No longer on the market
This property is no longer on the market
MapResidential development
Auction
Sold STC
Residential development
30 beds
Features and description
- Residential / commercial development
- Guide price: £875,000 £900,000
Video tours
Sold prior to auction, for an undisclosed amount For Sale by Public Auction on14/06/2023
Location:
The property location is a hub between the ever expanding main market and bustling town centre street markets, off the inner ring road and in a conservation area.
Description:
A large part 3 storey and part 2 storey former public house and hotel totalling approximately 19,754 sqft on a site area of 0.21 acres
(852 sqm). Six parking spaces may be available in the adjoining car park by separate negotiation. There is potential for 2 on site car parking spaces within the curtilage of the property. Planning permission is imminent for 2 retail/leisure units and 30 residential units subject to 106 Agreement.
Accommodation:
Basement:
1,358 sqft (126 sqm)
Ground Floor:
6,026 sqft (560 sqm)
First Floor:
6,026 sqft (560 sqm)
Second Floor:
3,492 sqft (324 sqm)
Third Floor:
2,852 sqft (265 sqm)
Total GIA: 19,754 sqft (1,837 sqm) approx.
Outside:
Side access, rear yard, 2 onsite car parking spaces and 6 parking spaces may be available in the adjoining car park by separate negotiation.
Planning
Planning has been granted for 2 retail/leisure units, 30 apartments, subject to part demolition and extensions to front and rear and signing-off the Section 106 Agreement.
Planning Application No. 21/00710/FUL.
Current 106 agreement contribution approximately £15,000 for NHS, libraries and waste.
106 requirement for 3 affordable units with commutable payment to local council in lieu of Housing Association / Council occupants.
Scope for additional loft style apartments STP.
Local Authority: Melton Borough[use Contact Agent Button].
Note
We have been advised that there is the option to purchase the car park at the side and rear by separate negotiation.
Tenure
Freehold.
Energy Performance Certificate:
Rating 124, Band E.
Proposed Accommodation:
Retail Unit 1:
1,259 sqft (117 sqm) approx.
Retail Unit 2:
1,826 sqft (173 sqm) approx.
Duplex Apartment x 3:
Average GIA: 517 sqft (48 sqm)
Studio Apartment x 7:
Average GIA: 409 sqft (38 sqm)
1 Bedroom Apartment x 20:
Average GIA: 517 sqft (48 sqm)
Roof Terrace - amenity space
Solicitors
Actons Solicitors, 4-8 Regent Street, Nottingham NG1 5BQ
[use Contact Agent Button] ~ Ref: C Pearson
Location:
The property location is a hub between the ever expanding main market and bustling town centre street markets, off the inner ring road and in a conservation area.
Description:
A large part 3 storey and part 2 storey former public house and hotel totalling approximately 19,754 sqft on a site area of 0.21 acres
(852 sqm). Six parking spaces may be available in the adjoining car park by separate negotiation. There is potential for 2 on site car parking spaces within the curtilage of the property. Planning permission is imminent for 2 retail/leisure units and 30 residential units subject to 106 Agreement.
Accommodation:
Basement:
1,358 sqft (126 sqm)
Ground Floor:
6,026 sqft (560 sqm)
First Floor:
6,026 sqft (560 sqm)
Second Floor:
3,492 sqft (324 sqm)
Third Floor:
2,852 sqft (265 sqm)
Total GIA: 19,754 sqft (1,837 sqm) approx.
Outside:
Side access, rear yard, 2 onsite car parking spaces and 6 parking spaces may be available in the adjoining car park by separate negotiation.
Planning
Planning has been granted for 2 retail/leisure units, 30 apartments, subject to part demolition and extensions to front and rear and signing-off the Section 106 Agreement.
Planning Application No. 21/00710/FUL.
Current 106 agreement contribution approximately £15,000 for NHS, libraries and waste.
106 requirement for 3 affordable units with commutable payment to local council in lieu of Housing Association / Council occupants.
Scope for additional loft style apartments STP.
Local Authority: Melton Borough[use Contact Agent Button].
Note
We have been advised that there is the option to purchase the car park at the side and rear by separate negotiation.
Tenure
Freehold.
Energy Performance Certificate:
Rating 124, Band E.
Proposed Accommodation:
Retail Unit 1:
1,259 sqft (117 sqm) approx.
Retail Unit 2:
1,826 sqft (173 sqm) approx.
Duplex Apartment x 3:
Average GIA: 517 sqft (48 sqm)
Studio Apartment x 7:
Average GIA: 409 sqft (38 sqm)
1 Bedroom Apartment x 20:
Average GIA: 517 sqft (48 sqm)
Roof Terrace - amenity space
Solicitors
Actons Solicitors, 4-8 Regent Street, Nottingham NG1 5BQ
[use Contact Agent Button] ~ Ref: C Pearson
About this agent
Kal Sangra Shonki Brothers - Auction House
85 Granby Street
Leicester, Leicestershire
LE1 6FB
0116 484 9720Established in 1966, Shonki Brothers, were the first Asian Estate Agents in England. “Customer First” is and will always be our ethos, with this in mind our service is delivered with a fresh and enthusiastic approach by an experienced and friendly team which is second to none.