Commercial Property - Development - DEVELOPMENT OPPORUTUNITY WITH PLANNING CONSENT

PLANNING PERMISSION GRANTED FOR 12 OCCUPANT HMO
SEPERATE APPLICATION SUBMITTED FOR 5 X 1 BED FLATS AND 1 X 2 BED
CHARACTER BUILDING
CLOSE PROXIMITY TO NORTHAMPTON TOWN CENTRE
WELL SERVICED LOCAL AREA
AVAILABLE TO PURCHASE WITH FULL VACANT POSSESSION AT AN ASKING PRICE OF £700,000 EXCLUSIVE
Location: 

Northampton is one of England’s fastest growing towns and is the strategic location for many national organisations as their central hub for business. Northampton has excellent rail and road communications, with hourly train services to London and road links to the M1 at Junctions 15, 15a & 16 and additionally to the A14 in the North.

The property is located approximately 0.5 miles North of Northampton Town Centre and 4.8 miles North of junctions 15 of the M1 motorway. The Kettering Road (A508) is the major arterial road linking Northampton and Kettering.

Description: 

The subject property comprises a substantial period town house and is arranged over, lower ground, ground and three upper floors. There is a double storey garage towards the rear of the property with a garden at the front leading to the main entrance.

The existing building measures approximately 4,000 sqft.

There is planning to convert the property into a 12 occupant HMO. Planning permission was granted on 20th December 2021 for the conversion of the property into a 12 occupant HMO. There is scope for further development / alternative uses subject to the necessary planning applications. Further information is available on West Northamptonshire Council’s website under reference: WNN/2021/0867

A planning application has recently been submitted for the conversion of the existing building into 6 residential apartments, comprises 5 x 1 bedroom flats and 1 x 2 bedroom flats.

Accommodation: 

 

 

Rates: 
Rateable Value: £18,750
Rates Payable 2013/14: £8,831

(Excludes Small Business Rates Relief which may apply)
The Rates Payable figure is an estimate. It does not take into account any Transitional Arrangements. It is important that interested parties verify this information with the relevant Borough Council Rating Department.

Terms: 

AVAILABLE TO PURCHASE WITH FULL VACANT POSSESSION AT AN ASKING PRICE OF £700,000 EXCLUSIVE

VAT: 

All figures quoted are exclusive of any VAT that the vendor may have a duty or choose to impose.

Viewing: 

Strictly by appointment through the Joint Sole Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657 or Robert Irving Burns: 020 7927 6331

Sub Location: 
LANGHAM PLACE