Land for salePalmerston Road, Boscombe
Sold by Us £335,000
Development/Investment opportunity available now (without planning) or subject to permitted development for: 6 or 7 x flats. Plans show previouse withdrawn planning application.
Cash purchasers only. The existing building was originally as a pair of shops with flats/offices above. The building now requires a full refurbishment and conversion in to flats. The opportunity can be provided with a PD grant or as it is now, without the P.D. grant (vendor is confident that P.D. will be granted). The conversion will comprise of 2 x 2 bed first floor flats, 3 x 1 bed and 2 x studio flats on the ground floor. No parking. I am advised that no council contributions will be payable on this opportunity. The Gdv for the flats is estimated at £760,000.00. For further details or to view the site please contact Andrew Hooper on 01202 779911. More development 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 1.5% (minimum fee of £2,000) plus Vat at the prevailing rate. For any Land, Development or Investments acquired, Churchfield must be instructed to re-sell the finished units at 1.5% + vat or re-let at 8% + 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 1.5% + vat (minimum fee £2,000 + 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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