£295,000
(£140.48/sq. ft)
Property for saleLombard Street, Newark NG24
2,100 sq. ft
Freehold
About this property
Freehold investment opportunity
Full Planning for HMO Occupation
Proposed 6 Double Sized Bedrooms
Extensive Ground Floor Communal Use
Lbc Consent for Internal Alterations
Gross Internal Area 195 sq.m approx
Potential to Increase Room Numbers
Town Centre Location
Existing EPC Rating D
A Freehold Investment Opportunity with full planning permission for HMO occupation providing 6 double sized bedrooms and ground floor communal use. Listed Building Consent it granted for internal alterations. There is potential to increase the room numbers subject to planning permission.
The gross internal area of the building 195 sq.m approximately.
The building is a prominent Grade II Listing with street frontage within the town centre core area, close to amenities and public transport facilities.
The double sized rooms designed range from 16.6 sq.m to 28.9 sq.m.
The property is substantially built and re-roofed in recent years.
The previous planning use of the building is E Class to include Offices and the property offered as a Freehold Investment is suitable for alternative uses.
Town And Country Planning
Planning permission is granted under Newark and Sherwood District Council reference 24/00946/ful - for change of use from Office (Use Class E) to an HMO House in Multiple Occupation (Use Class 4) comprising 6 one bed units. The conditional planning permission is dated 30th July 2024.
Listed Building Consent is granted under Newark and Sherwood District Council reference 24/00947/lbc for internal alterations including installation of a door and re-location of an existing door, infilling existing doorway and removal of a partition wall, and repairs to the sills of 3 sash windows (1 on the front and 2 on the rear elevation). The conditional permission is dated 30th July 2024.
Documents and plans may be viewed on the Newark and Sherwood District Council planning portal
Services
Mains water, electricity, gas and drainage are all connected to the property.
Tenure
The property is freehold.
Rateable Value
The rateable value for Clinton House is £16,250
Listed buildings are completely exempt from empty Business Rates until re-occupied. The property should be de-listed if the HMO development scheme proceeds.
Viewing
Strictly by appointment with the selling agents.
Possession
Vacant possession will be given on completion.
Plans
Proposed floorplans are attached to these particulars.
The gross internal area of the building 195 sq.m approximately.
The building is a prominent Grade II Listing with street frontage within the town centre core area, close to amenities and public transport facilities.
The double sized rooms designed range from 16.6 sq.m to 28.9 sq.m.
The property is substantially built and re-roofed in recent years.
The previous planning use of the building is E Class to include Offices and the property offered as a Freehold Investment is suitable for alternative uses.
Town And Country Planning
Planning permission is granted under Newark and Sherwood District Council reference 24/00946/ful - for change of use from Office (Use Class E) to an HMO House in Multiple Occupation (Use Class 4) comprising 6 one bed units. The conditional planning permission is dated 30th July 2024.
Listed Building Consent is granted under Newark and Sherwood District Council reference 24/00947/lbc for internal alterations including installation of a door and re-location of an existing door, infilling existing doorway and removal of a partition wall, and repairs to the sills of 3 sash windows (1 on the front and 2 on the rear elevation). The conditional permission is dated 30th July 2024.
Documents and plans may be viewed on the Newark and Sherwood District Council planning portal
Services
Mains water, electricity, gas and drainage are all connected to the property.
Tenure
The property is freehold.
Rateable Value
The rateable value for Clinton House is £16,250
Listed buildings are completely exempt from empty Business Rates until re-occupied. The property should be de-listed if the HMO development scheme proceeds.
Viewing
Strictly by appointment with the selling agents.
Possession
Vacant possession will be given on completion.
Plans
Proposed floorplans are attached to these particulars.
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