Property description
The property comprises a development site ideally situated with regard to the town of Bridgwater. Benefitting from full planning consent for demolition of existing building and re-development of seven attractive apartments.
DESCRIPTION The property comprises a development site ideally situated with regard to the town of Bridgwater and its amenities. Benefitting from full planning consent for the demolition of the existing building and re-development of seven attractive apartments.
The site currently comprises a semi-dilapidated commercial building, together with parking and unloading area, the whole extending approximately 0.072 acres.
Vehicular and pedestrian access is obtained via a right of way (delineated blue) from the adjacent council maintained highway known as Lower Bath Road.
Proposed development to comprise an attractive three-storey building incorporating seven apartments. Each apartment will provide the following accommodation:
•?2 x bedrooms
•?Living room/kitchen
•?Bathroom
•?Balcony
In addition, each apartment benefits from a single covered off-road parking space, together with allocated waste/recycling storage and communal cycle store.
Once completed, the property would create strong interest from the investment, rental and first-time buyer's markets.
PLANNING Full planning consent was granted on the 19th December 2014 for 'Erection of building to form seven flats, bin and cycle storage areas on site of redundant commercial building (to be demolished)' Planning application No. 08/14/00139.
Planning consent does not impose any commensurate financial contributions on the developer i.e. flood defence, affordable housing, off-site recreation etc.
Further details available online at: www.sedgemoor.gov.uk or from the Agents office.
LOCATION Bridgwater is a prosperous town and has access to two motorway junctions 23 & 24 of the M5. The town centre offers a wide range of amenities including shopping, leisure and educational facilities. The county town of Taunton is approximately 11 miles where a wider range of facilities can be found along with renowned public schools.
Bridgwater has an expanding population, emphasised by the employment opportunities of Hinckley Point C (10 miles) being the construction of the first nuclear power station in the UK for 20 years. This has led to a strong demand for residential property within the town.
GENERAL REMARKS VIEWINGS Strictly by appointment only through the agents, Cooper and Tanner LLP. Tel. 01458 834288.
SERVICES It is understood mains electricity (3-phase), water and drainage are connected to the site. Purchasers are advised to make their own enquiries into the adequacy and availability of any services.
BUSIENSS RATES (EXISTING BUILDING) Rateable Value - £8,200
Rates Payable - £3,952.40
LOCAL AUTHORITY Sedgemoor District Council
Telephone: 0845 408 2540
TENURE Freehold with vacant possession
VAT The purchase price will not be subject to VAT.
SOLICITORS Chubb Bulleid Solicitors
Strode House, 10 Leigh Road, Street, BA16 0HA
Telephone: 01749 836100
Mrs Laura Maden acting.
DIRECTIONS Enter Bridgwater from the North via the Bath Road. Continue for approximately ¾ mile, bearing right onto Lower Bath Road.
The property can be found approximately 50m along the highway on the left hand side.
Property Features :
- Residential Development Opportunity
- Full Planning Consent
- Ideal Town Location
Property Info: