Property description
A current garage site circa. 0.22 acres comprising 17 lock up garages providing an income of £8,840 per annum with PLANNING PERMISSION granted for demolition of existing garages and erection of FIVE DWELLINGS (Granted by Dudley Metropolitan Borough Council, Deposited on 30th July 2014, Application No: P14/1060). Located on a well regarded residential road within ideal proximity to amenities via Shell Corner, access to Birmingham City Centre and Junction 2 M5.
Summary of Planning
The development has full planning approval from Dudley Council for the re-development of the existing lock up garage yard for the construction of five residential dwelling houses;
Plot One
A three bedroom Semi Detached comprising; reception hall, downstairs W.C., kitchen, living room, three bedrooms, first floor bathroom, rear garden and allocated parking space. Circa 88 sq m (947.22 sq f).
Plot Two
A two bedroom Semi Detached comprising; reception hall, downstairs W.C., kitchen, living room, two bedrooms, first floor bathroom, rear garden and allocated parking space. Circa 75 sq m (807.29 sq f).
Plot Three
A two bedroom End Terrace comprising; reception hall, downstairs W.C., kitchen, living room, two bedrooms, first floor bathroom, rear garden and allocated parking space. Circa 75 sq m (807.29 sq f).
Plot Four
A two bedroom Mid Terrace comprising; reception hall, downstairs W.C., kitchen, living room, two bedrooms, first floor bathroom, rear garden and allocated parking space. Circa 75 sq m (807.29 sq f).
Plot Five
A three bedroom End Terrace comprising; reception hall, downstairs W.C., kitchen, living room, three bedrooms, first floor bathroom, rear garden and allocated parking space. Circa 88 sq m (947.22 sq f).
Income from Current Garage Site
We understand verbally from our client that as of the date of production of particulars, the 17 garages are currently fully let producing an income of £10 per week per garage.
Property Features :
- Development Opportunity
- Planning Permission for 5 Dwellings
- Currently Garage Site with 17 Garages earning £8,840 per annum
- Circa. 0.22 Acres
- Convenient and Residential Location