Freehold, with no occupational tenancies.
The adjoining site is subject to one occupational tenancy of part of the site for a telecommunications mast. The tenant has received a Tomlin Order dated 28 July 2020 ordering them to exit the site and provide vacant possession by no later than 23:59 on 30 June 2021.
The first phase has been successfully developed by the Vendor and comprises six ground floor retail units, all let and anchored by the Co-Op, and nine first floor flats. The second phase and subject site, comprises three blocks of residential flats (E, F & G) with associated parking, circulation and landscaping areas. A total of 53 units are provided within the three blocks, each of which are arranged over four floors.
The Vendor will be retaining the land associated with Block D and existing workshop in order to develop further retail units and associated car parking.
There are no affordable housing or CIL contributions required under the current planning consent.