£1,800,000
Long Street, Wigstone, Leicester, LE18
- 0 beds
£1,800,000
- 0 beds
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PART BUILT RESIDENTIAL DEVELOPMENT FOR SALE ON BEHALF OF MORTGAGEES IN POSSESSION
A part-built residential development opportunity in Wigston, Leicester, South Wigston Station (East midlands Railway) is located 1.3 miles from the property.
Planning was approved in 2016 for the change of use of the existing storage and distribution building to 27 apartments
(Use Class C3) Oadby & Wigston Borough planning ref: 15/00406/FUL.
The approved scheme will comprise 5 x studios, 17 x 1 bedroom & 5 x 2 bedroom.
The Net-Saleable Area for this consented element of the scheme measures 12,712 sqft.
A further consent was approved in 2022 for 28 flats in the existing building plus the erection of 3 apartments at roof level including an roof extension to the existing building. Oadby & Wigston Borough planning ref: 20/00337/FUL.
The total Net-Saleable Area of the combined consented schemes (totalling 31 units) is 15,579 sqft.
We understand the development is approximately 70% completed and 28 apartments have been completed to shell & core.
The site is for sale on behalf of the mortgagees in possession.
Vacant possession.
Freehold.
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