Town centre hotel with pp for 6 apartments and retail / office
Redevelopment Opportunity This prominent three storey town centre hotel has planning permission to convert into six holiday apartments on the first and second floors and retail/office use on the ground floor. Once converted, the building will provide two studio apartments, two, one bedroom apartments and two, two bedroom apartments. The apartments can not be let for more than 21 days in succession.
Tenure
Freehold
Planning
Full planning permission and listed building consent was granted by Waveney District Council on 5th August 2015 for "redevelopment of existing hotel to apart hotel with ground floor retail/office use. Function rooms and buildings to rear to be converted to provide three residential units, including conversion of cart shed to parking and bin storage areas". Application nos. DC/15/2770/FUL and DC/15/2771/LBC. Further details including existing and proposed floor plans can be found on the public access website of Waveney District Council, www.waveney.gov.uk/planning.
Proposed Accommodation
Ground Floor: Retail/office unit (95sq/m) and apart hotel reception. First Floor: Apartment 1 (44 sq/m) - Sitting room/kitchen, bedroom, bathroom. Apartment 2 (26 sq/m) - Bedroom/sitting room/kitchen, bathroom. Apartment 3 (51 sq/m) - Two bedrooms, kitchen/sitting room, bathroom. Second Floor Apartment 4 (35 sq/m) - Bedroom, sitting room, bathroom. Apartment 5 (24 sq/m) - Bedroom/sitting room/kitchen, bathroom. Apartment 6 (62 sq/m) - Two bedrooms, sitting room/kitchen, bathroom. Outside: Off-road parking space for each apartment.
Viewing
Open days
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Waveney District Council. Tel: 01502 562111
Solicitors
Buckles, 101 Bourges Boulevard, Peterborough, Cambridgeshire PE1 1NG, Ref: Michael Blank, Tel: (01733) 888 888
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ VAT), payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.