A rare opportunity to acquire a substantial freehold property occupying a large site of approximately 3,947 sq ft (367 sq m), fronting both Winsley Road & Brookfield Lane in a popular residential location between Cheltenham Road and Arley Hill in Cotham. The site is currently occupied by a well-presented three-storey office building with balcony fronting Winsley Road with a large single storey workshop to the rear, leading to a further two storey brick-built workshop fronting Brookfield Lane. The site offers potential for redevelopment to create numerous residential dwellings, subject to obtaining all necessary consents, or could be retained as a commercial premises in a fantastic central location. Offers subject to the purchaser obtaining full planning consent for alternative uses/redevelopment will be considered.
The site is situated in a highly desirable residential position, located between Cheltenham Road and Arley Hill in Cotham.
The former library which previously adjoined the site was recently redeveloped to provide an exclusive range of 36 new apartments over four storeys which have now all been sold.
SCHEDULE OF ACCOMODATION -
Site Area: Approx. 3,947 sq ft / 367 sq m
Gross Internal Area of buildings: Approx. 4,530 sq ft / 421 sq m
Please refer to the floorplan for internal layout. The floorplan is provided for indicative purposes only.
PLANNING HISTORY -
The planners have turned down an application for more Light Industrial space on the site but the current owner has not made any planning applications in respect of residential redevelopment. However, we consider the site offers potential for conversion/redevelopment to create numerous dwellings, subject to obtaining the necessary consents. Alternatively, the site could be retained as modern offices with an extended workshop.
We understand that the property has NOT been elected for VAT.
METHOD OF SALE -
The property is for sale by Informal Tender with the tender date to be confirmed. The site offers potential for
redevelopment and offers subject to planning consent will be considered.
The property is offered for sale on a Freehold basis with vacant possession upon completion.
ENERGY PERFORMANCE CERTIFICATE -
BUSINESS RATES -
The rateable value with effect from April 2017 is £14,750
Strictly by appointment with Maggs and Allen
CONTROL OF ASBESTOS -
As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.
Maggs & Allen use all reasonable endeavours 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.