Key Information
- 0.26 Acres (0.11 Hectares)
- Planning Consent for the development of 62 student studio flats
- City centre location close to Leicester's award winning universities
- Freehold Price: £1,200,000
- £1,200,000
A unique courtyard development site which extends to some 0.26 acres (0.11 hectares), upon which currently comprises an array of buildings and yard space. A permanent right of way approaches the site via the arch on the Welford Road elevation. Planning consent has been granted for the demolition of most of the existing buildings, and the development of a purpose-built student accommodation scheme comprising the following:
Location
The site lies to the rear of 100 Welford Road via an archway, close to its junction with Regent Road, approximately half a mile in distance from Leicester City Centre. The site is located in a mixed commercial and residential area, equidistant from both of Leicester's award winning Universities, University of Leicester and De Montfort University, as well as Leicester Royal Infirmary. The site benefits from of the usual amenities associated with an established city centre.
VAT
All figures quoted are exclusive of VAT.
Services
Interested parties are suggested to make enquiries with the utility companies over the availability of services. Notwithstanding this, all mains services are presently connected to the site.
Legal Costs
Each party is to bear their own legal costs incurred.
Planning
Planning consent has been granted for the development of 62 self-contained student studio flats (Suis Generis): This will comprise the demolition four buildings and the construction of part a three, four storey and five storey building with basement encompassing 58 student studio flats (Suis Generis) and a single storey building for a security office, cycle and bin store, whilst two of the exisiting buildings will be converted to provide 4 further self-contained student studio flats. Full information on planning is available on request, or can be obtained via the Leicester City Council Planning portal under the planning application number: 20200936. Planning Register - Leicester City Council.
Viewing
Viewings are by appointment with sole agents Innes England.