Land for saleArchway Road , Poole
Sold by Us £519,950
Development opportunity available with planning granted for either conversion/extension to the existing building into a terrace of 3 x houses or permitted development for conversion of the existing building into 5 x flats. Poole Borough.
Planning granted for 3 x houses; Unit 1: 2 bed, 921 sq ft (85.6 sq ft). Unit 2: 2 bed, 823 sq ft (76.5 sq mt). Unit 3: 2 bed house, 693 sq ft (64.4 sq mt). The anticipated GDV is £950,000.00. Section 106 £1,210.00 contribution and any other contributions to be paid by the purchaser. Alternative grant for conversion of the existing building under Permitted Development for: 4 x studios and a 2 x bed flat: Unit 1, studio, 348 sq ft (32.4 sq mt). Unit 2, studio, 250 sq ft (23.3 sq mt). Unit 3, studio, 346 sq ft (32.2 sq mt). Unit 4, 2 x bed flat, 715 sq ft (66.5 sq mt). Unit 5, studio, 346 sq ft (32.2 sq mt). Anticipated GDV £645,000.00. CIL £1,080.71 contribution and any other contributions to be paid by the purchaser. Outside, off road parking and garden. Situated in a very popular location and within walking distance of the very popular pen hill shops (approximately 400 yards), Schools and Branksome Chine beach. The existing property is currently used as offices (B1) and is offered in good general condition. Existing building internal area 2438 sq ft (226.5 sq mt). Site area 0.039 Hectares. For further details, please contact Andrew Hooper on 01202 779911. More development land and investments available on our web site: www.churchfield.uk.com
Please note: Development or Investment site (s), bought through Churchfield the purchaser is required to retain us at the rate of 1.8% (minimum fee of £2,400) including Vat at the prevailing rate. For any Land, Development or Investments acquired, Churchfield must be instructed to re-sell the finished units at 1.8% including vat or re-let at 9.6% including vat (fully managed) the acquired property or the developed properties on a sole agency basis within three years of completion. If Churchfield are not instructed and the acquisition is sold or Let by the purchaser/s within this period, an additional fee of 1.8% including vat (minimum fee £2,400 including vat) of the original purchase price will be chargeable to the purchaser in addition to any other costs or charges agreed. Once the three year period after completion of the purchase has expired, the purchaser is free to offer the acquisition to any third party with Churchfield having no financial interest.
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