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Lillington Road, Leamington Spa

Guide Price
£4,000,000
Peter Clarke & Co, Stratford-Upon-Avon
PROPERTY TYPE

Plot

SIZE

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Key features

  • Vacant former sheltered accommodation with lawful development for 55 dwellings
  • Pending planning application for extending into the roof space and creating additional parking areas
  • Potential for three extra units in previously supported location
  • Total site area approximately 1.26 acres

Description

A RESIDENTIAL DEVELOPMENT OPPORTUNITY

Lillington Road - is a leafy residential street with Leamington Spa town centre approximately one mile away.

Description - Southfields is an imposing building of hexagonal design and with accommodation over two floors consisting of 54 flats and one office, used as sheltered accommodation, and with no planning restriction on occupation. The property was constructed in the early 1980s and the grounds extend to approximately 1.26 acres with car parking.

Planning - A lawful development certificate , Reference W/23/1830 confirms the principle that 55 units may be used as dwellings with unrestricted occupation. W/05/0767 confirms that the one office must now revert to a dwelling making a total of 55 existing units. There is a pending planning application, reference W/24/0225 mainly for roof lights, french windows and additional car parking. This allows expansion of units into the roof space. Internal reconfiguration of the existing building has been confirmed as not being development by the officer report to committee that accompanies W21/1084. Potential for 3 extra units in previously supported locations.

Owner/Seller - The SPV that currently holds ownership of the property can be acquired to offer a stamp duty saving.

General Information -

TENURE: The property is understood to be freehold. This should be checked by your solicitor before exchange of contracts. The property will be sold with vacant possession.

SERVICES: We have been advised by the vendor that mains electricity, water and drainage are connected to the property. However this should be checked by your solicitor before exchange of contracts.

VAT: VAT will not be payable on this transaction.

RIGHTS OF WAY: The property is sold subject to and with the benefit of any rights of way, easements, wayleaves, covenants or restrictions etc. as may exist over same whether mentioned herein or not.

OFFERS: Offers are invited, subject to contract only.

VIEWING: Strictly by Prior Appointment with the selling agent.

Peter Turner MSc MNAEA
Associate Partner
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Brochures

Lillington Road, Leamington SpaBrochure

Lillington Road, Leamington Spa

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leamington Spa Station1.3 miles
  • Warwick Station2.5 miles
  • Kenilworth Station3.2 miles
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About the agent

Peter Clarke & Co, Stratford-Upon-Avon

53 Henley Street, Stratford-Upon-Avon, CV37 6PT

Peter Clarke & Co, Stratford-Upon-Avon
About Us

Peter Clarke FRICS founded the firm in 1991 with his two sons, Andrew Clarke BSc (Hons) MRICS and Jonathan Clarke BSc (Hons) MRICS, in Stratford upon Avon. The partnership has subsequently expanded to include Michael Hawkins, Stephen Werner Bsc (Hons) MRICS and Barney Smith MNAEA with additional offices in Leamington Spa, Wellesbourne, Shipston on Stour, Chipping Campden, Birmingham.

A multi-discipline practice of Chartered Surveyors offering a complete range of resid

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

Notes

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Disclaimer - Property reference 33046127. 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 Peter Clarke & Co, Stratford-Upon-Avon. 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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