This is a brownfield site located at the above mentioned address, currently only 2 unit rented out and the rest of the site is deemed as un inhabitable. Current tenant can be removed with 3 month’s notice that landlord has got withing the lease as contingency.
Land area is 2880 m2 total and freehold.
Land currently is under planning and expected to achieve planning to build 35 residential units.
Landlord has negotiated to remove the affordability units from 22% to 0% from previous agreement and in exchange contributing more to local authority as a result due to the prices being too high as affordable as well.
Welcoming offers from developers to acquire the site as it is or on conditional offers.
Calculation sale of units at 100% market value estimated £24,500,000 ( GDV ).
We are waiting on the outcome of Cil and S106 fees on next meeting with local authorities for confirmation.
Secure Deal
This deal was last confirmed available on 15-08-2025, if you would like a fresh confirmation before paying request it here.