Residential Development - Commercial Property
Former Water Tower and Land
Goldstraw Lane, Newark, Nottinghamshire, NG24 3FD
Sold for £145,000
A Former Water Tower with Land Measuring Approximately 0.37 Acres. Offered With Planning Permission for Conversion to Provide Two Apartments together with 11 Additional New Build Apartments.
"conversion of existing Water Tower into 2 dwellings (apartments), with 11 additional new build apartments on the same site."
There is a document on the planning portal which suggests the section 106 contribution will be £42,968. This is merely a recommendation and the Newark planning department have confirmed that this is not applicable for the development. There is also no affordable housing allocated to the site and no CIL paymet due.
The site also has lapsed planning consent for the proposed conversion and extension of the building to create a restaurant and bar (A3 and A4 Use).
Additional Fees and Disclaimer
Administration charge: £1,200 including VAT unless otherwise stated in the addendum.
Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.
Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.
Enquire about Former Water Tower and Land, Goldstraw Lane, Newark, Nottinghamshire, NG24 3FD
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