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INVESTMENT HIGHLIGHTS
- The site is sandwiched between existing buildings in a developed area.
- Exciting development opportunity for residential use
- The property is for sale by private treaty.
EXECUTIVE SUMMARY
George F. White are pleased to present this residential development opportunity in Armley, Leeds. Extending to 0.28 Acres (0.11 Hectares), the site is sandwiched between existing buildings in a developed area. Offers are invited for the freehold / leasehold interest on a conditional basis subject to planning consent.
The site is currently occupied by a garage workshop and disused commercial buildings. The property is bordered by residential development on the North, West and South boundaries, and potential further development land to the East.
Planning
The site comprises previously developed land located within the built up area of Armley. The land is not allocated for development and therefore would be subject to consideration against relevant local plan policy. Given the location and nature of the site it is anticipated the principle of redevelopment may be acceptable, subject to further assessment of other relevant material considerations including, but not limited to heritage and highways impact. The site has previously had a planning application for the erection of 5 town houses, each of 3 storeys with a single internal garage. Permission for this was granted on the 21st April 2009.
The site is currently occupied by a garage workshop and disused commercial buildings. The property is bordered by residential development on the North, West and South boundaries, and potential further development land to the East.
Planning
The site comprises previously developed land located within the built up area of Armley. The land is not allocated for development and therefore would be subject to consideration against relevant local plan policy. Given the location and nature of the site it is anticipated the principle of redevelopment may be acceptable, subject to further assessment of other relevant material considerations including, but not limited to heritage and highways impact. The site has previously had a planning application for the erection of 5 town houses, each of 3 storeys with a single internal garage. Permission for this was granted on the 21st April 2009.
PROPERTY FACTS
| Price | $604,472 CAD | Lot Size | 0.24 AC |
| Price Per SF | $148.92 CAD | Rentable Building Area | 4,059 SF |
| Sale Type | Investment | No. Stories | 1 |
| Sale Condition | Redevelopment Project | Year Built | 1960 |
| Tenure | Freehold/Long Leasehold | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 5.42/1,000 SF |
| Price | $604,472 CAD |
| Price Per SF | $148.92 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Tenure | Freehold/Long Leasehold |
| Property Type | Industrial |
| Lot Size | 0.24 AC |
| Rentable Building Area | 4,059 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Tenancy | Single |
| Parking Ratio | 5.42/1,000 SF |
AMENITIES
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MATTERPORT 3D EXTERIOR
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30 Tower Ln
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