A significant development opportunity comprising a substantial town centre semi detached building benefitting from planning permission to convert the property into 24 apartments. We understand the property was previously used primarily as office space.

Location

The property fronts onto Foundry Street close to its corner with Trinity Street in a prominent Hanley Town Centre position. A number of national and independent retailers are located within the immediate vicinity.

Approx Site Area

Approximatley 407 Sq M (487 Sq Yds).

Tenure

Unknown

Planning

Planning permission was approved by Stoke City Council on 16th May 2018 for the conversion of the ground and lower ground floor office space to provide 6 self contained apartments. Planning ref - 62377/PRA

Planning permission was approved by Stoke City Council on 23rd December 2016 for the change of use of first and second floor offices to provide 18 self contained apartments. Planning ref - 60500/PRA

We understand from our selling clients that a drainage inspection was observed by building control and that on that basis planning permission has been preserved although buyers are advised to rely solely upon their own enquiries in this regard. We also understand certain planning conditions have been discharged.

The clients architects have prepared a scheme to show a lightweight rooftop extension may be feasible, subject to all of the relevant consents, to provide up to 40 apartments overall.

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

General

1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 24TH MAY AND CLOSES ON WEDNESDAY 25TH MAY.