Cofferidge Close, Stony Stratford, MK11

Situated just off Stony Stratford High Street we are pleased to offer a rare development opportunity comprising an existing two storey building, originally designed by renowned local architec Wayland Tunley with permitted development consent for 25 apartments on two floors.

The existing building has been stripped back internally to shell and is ready for the next stage of develoment.

Planning permission has been submitted for 10 additional flats on the roof area (If approved, an overage payment on an agreed basis, will be required).

The popular market town of Stony Stratford offers a wealth of day-to-day services, including shopping, community spaces and recreational hubs. It is located about 5 miles from Milton Keynes city centre which offers easy access to major road and rail connections.

Prior Approval for Change of Use from Commercial, Business and Service (Use Class E) to Dwellinghouses (Use class C30) for 25 units, was granted prior approval under reference 24/01992/PRIOR dated 4th December 2024. Copies of the approval notice and drawings, are available,

The existing permission comprises residential accommodation amounting to c16,248 sq. ft GIA comprising 25 flats (12 x one bed & 13 x 2 beds).

All utilities are connected to the existing building (gas supply has been capped off), prospective purchasers should make their own enquiries in respect to adequacy of supply.

The property is to be sold subject to and with the benefit of all wayleaves, easements and rights of way whether or not mentioned in these details.

The property is to be sold Leasehold, with a term of 999 years.

Service Charge – To be confirmed.

Vacant Possession

Conditions of sale:

(1) The purchaser is to exchange unconditional contracts within 30 working days from when their solicitor receives draft contract documentation.

(2) Legal completion is to take place within 20 working days from exchange of contracts.

VAT

VAT will be charged on the sale price.