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38-40 High St 2,500 sq ft Industrial Property Collingham NG23 7LA £285,000 (£114/sq ft)

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INVESTMENT HIGHLIGHTS

  • Development Opportunity
  • A1 Access Points 4 miles
  • Full Planning Permission Granted

EXECUTIVE SUMMARY

An exciting development opportunity with full planning permission for conversion of the existing brick building to two apartments, demolition of the timber building and erection of two dwellings and detached garage building. The site is a broadly rectangular plot of approximately 600 sq.m with frontage to the High Street. The site is located within the Collingham Conservation Area with generally high value houses, cottages and individual properties within the immediate vicinity. The creation of four imaginatively designed properties will undoubtedly result in a substantial gross development value and a wide reaching market for investment, down-sizing, first time buyers and high income couples.
The flats, in a two storey detached two bedroomed house, provide a gross internal area of 77.6 sq.m (835 sq.ft). The two storey detached two bedroomed house provides a gross internal area of 69.2 sq.m (744 sq.ft) and the two duplex apartments each provide 59.15 sq.m (636 sq.ft).

PROPERTY FACTS

Price £285,000
Price per sq ft £114
Sale Type Investment
Sale Condition Redevelopment Project
Tenure Freehold
Property Type Industrial
Property Subtype Warehouse
Costar Property Class C
Total Plot Size 0.07 ac
Net Internal Area (NIA) 2,500 sq ft
No. Floors 1
Year Built 1997
Tenancy Single
  • Listing ID: 37498007

  • Date on Market: 01/09/2025

  • Last Updated:

  • Address: 38-40 High St, Collingham NG23 7LA

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