Block of apartments for sale
Key information
Property description & features
- FOR SALE BY AUCTION UNLESS SOLD PRIOR
- Formerly a TJ Hughes store
- Connect UK Auctions are advised of G.D.V. Circa £8,000,000 to £9,000,000
- Planning approved for 40 residential apartments, x 4 ground floor retail units, and x 10 parking spaces
- Business Rates Removed
- Tremendous Coastal Views
- Services: Mains Gas, Electricity, Water and Drainage
- Excellent Location
- Freehold
- Ideal for Investors
A freehold development site. Formerly a TJ Hughes store. Full planning permission has already been approved for the development of x 40 residential apartments, x 4 ground floor retail units, and x 10 parking spaces (Planning reference: 23/P/0985/FUL).
ACCOMMODATION:
Full planning permission approved (Planning reference: 23/P/0985/FUL) for the development of:
40 residential apartments
4 ground floor retail units
10 parking spaces
Connect UK Auctions are advised of G.D.V. Circa £8,000,000 to £9,000,000
LOCATION:
Weston-super-Mare, located on the southwest coast of England, is a charming seaside town renowned for its expansive sandy beach and Victorian-era pier. Nestled within the county of Somerset, it offers a quintessential British seaside experience with traditional seaside attractions such as amusement arcades, ice cream parlours, and donkey rides along the shore. The town boasts a rich history, evident in its elegant architecture, including the iconic Grand Pier which offers panoramic views of the Bristol Channel. Visitors can explore the picturesque Marine Lake, stroll along the promenade lined with colourful beach huts, or enjoy the vibrant atmosphere of the town centre with its array of shops, cafes, and restaurants. With its blend of natural beauty, heritage, and seaside charm, Weston-super-Mare remains a beloved destination for locals and tourists alike.
VIEWING:
By appointment only.
TENURE:
Freehold.
AUCTION DATE:
Connect Realtime® Bidding commences at 12pm with closing bids at 1pm, Wednesday 15th May 2024.
The Lot is for sale via Traditional Auction. This is a timed auction, which requires both parties to complete the transaction within the completion date as per the auction legal pack. The buyer, is required to register, with Connect UK Auctions, in order to participate and will be required to go through, identification verification process. The auction Legal Pack, is available by request. You are required to complete your own due diligence prior to bidding. The Lot is subject to an undisclosed Reserve Price. The Reserve Price and Starting Bid being subject to change.
UNCONDITIONAL LOT:
Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 10% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).
Places of interest
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*DISCLAIMER
Property reference CCM-1662508. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Connect UK Auctions - Crawley.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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