements contained within this brochure have been provided in good faith and are understood to be accurate although cannot be guaranteed as we rely on information provided by others. Potential purchasers should satisfy themselves as to the validity of the information contained either by inspection or through their solicitors prior to any exchange of contracts to purchase.
East Midlands Airport
Birmingham International Airport
West Lynn Ferry Landing
King's Lynn Ferry Landing
Hull Ferry Terminal
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Cobden Primary School & Community Centre
Rendell Primary School
Fairfield Preparatory School
RNIB College Loughborough
Hind Leys Community College
ASPIRE: Lifeskills Learning Centre
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Local info for Charnwood
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Nicholas Bonfield Ltd, and do not constitute property particulars. Please contact Nicholas Bonfield Ltd 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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