This site has the benefit of an outline planning consent granted under planning reference 2022/02480/PA.
Site Area: 0.31 Acres
Proposed Building Area GIA: circa 55,922 sq ft
Proposed Building Residential Area NIA: circa 37,350 sq ft
Proposed Building Commercial Area GIA: circa 7,858 sq ft
The site lies along Lower Parade, which is located within the Centre of the Royal Town of Sutton Coldfield.
The site is offered on a freehold basis, which has been predominantly cleared ready for development.
This site has outline planning consent, subject to conditions for the development of up to 55 residential apartments – 19 x 1 bed and 36 x 2 bed (Use class C3) and up to 730 sqm commercial floor space (Use class E), together with associated car parking and service areas (access, layout and scale not reserved).
The proposed scheme ranges from 6-8 storeys in height.
S106: There are to be 6 affordable units (Low cost housing units) being a discount to the open market value - please see further details in the brochure.
CIL: CIL is applicable in this location
Tenure – Freehold.
VAT - VAT will be chargeable at the prevailing rate.
Services – All services are available to the site. However, it is the responsibility of the purchaser to ensure that services are available and adequate
The site is being sold via public treaty.
Offers will be considered on both a conditional and unconditional basis. Prospective purchasers are to provide the following with their offer:
Proof of funds
Track record
The conditions (if any) attached to the offer
Timescales proposed
Offers are to be submitted with any supporting information to:
Will Jordan – Will.Jordan@knightfrank.com
Charlie Steele - Charlie.steele@knightfrank.com
The property may be inspected strictly by prior appointment through the vendor's selling agents, Knight Frank LLP.
Under no circumstances must any visits be made to the property without prior authorisation.
Other
MLS/Listing ID BLA012332870
Listing Courtesy of KNIGHT FRANK
Source of Data: KNIGHT FRANK