£695,000
(£118.68/sq. ft)
Property for saleWestern Road, Leicester LE3
2 baths
1 reception
5,856 sq. ft
Freehold
About this property
Change of Use Granted
6 X 1 Bed Flats
1 X 2 Bed Flats
Vacant Warehouse/Factory
Neighbouring Terraced Property
Developmental Potential
Westcotes
Viewings By Appointment Only
Planning Includes Adding Dormers at the Front
Approx 3600+ Sq Ft
*** warehouse/factory + terraced houes - freehold - with planning for flats ****
Seths Estate Agents are pleased to bring to market this exceptional freehold investment and development opportunity comprising a warehouse with adjoining terraced property, both currently vacant and offered with vacant possession.
Planning permission has already been granted for a change of use of part of the warehouse to create six one-bedroom flats and one two-bedroom flat, along with the removal of the chimney, construction of five dormer extensions to the front roof, alterations and landscaping.
The acquisition includes Western Road (the warehouse) and Walton Street (the neighbouring terraced property, internally adjoined), providing a combined footprint with excellent development potential.
Contact Seths to arrange a viewing.
Ground Floor 245 Western Road
Reception
Hall
Toilets
Warehouse
First Floor 245 Western Road
Warehouse
Ground Floor 94 Walton
Reception Room
Lobby
First Floor
Landing
Office Room
Kitchen
Toilets
Freehold
Additional Information
The proposed development involves the part change of use of the existing warehouse and office accommodation at 245 Western Road and 94 Walton Street to provide a total of 7 self-contained residential flats, together with associated external works, landscaping and alterations.
At ground floor level, part of the existing warehouse and office space is to be retained for continued commercial/warehouse use, while the remainder is converted to provide Flat 1, together with a communal amenity area, bin storage, cycle storage, meter room and post-box facilities. New access arrangements are also proposed to provide separate access to the flats and the retained warehouse.
At first floor level, the existing accommodation is remodelled to create Flats 2–7, comprising a mixture of one- and two-bedroom accommodation, with individual living rooms, kitchens, bathrooms/en-suites and storage areas. Internal alterations are proposed to create the individual flats, together with acoustic and fire separation measures between the residential units.
At 94 Walton Street, the existing roof is proposed to be converted to provide additional residential accommodation, including a rear dormer to provide additional headroom and natural light.
At 245 Western Road, the proposals include the creation of a mezzanine floor within the existing building, together with front dormer extensions to provide additional accommodation and natural light. The roof alterations include dormer windows and associated changes to the roof form.
The proposals also include the removal of the existing chimney, alterations to the external elevations and roof, and associated access, fencing, landscaping and drainage works.
Overall, the proposal seeks to retain part of the existing commercial/warehouse use while introducing 7 self-contained flats, utilising the existing building more efficiently through internal reconfiguration, a loft conversion, dormer extensions and a mezzanine floor.
Seths Estate Agents are pleased to bring to market this exceptional freehold investment and development opportunity comprising a warehouse with adjoining terraced property, both currently vacant and offered with vacant possession.
Planning permission has already been granted for a change of use of part of the warehouse to create six one-bedroom flats and one two-bedroom flat, along with the removal of the chimney, construction of five dormer extensions to the front roof, alterations and landscaping.
The acquisition includes Western Road (the warehouse) and Walton Street (the neighbouring terraced property, internally adjoined), providing a combined footprint with excellent development potential.
Contact Seths to arrange a viewing.
Ground Floor 245 Western Road
Reception
Hall
Toilets
Warehouse
First Floor 245 Western Road
Warehouse
Ground Floor 94 Walton
Reception Room
Lobby
First Floor
Landing
Office Room
Kitchen
Toilets
Freehold
Additional Information
The proposed development involves the part change of use of the existing warehouse and office accommodation at 245 Western Road and 94 Walton Street to provide a total of 7 self-contained residential flats, together with associated external works, landscaping and alterations.
At ground floor level, part of the existing warehouse and office space is to be retained for continued commercial/warehouse use, while the remainder is converted to provide Flat 1, together with a communal amenity area, bin storage, cycle storage, meter room and post-box facilities. New access arrangements are also proposed to provide separate access to the flats and the retained warehouse.
At first floor level, the existing accommodation is remodelled to create Flats 2–7, comprising a mixture of one- and two-bedroom accommodation, with individual living rooms, kitchens, bathrooms/en-suites and storage areas. Internal alterations are proposed to create the individual flats, together with acoustic and fire separation measures between the residential units.
At 94 Walton Street, the existing roof is proposed to be converted to provide additional residential accommodation, including a rear dormer to provide additional headroom and natural light.
At 245 Western Road, the proposals include the creation of a mezzanine floor within the existing building, together with front dormer extensions to provide additional accommodation and natural light. The roof alterations include dormer windows and associated changes to the roof form.
The proposals also include the removal of the existing chimney, alterations to the external elevations and roof, and associated access, fencing, landscaping and drainage works.
Overall, the proposal seeks to retain part of the existing commercial/warehouse use while introducing 7 self-contained flats, utilising the existing building more efficiently through internal reconfiguration, a loft conversion, dormer extensions and a mezzanine floor.
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Monthly repayment
£3,476 per month
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