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).
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.
Enquire about Former Water Tower and Land, Goldstraw Lane, Newark, Nottinghamshire, NG24 3FD
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