Development Site with Full Planning Permission
A rare opportunity to purchase a development site with the benefit of Full Planning Permission for the erection of 14 Apartments providing approximately 9,571 sq ft of accommodation and 3 Ground Floor Commercial Units providing approximately 6,340 sq ft of accommodation on a parcel of land extending to 0.53 acres or thereabouts.
The development site is situated approximately 1.4 miles from Tamworth Town Centre on the southern bank of the River Tame with both Town Centre road bridges approximately 500 metres away providing ease of access to all routes in and out of Tamworth. The site is conveniently located between Tamworth Town Centre, which is easily accessed on foot via the Lady Bridge, and the Ventura Retail Park. The pedestrian access via the Lady Bridge gives access to the Tamworth Castle and Grounds, Town Centre shopping, the Bus Depot, Doctors, Dentists and the Ankerside Shopping Centre.
The Ventura Retail Park is home to large retail stores and supermarkets as well as benefiting from health and leisure facilities.
Tamworth Railway Station lies approximately 1.8 miles North East of the site and provides a regular train service to Birmingham New Street with a journey time of approximately 22 minutes. Birmingham Airport can be easily accessed via the M42 and is approximately 18 miles to the South of the site.
Planning permission was granted on 23rd February 2017 by Tamworth Borough Council under Application Number 0443/2016. The Permission comes with 20 conditions, a copy of which can be obtained from the Vendors' Agent. A copy of the Section 106 Agreement is also available upon request, the Agreement contains a requirement for 2 one bedroom and 1 two bedroom units to be low cost housing units, as well as a financial contribution of £13,000.00 Index Linked.
The following reports and documents are available from the Agents upon request:
Proposed Site Plan
Tenure and Possession
The property is offered for sale by Private Treaty with Vacant Possession given on Completion.
"The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017" require us to verify the identity of the purchaser prior to acceptance of an offer by the seller. Our practice is to request that you bring both a driving licence and passport for all parties to accompanied viewings. Please contact us prior to submitting an offer if this is not possible, we will then discuss other acceptable methods to verify your identity.
Please note that the Vendor reserves the right to opt to tax the Property for VAT prior to the sale and output VAT will thus be chargeable on the purchase price.