Spinning School Lane, Tamworth, Staffordshire, B79

Rock Innovate are delighted to offer this incredible opportunity which sees a former 1970's Police Station to be turned into 54 stunning apartments.

This phenomenal project is located in the centre of Tamworth Town Centre, B79 and is available to be purchased with planning permission granted for the creation of 54 Residential units, a residents gym, reception foyer and associated parking.

Rock Innovate have partnered with national auctioneers SDL Auctions to bring this building to market. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction, 29th May 2025. The auction will commence at 09:00am.

Interested parties are advised to inspect the legal pack for more information along with the Staffordshire county council planning portal 0261/2022.

Full Overview
This project involves the conversion of the former police station on Spinning School Lane, Tamworth (Planning Application No. 0261/2022), into a modern residential development consisting of 54 high-quality flats. The development has been designed to meet Nationally Described Space Standards (NDSS) while optimising the use of the existing structure to provide contemporary and spacious living spaces.

The proposed development will include a mix of flat styles, offering a variety of layouts to suit different lifestyles. The flats are designed to exceed minimum space requirements, ensuring comfortable and functional living environments. A residents' gym will be located in the basement, providing an additional communal amenity. Private outdoor spaces, including balconies and terraces, will enhance the quality of living for residents, and communal rooftop terraces will provide additional recreational areas.

The flats are arranged efficiently across four floors, with designs that maximise natural light and modern aesthetics. While there is a shortfall of 78m² in communal and amenity space compared to planning guidelines, this is partially offset by the provision of private balconies, terraces, and the gym.

This development represents an excellent opportunity to bring modern, high-quality residential spaces to a historic building in a prime location. Situated in an established residential area, it benefits from excellent transport links, local shopping, and key amenities. The carefully considered design, combined with the strong demand for well sized one and two bedroom flats, makes this an attractive proposition for established developers.

Tenure: Freehold

EPC Rating: Awaited

Terms:
Auction Details:

The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneers fees apply:

* 5% deposit (subject to a minimum of £5,000)

* Buyers Fee of 4% of the purchase price inc. VAT.

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price:
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.