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Commercial

Former British Legion Club Park Road North, TS1

Guide Price 375,000 (Freehold)Available

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About Former British Legion Club Park Road North, TS1

INVESTMENT/DEVELOPMENT OPPORTUNITY WITH FULL PLANNING FOR A 20 BED STUDENT ACCOMMODATION DEVELOPMENT.

- Planning ref 17/0066/FUL WITH THE ADDED BENEFIT OF OPEN PLAN STRUCTURE TO ENABLE OTHER USES/DEVELEOPMENTS DEPENDING ON REQUIREMENTS This substantial property is the former home of the British Legion Club on Park Road North just off the bustling and vibrant Linthorpe Road, close to Middlesbrough Town Centre.

The current planning proposal is to take full advantage of the sites proximity to the Teeside University campus and internally re plan it to form a student accommodation building, offering 8 self contained pods of between 2 & 5 bedrooms catering for 20 students in total.

Ancillary facilities will include a basement leisure area, with TV lounge, gymnasium storage and laundry.

As mentioned the property is versatile due to its open plan layout and other uses could be considered subject to the necessary planning permissions.

For Sale - Investment/Development Opportunity With Full Planning For A 20 Student Bedroom Property

FOR SALE - INVESTMENT/DEVELOPMENT OPPORTUNITY WITH FULL PLANNING FOR A 20 BED STUDENT ACCOMMODATION DEVELOPMENT

More Information

Ground floor 168.8 sq m 1816 sq ft GIA

First floor 164.7 sq m 1773 sq ft GIA

Second floor 68.8 sq m 740 sq ft GIA

Basement 74.6 sq m 803 sq ft GIA

Business Rates

Enquiries regarding the rateable value and details of precise amounts payable should be directed to the relevant Local Authority.

Proposed Terms

Offers in the region of 375,000

Legal Costs

The ingoing purchaser will be responsible for their own legal costs incurred in connection with this transaction together with any Stamp Duty and VAT where applicable.

Vat

All offers where made silent of VAT are deemed to be made exclusive thereof.

Notes

All measurements are approximate and are for guidance purposes only.

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