Former Ivy Leaf, 2296 Coventry Road, Sheldon, Birmingham, West Midlands, B26 3JR

GBP 1250000 For Sale

Property Details

Property Type

Ask agent

Description

Property Details: • Type: Ask agent • Tenure: N/A • Floor Area: N/A

Key Features: • Prominent main road frontage • Former social club with car park set on 0.75 acre • Planning consent for 50 apartments, a ground floor retail unit and associated parking • Potential for other uses (subject to consent) • Freehold

Location: • Nearest Station: Marston Green Station • Distance to Station: 1.4 miles

Agent Information: • Address: 1st Floor 75-77 Colmore Row Birmingham B3 2AP

Full Description: For Sale by private treaty.

£1,250,000 plus (plus fees). The property is due to be offered for sale by auction on December 11th 2024, although pre auction offers may be considered.

A Freehold Residential Development Opportunity on 0.75 Acre with Planning Consent for 50 Apartments

The site currently consists of a former social club building, featuring a combination of architectural elements. The structure includes both a three-storey and a single-storey section, constructed with masonry materials. The building is characterised by a mixture of flat and barrel-vaulted roofs, contributing to its distinctive design. The multi-level configuration offers flexibility for redevelopment, while the existing structure provides a solid foundation for potential conversion or expansion. Given its current state, the site presents significant opportunities for repurposing or redevelopment, subject to planning consents.

Accommodation The existing building measures approximately 14,646 ft2 (1,361 M2).

Location The site is located fronting the Coventry Road (A45) in the Sheldon area of Birmingham. The location provides easy access to Birmingham International Airport and Train Station, the National Motorway Network at M42 junction 6 and arterial access to both Birmingham city centre, Coventry city centre and Solihull town centre. In addition to its direct transport links to Birmingham city centre & Solihull, future plans include sprint network routes to HS2, making journeys to London in just 49 minutes. Sheldon retail park is located within walking distance of the site and is anchored by Marks & Spencer Food and Morrisons with additional occupiers including B&M, The Gym Group.

Size A site area of approximately 0.75 acres

Tenure Freehold

Planning Under application number 2021/06275/PA, planning consent was granted for the demolition of the existing structures and the creation of 50 apartments, a ground floor retail unit and associated parking.

VAT We are advised that VAT is not applicable.

Services Mains services are understood to be available in the vicinity of the site, but prospective buyers should make their own independent enquiries as to the suitability of services for their particular requirements.

EPC Available upon request.

Legal Costs A full legal pack will be available to view via the auctioneer's website, bondwolfe.com

Anti Money Laundering In accordance with anti-money laundering regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.

Location

Address

Former Ivy Leaf, 2296 Coventry Road, Sheldon, Birmingham, West Midlands, B26 3JR

City

West Midlands

Features and Finishes

Prominent main road frontage, Former social club with car park set on 0.75 acre, Planning consent for 50 apartments, a ground floor retail unit and associated parking, Potential for other uses (subject to consent), Freehold

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Real Estate Broker
Bond Wolfe, Commercial Sales
Brokerage
Bond Wolfe, Commercial Sales
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