FOR SALE FREEHOLD
– Residential Development Site
– POTENTIAL FOR MIXED RESIDENTIAL AND/OR COMMERCIAL DEVELOPMENT S.T.P
– Milton Road South, Stowmarket IP14 1EZ
- Development Site With The Benefit Of Outline Planning Permission For 13 Apartments
- On A Site of 0.185 Of an Acre
- Potential for alternative commercial uses subject to planning
Milton Road South, Stowmarket, Suffolk IP14 1EJ
- Guide Price: £250,000 Plus VAT Freehold S.T.C
- FOR SALE BY Private Treaty
Stowmarket is situated mid-way between Ipswich to the South East and Bury St Edmunds to the West. Close to the A14, a small market town with excellent accessibility to the motorway network.
In addition, the town benefits from a railway station to London Liverpool Street, circa 1 hr 25 mins.
The site is located immediately to the West of the town centre within walking distance of the railway station and town centre facilities. Benefiting from main road frontage on to the busy Gipping Way (A1308) and adjacent to the Junction with Navigation Approach
Adjacent is the busy B&M Bargains Store and Customer Car Park
The site is rectangular in shape enjoying elevated frontage to Gipping Way (the inner relief road) and Milton Road South with access to the car park and B & M store. TOWN PLANNING
The site has the benefit of planning permission for 3/4 storey residential development providing 13 apartments - 1 X three-bedroom apartment 3 X two-bedroom apartments and 9 X one-bedroom apartments. Application Number:3208/15. https://planning.baberghmidsuffolk.gov.uk/online-applications/simpleSearchResults.do?action=firstPage
In addition, there is a Section 106 agreement for the provision of contributions totalling £15,919, subject to the BCIS increase.
Further details can be provided.
Our Clients advise that the planning application has been implemented.
Due to the strategic location of the site, within close proximity to Stowmarket Town Centre, prominent main road frontage along the busy A1308, the access to B & M Bargains and Milton Road South and being adjacent to B & M Bargains Store and Car Park we believe the site has excellent potential for alternative commercial/retail uses or mixed commercial and residential development subject to planning. SERVICES
SERVICES GUIDE PRICE
£250,000 plus VAT subject to contract, Freehold VIEWING
By appointment with sole agents Messrs Nicholas Percival, for the attention of Tom Noble - 01206 563222