Land for sale

Town Centre, Bedford, MK40

Offers in Excess of £1,750,000

Property Description

Key features

  • PERMIITED DEVELOPMENT OPPORTUNITY
  • PRIME TOWN CENTRE LOCATION
  • CONSENT GRANTED FOR CONVERSION
  • AMOUNTING TO C12,000 SQ FT

Full description

Tenure: Freehold

A freehold “permitted development” opportunity in a prime location.

The current building is a modern four storey office building with lift access and under croft access to four parking spaces at the rear. There is an additional five parking spaces at the front of the building.

Permitted development consent granted by Bedford Borough Council to convert to residential use with only a three year time frame condition. Residential accommodation amounting to c12,000 sq ft GIA comprising 23 apartments (19 x one bed, 3 x two bed & 1 x studio). See the attached schedule and consented drawings.

May have potential to create further accommodation by adding a further storey (STPP). Any additional accommodation created will be subject to an uplift clause on an agreed pro rata basis. Vacant possession will be subject to termination of existing leases with an agreed “longstop” completion date.

No requirement for affordable housing.

The planning consent is CIL liable, but as the building has been in an active lawful use for a continuous period of at least 6 months in the previous 36 months prior to the granting of the consent, there should be no CIL payable.

Contact Compass Land & Development to discuss further on 01234 351577.

Compass Land & Development for themselves, and for the vendors of the land, whose agents they are, give notice that; (A) These particulars are produced in good faith, but are set out as a general guide only and do not constitute any part of a contract; (B) No person in the employment of Compass Land and Development has any authority to make or give any representation or warranty what so ever to the land AUGUST 2018. These details are presented subject to Contract and without prejudice.


More information from this agent

Listing History

Added on Rightmove:
20 August 2018

Nearest stations

  • Bedford St. Johns (0.6 mi)
  • Bedford (0.6 mi)
  • Kempston Hardwick (3.5 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Compass , Bedford

14/16 Bromham Road Bedford MK40 2QA

03339 873422 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Compass , Bedford

14/16 Bromham Road Bedford MK40 2QA

03339 873422 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Bedford St. Johns (0.6 mi)
  • Bedford (0.6 mi)
  • Kempston Hardwick (3.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Compass , Bedford

14/16 Bromham Road Bedford MK40 2QA

03339 873422 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 211737S. 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 Compass , Bedford. 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.

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