Planning permission approved for 4 bedroom flat and a commercial unit
Future development potential to convert the commercial unit into residential use (subject to the requisite consents) a positive pre app has been received (please refer to the legal pack)
Possible future development potential to convert the 4 bedroom flat into multiple dwellings (subject to the requisite consents)
Approved 4 bedroom flat an approx. 125sqm (1,345 sq ft)
Approved commercial unit an approx. 62sqm (667 sq ft)
Located and approx. 0.4 miles for Winchester train station
Upper floor office currently let at £8,400p.a. (The tenant is currently holding over and have suggested they will be vacating on the last day of April 2023 - see documentation in legal pack)
Development potential to convert the self contained upper two floors into a 2 bedroom flat (subject to the requisite consents)
Comprising of 2 x three bedroom flats and 1 x two bedroom flat
Asset management potential to increase the rent
Possible development/reconfiguration potential to extend the rear of the commercial premise into residential use or increase the size of the commercial unit(subject to the requisite consents)
Located an approx. 0.5 miles from Westcliff Station