Major Freehold City Centre Development Opportunity, with Planning for 66 flats (1)
Major Freehold City Centre Development Opportunity, with Planning for 66 flats (1)
Salisbury is a major commercial and tourist cathedral city, 8 miles south of Stonehenge, 22 miles north-west of Southampton, 31 miles south-east of Bath and 88 miles west of London. The city has good communications, being south of the A303 and served by the A30, A36, A338 and A354, and also benefits from rail services to London (approx 90 minutes) and the South West. The property is located on Castle Street, close to its junction with Wyndham Road. Market Square, Old George Mall Shopping centre, The Maltings Shopping parade and Salisbury theatre are all within a short walk.
Freehold.
Salisbury is a major commercial and tourist cathedral city, 8 miles south of Stonehenge, 22 miles north-west of Southampton, 31 miles south-east of Bath and 88 miles west of London. The city has good communications, being south of the A303 and served by the A30, A36, A338 and A354, and also benefits from rail services to London (approx 90 minutes) and the South West. The property is located on Castle Street, close to its junction with Wyndham Road. Market Square, Old George Mall Shopping centre, The Maltings Shopping parade and Salisbury theatre are all within a short walk.
Freehold.
The property comprises a four storey purpose built office with on site car parking for 40 cars on a site of approx. 1.15 acres (0.47 hectares). There is an electrical substation on site.
VAT is not applicable to this lot.
Planning permission granted for demolition of existing office building and redevelopment of site as 66 number purposed built flats in two blocks, with associated parking, landscaping, amenity space and dedicated site access. (comprises 25 x 1 bed / 36 x 2 beds / 5 x 3 beds) Permission expires December 2022 and has no requirement for affordable housing. (Application Ref: 18/12068/FUL) (www.wiltshire.gov.uk/planning-applications-search) Approval granted for the Change of Use of Class B1(a) (Offices) to C3 (Residential) to Provide 51 no. Residential Units and 43 no. Parking Spaces. Approval expires November 2020 (Application Ref 17/08925/PNCOU) (www.wiltshire.gov.uk/planning-applications-search)
Eight Week Completion
Band E. See legal pack at www.acuitus.co.uk
The property comprises a four storey purpose built office with on site car parking for 40 cars on a site of approx. 1.15 acres (0.47 hectares). There is an electrical substation on site.
VAT is not applicable to this lot.
Planning permission granted for demolition of existing office building and redevelopment of site as 66 number purposed built flats in two blocks, with associated parking, landscaping, amenity space and dedicated site access. (comprises 25 x 1 bed / 36 x 2 beds / 5 x 3 beds) Permission expires December 2022 and has no requirement for affordable housing. (Application Ref: 18/12068/FUL) (www.wiltshire.gov.uk/planning-applications-search) Approval granted for the Change of Use of Class B1(a) (Offices) to C3 (Residential) to Provide 51 no. Residential Units and 43 no. Parking Spaces. Approval expires November 2020 (Application Ref 17/08925/PNCOU) (www.wiltshire.gov.uk/planning-applications-search)
Eight Week Completion
Band E. See legal pack at www.acuitus.co.uk
| Floor | Use | Floor Areas (Approx) |
Possession | |
|---|---|---|---|---|
| Ground First Second Third Ground |
Office Office Office Office Garage |
1,326 sq m 960 sq m 1,092 sq m 294 sq m 66 sq m |
(14,273 sq ft) (10,334 sq ft) (11,754 sq ft) (3,165 sq ft) (710 sq ft) |
Vacant |
| Total |
3,738 sq m |
(40,236 sq ft) |
||
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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