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Waterside investment and development opportunity

England, United KingdomUnlock address

71%

£6.650.000

Mixed use

#12054

Value-Add

2 Feb 2024

Property Details

Broker

For sale

11,669 sq.ft.

1,084 m²

Leasable area

569 £/sq.ft.

6,134 £/m²

Freehold

X

Fees

0.00 %

0.50 %

0.00 %

0.50 %

Investment Overview

Prime waterside location, with extensive canal frontage. Total site area extending to approximately 0.06 hectares (approximately 0.15 acres). Three adjoining period buildings and yard/café, accommodation totalling 13,219 sq ft GIA and 11,669 sq ft NIA. Lapsed (2019) planning permission for a mixed use building including art gallery, exhibition and auditorium facilities, office/workshop space and café/restaurant, retail unit, four serviced apartments and four residential units. Part income producing, reversionary, with substantial future asset management and redevelopment opportunities.