Residential Development
This Grade II Listed Building which is of great character is located within the Town Centre situated between Stone Street and New Street. The property is situated in a terrace of similarly built properties and is on the south side of Tower Street, which within the vicinity is a one way street and close to the Fountain Arcade offering a good mix of retail shopping and within walking distance of the pedestrianized market place.
Dudley is a major town within the West Midlands conurbation, and has a resident population of approximately 312,925 (2,011 census figures). The town is located approximately 10 miles west of Birmingham City Centre, 7 miles southwest of Walsall and 6 miles south of Wolverhampton City Centre.
The property comprises a Grade II Listed Building being three storey to the front elevation with warehousing to the rear and immediately abutting the pavement to Tower Street.
Land & Development Opportunities & Garages
A Freehold Town Centre Residential Redevelopment/Conversion Opportunity. Having the Benefit of Planning Permission to Provide Ten Apartments and Ten Off-Street Parking Spaces.
We understand that the property is Freehold and will be available with the benefit of vacant possession upon completion.
Full details relating to Tenure will be available for inspection within the Legal Pack.
The property is being sold with the benefit of Planning Permission for conversion and additional new build to supply ten apartments including ten off-street car parking spaces. A Planning Consent for conversion of the listed building to four apartments and the erection of a new apartment block containing six apartments and demolition of single-storey rear buildings was approved under appeal C4615/4/08/2071 on the 9th October 2008, subject to conditions and a Section 106 Agreement and was subsequently renewed on the 4th September 2012 (PO7/2122/E1) and (PO7/2103/E1) of the 13th December 2011.
A copy of the Planning Permission will be available for inspection within the Legal Pack however all interested parties must make their own enquiries of the Planning Department within Dudley Metropolitan Borough Council to obtain verification of their proposed future development of the property.
We are advised that VAT is not applicable on this transaction, all interested parties should seek confirmation by refering to the Special Condition of Sale within the legal pack.
Strictly by arrangement with the Auctioneers. Please contact Ian Tudor on 0121 237 4850.
