Commercial property for sale in The Eden Complex, Canongate, Telford, Shropshire TF2, £1,250,000

1,250,000.00

Offer Nr.:
64325184
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Andrew Dixon and Co
Phone(s):
01952 476852

* Planning consent for 70 residential flats
* No affordable housing or cil payment
* Ideal for Housing Association
The property comprises a self - contained development site of approximately 0. 85
acres (0. 34 hectares), which enjoys a prominent roadside position. The site
currently incorporates a detached two - storey commercial warehouse building and
substantial car park to the front and side.
The existing building is a former nightclub and snooker hall arranged over two
floors. The site is currently utilised as a car wash with car parking spaces
for in excess of 100 cars on a short term flexible lease.
The property has planning permission for the demolition of the existing
building and the construction of a five storey apartment block providing 53
one - bedroom apartments and 17 two - bed apartments. It is proposed that the
building will incorporate 70 indoor car parking spaces at ground floor level
with the living accommodation arranged over the upper floors. There will also
be up to 91 external car parking spaces on site.
**Location**
The property is located on Canongate, on the edge of Oakengates town centre.
Oakengates is a busy district centre and market town, which lies in a central
position within Telford New Town.
Oakengates enjoys excellent road connections, being within 0. 5 miles of the
A442 Queensway dual carriageway, the main north/south distributor road through
Telford, and the M54 motorway and Telford Town Centre are approximately 1 mile
away.
The property is situated on a corner plot adjacent to the Royal Mail sorting
office, a short distance from the Greyhound Roundabout on the A442. It is also
a short walk away from both Oakengates train station and the district centre.
**Planning**
The property has planning permission twc/2019/0806 for the demolition of the
existing building and the erection of a five - storey block of 70 residential
flats with associated car parking. Interested parties are advised to make
their own enquiries with the Local Planning Authority in this regard.
**Tenure**
The site is available to purchase freehold with vacant possession upon
completion.
**Local Authority**
Telford & Wrekin Council, Darby House, Lawn Central, Telford, TF3 4JA - Tel:
**Rateable value**
The existing commercial building has a rateable value of £34, 850 in the 2017
rating list, however business rates will not be applicable once the site has
been redeveloped.
**Energy Performance Certificate**
The existing commercial building has an Energy Rating of C(56).

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