* Freehold
* Freehold development opportunity for sale
* Vacant 2nd floor offices & airspace
* Application pending for 2 additional floors
* Seller to retain ground & first floors
* New floors to comprise 6 flats
* Oieo £750, 000 F/H
Stamford House offers investors and developers the opportunity to acquire a
freehold interest subject to full planning permission for the creation of two
new floors comprising six generously proportioned 1 bedroom apartments. Our
vendor will retain the ground and first floor offices on a virtual freehold
for the continued operation of his business. The new residential floors will
sit above the existing mansard second floor, which will need to be altered to
support the new residential floors. The buyer will therefore ultimately
acquire c135sqm of 2nd floor office space, and the airspace for the additional
floors. The upper parts will benefit from a dedicated entrance from the ground
floor and six parking spaces. The finished flats will prove ideal for first
time buyers, or investors may wish to retain the development and take a
healthy rental income. Further potential may exist for the conversion of the
second floor offices to residential. Alternatively, our client will retain the
second floor offices after alteration.

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