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This property is no longer on the market


This property is no longer on the market




Property description

An exciting opportunity to purchase a potential development site situated in City Road, St Pauls within close proximity to Stokes Croft/Cheltenham Road. The site is currently occupied by a large double fronted ground floor shop (approx. 1,930sqft) with additional first floor (490sqft). We would suggest that the property offers potential for residential development to provide an extension to the first floor and additional storeys above, all subject to obtaining the necessary planning consents. Offers are invited on an unconditional and subject to planning basis.

Description - A mid-terraced double fronted shop with first floor auxiliary space offering potential for redevelopment. We would suggest there is potential for two additional storeys (to match the neighbouring property) and potential to extend at the rear.

Location - The property is situated on City Road opposite Hamilton House within close proximity to Cheltenham Road and the city centre. Cabot Circus and Broadmead shopping centres are within easy reach and the surrounding area has undergone significant redevelopment in recent years.

Development Potential - We consider that the site offers significant potential for redevelopment and a scheme of circa 7 apartments may be achievable, subject to obtaining the necessary planning consents. On the basis that a scheme of this size can be implemented, we would anticipate a Gross Development Value in the region of £1,475,000. However, the property does not currently benefit from any planning consent and redevelopment of the site would be subject to a full planning application.

Floor Plan - The existing floor plan is provided for indicative purposes only.

Tenure - The property is offered for sale on a freehold basis.

Please note, the lower ground floor and rear yard is not included in the sale and will be retained by our client.

Method Of Sale - Offers are invited both unconditionally and on a subject to planning basis.

Energy Performance Certificate - Rating: TBC

Vat - All figures quoted are exclusive of VAT unless otherwise stated.

Viewing - Strictly by appointment with Maggs & Allen.

Control Of Asbestos - As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.

Maggs & Allen use all reasonable endeavors to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.
It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens.
Any site and floor plans provided are for indicative purposes only and should not be relied upon.

Property information from this agent

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Nearby services within a 3 mile radius

Food stores

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Floor plans

Call 0117 295 6935


Property reference 27399610. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Maggs & Allen - Clifton. Please contact the selling agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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