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Residential Development Opportunity For Sale

Melksham, Wiltshire, UK
Asking Price:
£750,000
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

• Residential development opportunity
• Full planning consent granted
• Prime central location
• Sale or rental market
• 9 x 1-bedroom flats
• 1 x penthouse 2-bedroom flat
• Estimated £250k - £270k conversion costs
• Ideal instant development potential

Location
This superb business opportunity is ideally situated in Melksham, Wiltshire, on a plot on the A350, one of the main access roads into the town centre. Surrounded by retailers including Aldi, McDonalds, Asda, and with the railway station just a ‘stones throw’ away, the location is a popular commuter residential area with a number of residential developments in the vicinity.

Business
Chaplin Bond are delighted to be able to offer for sale this residential property, already with planning approval granted for nine 1-bedroom flats and one 2-bedroom penthouse and previously run as a guest house. The development would suit either the sellers or rental market and all plans are available for viewing if required. Full conversion costs are estimated between £250,000 and £270,000, however it is considered that an established developer would be able to reduce these costs considerably. Additional information available from Chaplin Bond.

Business Points
• Prime location
• Largely developed area – residential and commercial
• Superb commuter location
• Former guest House
• Full plans and consents available
• Additional information from Chaplin Bond

Property Information

Property:

Freehold

Location:

This superb business opportunity is ideally situated in Melksham, Wiltshire, on a plot on the A350, one of the main access roads into the town centre. Surrounded by retailers including Aldi, McDonalds, Asda, and with the railway station just a ‘stones throw’ away, the location is a popular commuter residential area with a number of residential developments in the vicinity.

Premises Details:

• Prime location
• Largely developed area – residential and commercial
• Superb commuter location
• Former guest House
• Full plans and consents available
• Additional information from Chaplin Bond

Contact Information

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