2 Frenchgate, Richmond, North Yorkshire, DL10 4JG
- PROPERTY TYPE
Residential Development
- SIZE
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Key features
- Freehold Development Opportunity in Affluent Yorkshire Town
- Comprises a former bank with planning permission granted for 5 large self contained flats ranging from 121 sq m to 187 sq m
- Substantial building comprising approximately 784.10 sq m (8,440 sq ft)
- Low capital value psf (£46.90 psf)
- Attractively located opposite Richmond Castle
Description
StrapLine
Auction Sale - 24/01/2024Of interest to developers
Freehold Development Opportunity in Affluent Yorkshire Town
Comprises a former bank with planning permission granted for 5 large self contained flats ranging from 121 sq m to 187 sq m.
Description
The property comprises a substantial four storey building (plus basement) arranged as a ground floor banking hall with ancillary accommodation above. The property comprises approximately 784.10 sq m (8,440 sq ft) and planning permission has been granted for conversion to 5 large flats (see planning).
Location
Richmond is an attractive and affluent town in North Yorkshire approximately 15 miles north-west of Northallerton, 22 miles north of Ripon, 33 miles of Harrogate. The property is located on the east side of Frenchgate, with nearby occupiers including Heron Foods, Savers Health and Beauty and a number of independent shops, cafes and restaurants.
Tenancy
Vacant Possession.
Accommodation
Please note the approximate areas have been provided by the Vendor and the property has not been inspected by Savills.
The property comprises approximately 784.10 sq m (8,440 sq ft) over basement, ground and first floors.
Proposed accommodation:
Flat 1 - 157.45 sq m (1,695 sq ft)
Flat 2 - 153.18 sq m (1,649 sq ft)
Flat 3 - 121.50 sq m (1,308 sq ft)
Flat 4 - 187.70 sq m (2,020 sq ft)
Flat 5 - 164.27 sq m (1,768 sq ft)
Total - 784.10 sq m (8,440 sq ft).
Planning
Planning permission (Ref. No: 22/00848/FULL) has been granted for the conversion of the building to 5 substantial apartments. For further information please see Richmondshire Planning Portal ( ). The property has approved Change of Use consent to convert a listed bank building into residential. Please see the legal pack for the approval.
2 Frenchgate, Richmond, North Yorkshire, DL10 4JG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leyburn Station7.5 miles
About the agent
Savills Auctions are specialist residential and commercial property auctioneers with an unrivalled depth of experience and market knowledge.
Notes
Disclaimer - Property reference 144-8765. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills Auctions, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
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