High Street, Iver, SL0

Oakwood Estates are delighted to present this unique opportunity to purchase the famous Public House ''The Bull'' most recently as a restaurant and comprises a substantial 2-storey detached building situated on the south side of the High Street in Iver Village Centre and in the Local Shopping Centre and the Iver Village Conservation Area.

The property has full planning permission for the Conversion of the existing A3 restaurant with C4 residential above to C3 residential. Including 2 storey side extension to form 6 no flats. Conversion and 2-storey side extension to associated stables to form 2 no. duplex. Conversion of existing timber outbuilding to form bike store. A new 3-storey building to form 4 no flats. Total of 12 new dwellings.

Vehicular access to the car park of the development is proposed from High Street in the northwest corner of the site. A total of 15 parking spaces is proposed including two visitor spaces and one disabled parking space.

Additional payments

S106 is approx £28,000

CIL charge is £75,680.37

The approved application number

PL/20/2498/FA

Plot/Land area

0.26 Acres (1,037.00 Sq.M.)

Information

This development opportunity, comprising a total of 12 dwellings, is now available for purchase with no chain. Located on Iver High Street, just a 10-minute walk from the Iver Station, the property features six 2-bedroom apartments and six 1-bedroom apartments. With approved planning under reference PL/20/2498/FA, the site also offers parking for over 15 cars and is conveniently close to local amenities.

Current Rental Income

5-Bed Flat - £2,600 per month
Ground Floor Storage - £700 per month
Car Park Storage - £800 per month

Further potential

Further Potential to adjust to 17 units. With plans already drawn up.