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EXCELLENT OPPORTUNITY TO DEVELOP - PLANNING PERMISSION FOR 9 FLATS

Tunstall, Stoke-on-Trent, United Kingdom

For sale

£400000

Property Description

Estate Culture Ltd & MAISON Estate Ltd ****ATTENTION DEVELOPERS - NEW TO MARKET****



A Grande historic Building dating back to early 1900's on the main High Street of Tunstall and it's Town Hall boasting exceptional amenities including public transport links. A truly attractive construction with eye-catching Architecture and expansive space once serving as a Bank. Set over 3 floors including the ground floor it also sports a Basement.


MAISON Estates and Estate Culture Ltd offer this exciting opportunity with PLANNING PERMISSION (Granted 27/4/23) to create 9 ONE BEDROOM SELF CONTAINED FLATS (Use Class C3) or explore great potential to convert to Multi-Purpose Residential and Commercial space subject to relevant planning permission(s). The local Area is already Home to retailers and a residential community.


KEY FEATURES:


- FREEHOLD, not grade 2 listed.


- 552 sq.meters / 5941 sq.feet.


- 3 floors including Basement and a Grande entrance to ground floor.


- Feature central staircase.


- Outdoor space to rear aspect.


- Planning Application No: 68645/FUL.


- EPC rating D.


POTENTIAL RENTAL INCOME based on 9 flats:


- £650 - £700 pcm per unit equating to circa £75600 per annum.


POTENTIAL SALE APPRAISAL per flat:


- £70k to £75k per unit.


(Forecasted rentals and valuations are subject to change dependent on market conditions at time of availability).


FOR FURTHER INFORMATION:


Contact Sanjay Panchal or Ben Herbert.


Buyers are recommended to undertake a survey and check catchment areas for schooling. Whilst every care has been taken to prepare these sales particulars, they are for guidance purposes only. All measurements are approximate and whilst care has been taken to ensure their accuracy, they should not be relied upon and potential buyers are advised to recheck them.


Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise, nor that any services, appliances, equipment or facilities are in good working order.


The photographs depict certain parts of the property. Buyers should not assume that any contents are included in the sale and that the property remains in the condition as photographed.


MONEY LAUNDERING REGULATIONS 2003


Potential buyers will be asked to supply formal identification once an 'offer to purchase' has been agreed.


Property Details

Property Type

Investment property

Bedrooms

Bathrooms

Available 

Investment property

Contact Agent

David

07493539405

Property Location

Full Address

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