Property description

A substantial freehold building, located within the popular \‘Prime Ministers\‘ area of Bedford with approved consent to convert into four separate one bedroom flats.

Tenure:
Freehold

Description:
Located on the corner of Stanley Street and Gladstone Street this sizeable freehold late Victorian/Edwardian building is currently a vacant shop on the ground floor and on the first floor a large (let) apartment. Approval has been obtained under the Permitted Development regulations to convert the whole property into four self contained one bedroom flats with each of the ground floor flats to have their own front doors.

Rental Income:
The existing first floor flat is let until 15th March 2017 under an Assured Shorthold Tenancy agreement generating £600 PCM.

Ground Floor Approval:
Application No: 16/00888/CPNM Written notice indicates that the proposed development does not require prior approval from the Local Planning Authority and may proceed in accordance with the requirements of Paragraph W of Part 3 of Schedule 2 to the Town and Country Planning (General Permitted Development) (England) Order 2015. It is a requirement of Section 12 of Paragraph W of Part 3 of the above Order that the development shall be carried out in accordance with the details provided in the application. Date Issued: 31 May 2016

First Floor Approval:
Application No: 16/01751/LDP Provision of one additional flat at first floor level On the basis of the information submitted and confirmation from the applicant\‘s agent that the subdivision of the first floor work would take place prior to any conversion works of the ground floor A1 shop, the development is permitted by Schedule 2, Part 3, Class G of the Town and Country Planning (General Permitted Development) Order 2015 (as amended). The proposal therefore does not require the submission of a planning application. Date Determined by Certificate of lawfulness 4 August 2016

Community Infrastructure Levy (CIL)
A CIL may be payable.

Open House Viewings:
Thu 9 Feb: 13:45 - 14:15
Sat 11 Feb: 11:00 - 11:30
Wed 15 Feb: 13:45 - 14:15

Energy Efficiency Rating (EPC):
Current Rating C & D

Services:
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority:
Bedford Borough Council - 01234 267422

Solicitors:
HCB Park Woodfine LLP, 1 Lurke Street, Bedford MK40 3TN, Ref: Michael Wills - michaelwills@hcbgroup.com, Tel: 01234 321904

Auction Date: 23-02-17
Lot No: 04

Freehold