This property has been taken off the market.

House For Sale Aldermans Green Road, Coventry, CV2

£250,000

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Last Updated: 28th March 2024

Description

For Sale by private treaty.

Offers based on £250,000 are invited for the Freehold interest on both a conditional or a subject to planning basis.

Freehold Residential Development Opportunity

The site comprises an irregular shaped parcel of land, extending to 0.24 acre or thereabouts. Previously housing a public house, the site is now clear of any structures and provides development potential for a variety of schemes, including residential, for which there is an historic lapsed outline planning consent .

Location
The site occupies a prominent location on Alderman's Green Road at the junction with Almond Tree, approximately 3.5 miles north of Coventry City Centre.
Wyken Slough nature reserve lies within walking distance along with local bus routes and Coventry Arena station is just 1 mile away.
Junction 2 of the M6 and M69 are circa 2.5 miles to the east , providing convenient access to Birmingham, Rugby, Leamington Spa, Nottingham, Tamworth, and Stratford upon Avon. Birmingham airport is approximately 10 miles to the north-west.



Tenure
Freehold. All that freehold property known as land on the south side of Alderman's Green road, Coventry registered under title number WM747693.

Planning
Under application number R/2003/2660, the site previously benefited from outline planning
consent , and the site is considered ideal for development in this regard. The seller has been
given positive feedback from the local planning authority and further enquiries regarding any
intended use can be made to Coventry City Council planning department at Email: or Tel:

VAT
We are advised that VAT is not applicable.

Services
We have been informed that all mains services are connected to the site, but prospective purchasers should still make their own independent enquiries as to the suitability of the services for their particular requirements.

Legal Costs
Each party are responsible for their own legal costs that may be incurred in this transaction.

Anti Money Laundering
In accordance with anti-money laundering regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.
Agent Details
Bond Wolfe
1st Floor 75-77 Colmore Row Birmingham B3 2AP

Investment Analysis

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Potential Return-on-Cash Invested