Vicar Street, Kidderminster, Worcestershire, DY10

£450,000

For Sale by Private Treaty. Vacant premises previously used as offices with potential for residential conversion . These premises provide an ideal investment opportunity as they come with two separate layouts, providing much opportunity and flexibility to a prospective purchaser. Planning permission was previously approved for a change of use to create 24 self-contained apartments, however this has now expired. There is currently planning permission for a large House in Multiple Occupation to include 38 no. en-suite bedrooms. Front access to the premises is from Vicar Street and rear access on to Crown Lane. Leasehold term 999 years. *VAT will be charged on the sale price for these premises* Full Plans for all applications can be viewed on the Wyre Forest District Council website or contact Doolittle & Dalley on 01562 821600. Further pictures can be seen online www.doolittle-dalley.co.uk

Plans For 24 Self Contained Apartments (Now Expired) (Now expired)
Planning permission was granted for 24 self contained apartments in two parts. 17-20 Vicar Street has planning permission granted for 12 no. apartments including new access and bin/cycle store. Planning Application reference: 20/0134/FUL Full Plans and specification can be obtained from the Wyre Forest District Council website. https://planningpa.wyreforestdc.gov.uk/online-applications/applicationDetails.do?keyVal=Q5YLYWSIFTB00&activeTab=summary 21-25 Vicar Street had planning permission granted for an erection of roof extension to provide third floor, conversion of existing first and second floors and new third floor to provide 12 no. apartments, with access and bin/bike store. Planning Application reference: 20/0146/FUL Full Plans and specification can be obtained from the Wyre Forest District Council website. https://planningpa.wyreforestdc.gov.uk/online-applications/applicationDetails.do?keyVal=Q625R3SIFTX00&activeTab=summary

Plans for HMO (38 En-Suite Beds) (Current Planning Permission)
Planning permission has been granted for a change of Use from offices to a Large House in Multiple Occupation to include 38 no. en-suite bedrooms, 6 x communal kitchen areas, cycle storage and bin store. Erection of an additional storey to part only of property. Planning Application Reference: 22/0317/FUL Full Plans and specification can be obtained from the Wyre Forest District Council website. https://planningpa.wyreforestdc.gov.uk/online-applications/applicationDetails.do?keyVal=RA7RH6SIJP500&activeTab=summary

V.A.T Payable
V.A.T. will be charged on the purchase price.

Class Use E


Tenure Possession
The property is leasehold with vacant possession upon completion. Lease Term 999 years. Service charge and ground rent to be advised.

Services
We have not tested any apparatus, fixtures, fittings or services and we cannot verify that they are in working order, correctly installed or fit for the purpose. Prospective purchasers are advised to obtain verification from their solicitor, surveyor or specialist contractor as appropriate.

Fixtures Fittings
Any fixtures and fittings not mentioned in these sale particulars are excluded from the sale.

Viewing
By prior appointment with Doolittle & Dalley 01562 821600.

Reference: RDH.lp.150224


Anti-Money Laundering Regulations
In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, the successful purchaser will be required to provide satisfactory evidence of identity and the source of funds before the sale can proceed. This is a legal requirement. A charge of £45 (inclusive of VAT) will be payable by each buyer (and anyone providing a gifted deposit) to cover the cost of undertaking these anti-money laundering checks.

Valuation Advice for Prospective Purchasers
If you have a property to sell we can provide you with a Free Market Appraisal and marketing advice without any obligation.

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