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For Sale Development

Part Completed Office to Residential Conversion (52 Units) Aldwych House, 57 Bethel Street, Norwich, NR2 1NR

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1,924.3 Sq M (20,714 Sq Ft) 0.124 ha (0.31 acre) site Potential for reconfiguration (STP) Desirable town centre location

Lambert Smith Hampton Carlyle House, Carlyle Road, Cambridge CB4 3DN T +44 (0)1223 276336

Aldwych House, 57 Bethel Street, Norwich, NR2 1NR

Location

The property is situated on the south side of Bethel Street in Norwich town centre. This is an attractive residential location being approximately 300m west of the prime retail area of Gentleman’s Walk and the town centre offering a range of shopping, amenity and community facilities. Norwich University of the Arts is less than 10 minutes walk away. The green spaces of Chapelfield Gardens are directly to the rear of the property and the immediate local area is of mixed-uses with both residential and commercial properties including The Forum, which is home to Norwich Library and BBC East. Norwich Station is less than 1 mile to the east with a fastest journey time to London Liverpool Street Station of approximately 1 hour 55 minutes. Major roads serving the City are the A47 which provides access to Great Yarmouth to the east and King’s Lynn to the west, and the A11 which provides access to Cambridge, the A14 and M11.

Description Prior to redevelopment of the property Aldwych House comprised a self-contained office laid out over basement, ground and two upper floors, part of which was constructed in the late 1950’s, with a substantial rear extension in the late 1970’s. The building is of brick elevations beneath a pitched roof to the front section and a flat roof and rendered elevations to the more modern rear section. There is a lightwell throughout the building to basement level and a passenger lift providing access to all floors. The conversion of the building into 52 units comprising 48 one bedroom and 4 two bedroom apartments in accordance with the permitted development rights has commenced. Construction of the internal walls yet to be completed on the basement, ground and first floor and a new pitched roof to the front and flat roof to the rear also part is all completed. Externally, a new sub-station is to be built to the rear in an area previously used as a car park, while new party walls and landscaping are yet to be completed.

Accommodation We have had sight of plans for the proposed development which detail the gross internal areas of the 52 units, but not communal parts. Development Basement Ground First Second Total

Sq ft 2,959 6,192 6,192 5,369 20,712

Sq m 274.9 575.3 575.3 498.8 1,924.3

VAT All prices, premiums and rents etc. are quoted exclusive of VAT at the prevailing rate. Legal Costs Each party to be responsible for their own legal costs incurred in any transaction. Business Rates We have made enquiries of the Valuation Office Agency and understand the property is not included in the 2010 Rating List following removal in May 2014. Site Area Approximately 0.31 acres (0.12 ha). Price Unconditional offers are invited for the freehold interest.

Aldwych House, 57 Bethel Street, Norwich, NR2 1NR

Planning We are aware of the following planning history relating to the property: Prior Approval for a change of use from offices (Class B1a) to 18 No. Flats (Class C3) (ref: 13/02084/PDD) was granted on 6 Feb 2014. Consent to create 4 apartments, and alterations to roof, rear and second floor extension and external alterations to the building including new window opening (ref: 14/00630/F) was granted on 11 Sep 2014. Prior Approval for the change of use and conversion of offices (Class B1) to provide 48 flats (Class C3) (ref: 14/01472/PDD) was provided on 26 Nov 2014. We understand that this proposed conversion does not include the four units’ approved under application 14/00630/F. Following the above prior approval there have been a number of additional approved applications relating to the external appearance of the building, roof lights, rear windows, sun tubes and external boundary walls etc. It is considered that subject to obtaining the necessary approval the layout of the proposed units could be reconfigured to provide an improved mix of sizes and bedroom numbers. It is considered that due to the existing approvals there would be limited risk in achieving such a revised approval. All interested parties must undertake their own enquiries and satisfy themselves of all matters. Further enquiries should be directed to Norwich City Council.

Viewing and Further Information Viewing strictly by prior appointment with the sole agent: Nick O’Leary Lambert Smith Hampton 01223 814256 07725 372577 [email protected]

Mike Wilson Lambert Smith Hampton 01223 814261 07979 620650 [email protected]

Aldwych House, 57 Bethel Street, Norwich, NR2 1NR Front of Building

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Back of building

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Aldwych House, 57 Bethel Street, Norwich, NR2 1NR Site Plan

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August 2016 © Lambert Smith Hampton Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.