Property description

An excellent development opportunity incorporating a plot CIRCA. 0.4 ACRES with PLANNING CONSENT for the demolition of the existing public house and ERECTION of 20 APARTMENTS with associated parking and landscaping (Planning REF: DC/16/59487 Sandwell Metropolitan Borough Council). Located in a popular residential location within Cradley Heath. EPC Rating: D(67)

Location
The property is located within the town of Cradley Heath, West Midlands and situated on the corner of Valley Road and Coppice Road, off Barrs Road. The location is predominately residential, adjacent to a parade of shops within walking distance.

Description
The existing premises consists of a detached two storey public house. Internally the property has not been inspected, however it is the agents understanding in referring to the Energy Performance Certificate the total useful floor area for the building is circa. 231 sq m.The total site area is approximately 0.4 acres (approximately 1,619sq metres).The building is situated in a central position on the site. To the easterly side via a drop kerb off Valley Road is a tarmac car park with approximately 10 parking spaces. To the southerly side via a drop kerb off Coppice Road is a tarmac car park with approximately 15 spaces. Westerly is two enclosed garden areas.

Planning
Planning consent was granted on 29th September 2016 under Reference DC/16/59487 for the demolition of the existing public house and erection of 17 No. 1 bed and 3 No. 2 bed residential apartments with associated parking and landscaping works.All documentation associated with the planning consent can be found on Sandwell Metropolitan Borough Council\‘s planning website www.sandwell.gov.uk - click on \‘View Planning Applications\‘ and enter in search area \‘DC/16/59487\‘.It is the responsibility off the purchaser to satisfy themselves that the intended use of the property complies with the relevant planning permission and building regulations in force at the time of purchase.

Legal Costs
Each party to be responsible for their own legal costs.

Business Rates
Existing Ratable Value is £8,000.Please note the above figure is not the rates payable. Applicants are asked to make their own enquiries with Sandwell Metropolitan Borough Council with regards to the rates payable.

Consideration
Offers are invited in excess of £400,000 for the freehold interest. VAT IS APPLICABLE in this transaction.

Viewings
Site and outside space is free to inspect externally without an appointment.For any internal viewings, please contact the sole selling agents;Dan O\‘Malley BSc Hons, Emma Graham BA or Jack PerrinsCottons Chartered Surveyors0121 247 4747sales@cottons.co.uk

Property Features :

• Development Opportunity on Site Circa. 0.4 Acres
• Planning Consent for demolition of existing public house and erection of 20 Self Contained Apartmen
• Planning REF: DC/16/59487 Dudley Borough Council
• EPC Rating: D(67)