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Moston Road, Sandbach 2 bed block of apartments for sale
Moston Road, Sandbach
£325,000
Moston Road, Sandbach
£325,000
Our Summary
- Mixed-used Investment opportunity 2 x Apartments & 1 x Ground Floor Retail Unit Planning Consent Granted in 2016 for an additional 4 Apartments & 1 Retail Unit For Sale on Auction Terms
- A mixed used investment opportunity comprising; - 1 x 1 bedroom Ground Floor Apartment - Fully let on a rolling contract
- - Planning Consent Granted for an additional 4 x Apartments & 1 x Retail Unit
- Full planning consent was granted for 'Two-storey side extension to create a new shop with flats above' dated October 2013 (Ref; 13/2999C)
- A further planning approval for 'Variation of condition No 2 (approved plans) of existing permission 13/2999C - Two storey side extension to create a new shop and flats' was granted on 28 September 2016 (Ref; 16/3758C)
- - Plans & Elevations - Photos - Comparable Sales / Rental EvidenceThe footings for the above planning consent have been installed and we understand this planning consent is therefore extant (please note that BJB have yet to receive confirmation of this)
- We understand there may be potential to increase the number of units further via internal reconfiguration
- Proposed Additional Accommodation; - 1 x 2 bedroom apartment - 3 x 1 bedroom apartment - 1 x 1 retails unit We understand that the additional accommodation detailed in planning consent Ref; 13/2999C equates to approximately 190 sq
- 2 x Apartments & 1 x Ground Floor Retail Unit Planning Consent Granted in 2016 for an additional 4 Apartments & 1 Retail Unit
- 2 x Apartments & 1 x Ground Floor Retail Unit Planning Consent Granted in 2016 for an additional 4 Apartments & 1 Retail Unit
- BJB Auction
- For Sale on Auction Terms
- Mixed-used Investment opportunity
Description
This is a mixed-use investment opportunity in Sandbach, a market town in Cheshire, consisting of two apartments and a ground floor retail unit. The property is currently fully let, with the apartments on rolling contracts. The retail unit is currently vacant but has planning consent to be converted into a fish and chip shop. Additionally, there is planning consent for an extra four apartments and one retail unit, with the footings already in place. The property is located less than two miles from the town center and has good transport links to Manchester and other major cities. The local council is Cheshire East Council, and the property has a total floor area of approximately 170 square meters, with the potential to increase to around 3550 square feet with the additional accommodation.