Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The existing properties comprise 2 adjoining buildings consisting of a former bar and retail unit used as a music shop / academy in the past.
The former bar and music academy extend to approximately 5,618 sq ft (521 sq m) over 2 storeys.
To the rear of the property is a car park consisting of 10 car parking spaces.
Tenure
Freehold
Planning
Planning permission was granted 6th November 2024 (reference: 22/01953/FUL) for the demolition of the existing buildings and construction of a part 5, part 6 storey building containing 31 residential units (10 x 1-bed, 17 x 2-bed and 4 x 3-bed) totalling 21,201ft².
The planning consent is subject to a S106 agreement to allocate 16 of the 31 new build apartments to be provided for Affordable Rent
A CIL liability of approximately £175,357.60 is also applicable. Please note that this is an indexed estimate as of November 2024 and should not be relied upon, any prospective purchasers should undertake their own analysis.
An offer from a registered provider has been received to pre purchase the finished units with further information available upon request
Notes
VAT is applicable to this lot.
Joint Auctioneer:
Jordan Oldfield
020 7183 2529 / 07736 177891
jordan.oldfield@kingsbury.co.uk