Market Street, Highbridge, Highbridge

Asking price £600,000 - For Sale

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Telephone: 0117 973 4940

Email: admin@maggsandallen.co.uk

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Property Details

PRIME DEVELOPMENT SITE - PLANNING GRANTED FOR 29 APARTMENTS An exciting opportunity to purchase a prominent development site in the heart of Highbridge with full planning consent granted for the erection of 29 new apartments (17 x 1 Bedroom Flats & 12 x 2 Bedroom Flats) with underground parking. The site offers developers the chance to service the increased demand for housing in the area due to the nearby Hinkley Point nuclear power station. We are informed by our clients that a grant towards the build costs of the development may be available from EDF Energy. Further details of which are available upon request.

DESCRIPTION -

PRIME DEVELOPMENT SITE - PLANNING GRANTED FOR 29 APARTMENTS
An exciting opportunity to purchase a prominent development site in the heart of Highbridge with full planning consent granted for the erection of 29 new apartments (17 x 1 Bedroom Flats & 12 x 2 Bedroom Flats) with underground parking.
The site offers developers the chance to service the increased demand for housing in the area due to the nearby Hinkley Point nuclear power station. We are informed by our clients that a grant towards the build costs of the development may be available from EDF Energy. Further details of which are available upon request

PROPOSED APARTMENTS -

The approved planning consent provides a carefully considered mix of 1 and 2 bedroom apartments in two separate three storey buildings wrapped around a central communal garden. A new basement level will provide 29 allocated parking spaces, bin and bicycle storage.

LOCATION -

Highbridge is a small former market town situated on the edge of the Somerset Levels near the mouth of the River Brue. It is in the County of Somerset, and is approximately 20 miles (32.2 km) north east of Taunton and approximately 7 miles (11.3 km) north of Bridgwater. The site is situated in a central position with easy access provided to the town centre and a range of amenities.

PLANNING -

Application No -

11/17/00116/DD

Description of Development -

Erection of a building to form 29no. Apartments and the creation of ancillary parking. At 1 Market Street, Highbridge.

Date of Decision -

7th February 2019.

SCHEDULE OF ACCOMMODATION -

GROUND FLOOR -

Flat 1 - 2 Bed (61.1 sq m) Flat 2 - 1 Bed (40.3 sq m)
Flat 3 - 1 Bed (41.9 sq m) Flat 4 - 2 Bed (61.0 sq m)
Flat 5 - 2 Bed (62.0 sq m) Flat 6 - 1 Bed (40.9 sq m)
Flat 7 - 1 Bed (40.9 sq m) Flat 8 - 1 Bed (40.2 sq m)
Flat 9 - 1 Bed (37.0 sqm) Flat 10 - 2 Bed (61.2 sq m)

FIRST FLOOR -

Flat 11 - 2 Bed (61.1 sq m) Flat 11 - 1 Bed (45.3 sq m)
Flat 13 - 1 Bed (46.9 sq m) Flat 14 - 2 Bed (61.0 sq m)
Flat 15 - 2 Bed (62.0 sq m) Flat 16 - 1 Bed (40.9 sq m)
Flat 17 - 1 Bed (40.9 sq m) Flat 18 - 1 Bed (40.2 sq m)
Flat 19 - 1 Bed (37.2 sq m) Flat 20 - 2 Bed (61.2 sq m)

SECOND FLOOR -

Flat 21 - 1 Bed (55.8 sq m) Flat 22 - 2 Bed (66.2 sq m)
Flat 22 - 2 Bed (63.0 sq m) Flat 24 - 2 Bed (62.0 sq m)
Flat 25 - 1 Bed (40.9 sq m) Flat 26 - 1 Bed (40.9 sq m)
Flat 27 - 1 Bed (40.2 sq m) Flat 28 - 1 Bed (37.0 sq m)
Flat 29 - 2 Bed (61.2 sq m)

PROPOSED PLANS -

Copies of the proposed plans are available from Maggs & Allen or via the Local Authority's planning portal.

LOCAL AUTHORITY -

Sedgemoor District Council.

TENURE -

Understood to be freehold.

AFFORDABLE HOUSING/SECTION 106 -

Five of the proposed apartments have been allocated for affordable housing although an off-site Section 106 payment of £112,556.00 is available as an alternative.

VAT -

All figures quoted are exclusive of VAT unless otherwise stated.

VIEWING -

Strictly by appointment with Maggs & Allen.

CONTACT DETAILS -

Contact: Rob Ansell
Tel: 0117 973 4940
Email: rob@maggsandallen.co.uk

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Maggs & Allen use all reasonable endeavors to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.
It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens.
Any site and floor plans provided are for indicative purposes only and should not be relied upon.