Residential Development for Sale

Residential Development Opportunity Site has Planning Permission for fifteen apartments Close to Walsall town centre 0.21 acres (0.09 hectares)

LOCATION:  The property is situated on the southern side of Paddock Lane between its junctions with Ablewell Street and Union Street in a mixed commercial and residential location on the outskirts of Walsall town centre.

DESCRIPTION:   The site is roughly rectangular and slopes from right to left as viewed from Paddock Lane.  There are two brick built workshops to the eastern end of the site which have not been inspected internally.  The site extends to approximately 0.21 acres (0.09 hectares).

PLANNING:   The property benefits from Planning Permission Application No. 19/0285 for the demolition of the workshops and the erection of thirteen one-bed apartments and two two-bed apartments. The section 106 agreement has also been completed. 

SERVICES: We understand that all mains services are connected or available to the property.  No tests have been applied to any of the services or appliances.

RATING DATA: (information obtained from the Valuation Office Agency Web Site):

Rateable Value:         £6,500

Description:         Workshop and Premises

NB:  Small Business Rate Relief may be available.  Interested parties are advised to make their own enquiries of the Local Authority in this regard.

TENURE:  We understand that the property is Freehold.

ENERGY PERFORMANCE CERTIFICATE:  An EPC has not been commissioned as it is envisaged that the buildings on site will be demolished.

VIEWINGS:    Contact Fraser Wood Commercial on 01922 629000.

Please note that all parties viewing the property do so at their own risk and neither the vendor nor the agent accept any responsibility or liability as a result of any such viewings.