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Barrack House, The Barracks, Barwell, LE9 8EF

0.48 acres / Land / Residential

For Sale - £599,950.00

Available - Last updated: 21 April 2020

**We are advised that there are no pre-commencement conditions, no CIL and no S106 payments to be made prior to commencement of works.**
 
We are pleased to offer a site with planning permission for the part demolition of the existing factory and conversion to 4 no. two bedroom apartments and erection of 4 no. two bedroom houses and a further 9no. two bedroom apartments.
 
Planning permission was granted at appeal (Appeal Ref: APP/K2420/W/19/3226202) on 5 August 2019.
 
The site area is 0.48 acres (0.19 hectares)

Location

The site is situated on a quiet cul-de-sac, The Barracks, on the fringe of Barwell village centre, within close proximity to the various amenities within the village centre. Buses run at a frequency of 10 minutes throughout the day to Leicester, Coventry, Nuneaton and Hinckley. The nearest bus stop is less than 200m from the subject site providing excellent commuting options.
 
Barwell is a village (population 9,000) lying approximately 2¾ miles from the market town of Hinckley. The A47 provides access to Leicester approximately 10 miles to the north east. Junction 2 of the M69 Motorway at Sapcote is approx. 2.5 miles from Barwell and provides access to Junction 21 of the M1 Motorway at Leicester and, in turn, and the wider national motorway network.

Accommodation

The site comprises a former factory premises with planning permission for the part demolition of the existing factory and conversion to four 2-bedroom apartments and erection of four 2-bedroom houses and a further nine 2-bedroom apartments.
 
The existing building comprises a former shoe factory of traditional brick construction along with two 1930s extensions of concrete frame construction. There is an extensive yard area to the side elevation, adjacent to the factory buildings, which is block paved. Various roller shutter doors provide access to the property which also benefits from two pedestrian doors fronting on to The Barracks. The site benefits from a level surface and is secured with palisade fencing and gates.

Terms

Offers in the region of £599,950 are sought for the benefit of the freehold interest in the site.

Each party to bear their own costs.

Specification

Planning Permission

Planning permission was granted at appeal (Appeal Ref: APP/K2420/W/19/3226202) on 5 August 2019 for the proposed development.

**We are advised that there are no pre-commencement conditions, no CIL and no S106 payments to be made prior to commencement of works.**
 
All planning documentation is available for viewing upon request.
 
 
Proposed Development
 
The approved plans retain a proportion of the original Victorian factory building and remove the 1930s extensions, the boiler house and chimney and the extended loading bay at the rear of the site. Four units are located within the converted original factory building with the remaining thirteen units being of new build construction.
 
All units are two bedroom and overall the development provides 10,301 sq ft (957 sq m) of residential accommodation. 
 
The completed development will benefit from 26 car parking spaces (1.5 spaces per dwelling) and cycle storage.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Freehold £599,950.00 NA

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Harry Ward

Wards Commercial

01455 870320



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