The site will be sold with vacant possession together with planning permission for a new-build 5 storey mixed-use scheme comprising 20 all private flats: 8 x 1 bedrooms, 8 x 2 bedrooms and 4 x 3 bedrooms with an Net Sellable Area of c.14,700 sq.ft. and commercial b1 with a net lettable area of c.19,353 sq.ft.

We estimate the resale value of the proposed residential element should be c.£9.4M (£640 PSF) with the commercial element to have a resale value of c.£7.35M providing a total GDV of c.£17M including the Freehold Interest.