FREEHOLD RESIDENTIAL INVESTMENT / DEVELOPMENT / ASSET MANAGEMENT OPPORTUNITY

 

Planning consent was approved in October 2020 for the refurbishment and conversion of the lower ground storage area into 2 x 2-bedroom flats of 937 and 973 sq ft, creating a total of 10 flats within the demise.

Current total net saleable area of the building is 5,840 sq ft/542.55 sqm with the potential to add a further 1,910sq ft on the lower ground level.

Further potential to add an additional floor of approximately 1,200 sq ft supported by a positive pre app (subject to necessary consents) and also extend each flat by approximately 35 square feet to create an additional shower room adding a further 280 square feet of saleable space.

With all these works completed there is potential to create a building in excess of 9,200 square feet net saleable.