Guide Price £550000

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Guide Price £550,000

Development site, High Street, Measham, Leicestershire, DE12 7JB A development opportunity comprising part conversion and part new build with the benefit of Full planning for 8 dwellings.

Total site area of approximately 0.5 acres. Full plans available on request with accommodation comprising 3 houses in the former pub (2 x 3bed and 1 x 2 bed – Could be 3 bed) and 5 new build comprising 1 x 4 bed Det., 2 x 2 bed SemiDet. and 2 x 2/3 bed Semi-Det.). Work has commenced on the conversion, with new roof trusses, felt and tiles to the main building, shell finish internally and some stud work and staircases are fitted.

Location Measham is a large village in Leicestershire, lying close to the borders of Derbyshire, Staffordshire and Warwickshire, just off the A42, 4.5 miles (7.25 km) south of Ashby-de-la-Zouch (the closest town), and within the National Forest. Measham is situated in the middle of a triangle with Leicester 20 miles to the East via the A50, Tamworth 17 miles to the South West via the M42 and 24 miles to the North via the M42. Property Description Offered for sale is the former public house (Swan Inn), and surrounding land. With planning approved for the conversion of the existing building into 3 dwellings and the land comprising 2 pairs of semi detached properties and a detached property. Conversion has been started and the old building has been totally stripped out to a shell finish including new Roof trusses, Felted and re tiled. All new floor joists and Flooring. New Stairs and some stud works commenced. The barn/garage has already been demolished including rear extensions to the existing building in accordance with the planning applications. Accommodation The 8 plots comprise as follows:The original Swan Pub converts into 2 x 3 bed (1,506 Sq Ft and 1,076 Sq Ft) plus a 2 bed (742 Sq Ft) with potential to add a further bedroom by adding a dormer window (will require PP and reduces 1.076 to 930 and increases 742 to 888 Sq Ft) New Builds - 1 x Detached 4 bed (1,291 Sq Ft) and 2 Semi Detached 2 bed @ 837 Sq Ft and 2 Semi det. 2/3 bed @ 860 Sq Ft) Services We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent. Terms Offered for sale freehold on an unconditional basis with the benefit of full planning permission. Rates Rates will be re assessed for council tax banding once the dwellings are built. VAT Although the property was believed to be VAT elected, this would only apply to being used as a commercial dwelling. We understand the VAT has been exempt using VAT form 1614d. Legal Costs Both Parties will be responsible for their own legal costs Viewing Viewing is strictly by prior appointment via the sole agents Moores Commercial Tel: 01664 431330 or via email [email protected] Parking There are 20 spaced designed in the scheme with 2 allocated to the conversion and the Semi's, 3 allocated to the detached and 3 visitors spaces. Planning Two planning applications 14/00633/ful - Demolition of existing garage and erection of 5 dwellings with parking 16/00326/ful - conversion of former public house to form 3 dwellings including demolition of rear extensions and erection of a detached dwelling and parking Other Finance may be available through Independent Financial Brokers and Moores Commercial would be please to make an introduction for you. The Brokers are completely Independent of Moores Commercial and will offer confidential, unbiased advice regulated by the Financial Authorities. Please ask for further details.

Contact Details 36 High Street Oakham Rutland LE15 6AL www.moorescommercial.com

Email: [email protected] Tel: 01664 431330 %epcGraph_c_2_210% Important; we would like to inform prospective purchasers that these sales particulars have been prepared as a general guide only. A detailed survey has not been carried out, nor the services, appliances and fittings tested. Room sizes should not be relied upon for furnishing purposes and are approximate. If floor plans are included, they are for guidance only and illustration purposes only and may not be to scale. If there are any important matters likely to affect your decision to buy, please contact us before viewing the property.