Property Details: • Type: Plot • Tenure: FREEHOLD • Floor Area: N/A

Key Features:

Location: • Nearest Station: Sutton Coldfield Station • Distance to Station: 0.08219445116158626 miles

Agent Information: • Address: 18th Floor 103 Colmore Row Birmingham B3 3AG

Full Description: This site has the benefit of an outline planning consent granted under planning reference 2022/02480/PA. <br /><br />Site Area: 0.31 Acres<br />Proposed Building Area GIA: circa 55,922 sq ft<br />Proposed Building Residential Area NIA: circa 37,350 sq ft<br />Proposed Building Commercial Area GIA: circa 7,858 sq ft<br /><br />The site lies along Lower Parade, which is located within the Centre of the Royal Town of Sutton Coldfield. <br />The site is offered on a freehold basis, which has been predominantly cleared ready for development.<br />This site has outline planning consent, subject to conditions for the development of up to 55 residential apartments – 19 x 1 bed and 36 x 2 bed (Use class C3) and up to 730 sqm commercial floor space (Use class E), together with associated car parking and service areas (access, layout and scale not reserved).<br /><br />The proposed scheme ranges from 6-8 storeys in height.<br /><br />S106: There are to be 6 affordable units (Low cost housing units) being a discount to the open market value - please see further details in the brochure. <br /><br />CIL: CIL is applicable in this location<br /><br /><br />Tenure – Freehold. <br />VAT - VAT will be chargeable at the prevailing rate. <br />Services – All services are available to the site. However, it is the responsibility of the purchaser to ensure that services are available and adequate<br /><br />The site is being sold via public treaty.<br /><br />Offers will be considered on both a conditional and unconditional basis. Prospective purchasers are to provide the following with their offer: <br /><br />Proof of funds <br />Track record<br />The conditions (if any) attached to the offer<br />Timescales proposed<br /><br />Offers are to be submitted with any supporting information to:<br />Will Jordan – Will. <br />Charlie Steele - Charlie. <br /><br />The property may be inspected strictly by prior appointment through the vendor's selling agents, Knight Frank LLP. <br />Under no circumstances must any visits be made to the property without prior authorisation.<p><br />The Royal Town of Sutton Coldfield is an affluent town/civil parish within Birmingham, West Midlands. <br /><br />The development site is located on Lower Parade in the centre of Sutton Coldfield.<br /><br />Sutton Coldfield Town centre is a lively, vibrant town centre, with a diverse range of shops, coffee shops, family dining and leisure facilities. <br /><br />Sutton Coldfield has a range of excellent schools, including two Ofsted outstanding Grammar Schools.<br /><br />The town and surrounding areas such as Little Aston and Four Oaks are some of the most affluent areas in Birmingham.</p>