Development Site For Sale

1st & 2nd Floors, 18, Coventry Road, Market Harborough, Leicestershire

Guide price £485,000 Sold


An exciting development opportunity in the heart of this popular market town

  • Full planning permission for 5 individual apartments
  • 999 year lease
  • Former industrial building, concrete floors
  • Recently used as a nightclub
  • Two parking spaces
  • Town Centre Location



Situation
Market Harborough is a thriving market town with an outstanding range of amenities and facilities, including several supermarkets, a really good selection of more individual shops and traders, a theatre, indoor market, and a huge range of really good pubs, bars and restaurants.
It is also a popular commuter town with regular train services to London, St Pancras in an hour and road access to the east and west on the A14 and north and south on the M1, at Lutterworth.
The are some good primary schools in the town, and secondary schooling at Robert Smyth Academy, and Welland Park Academy.

There are also some renowned private schools in the area including Maidwell Hall and Spratton Hall, while Uppingham, Rugby, Oundle and Oakham are all easily reached.

Description
18 Coventry Road is a highly individual building with a rich history as a social hub in the town, and was originally commissioned by the Industrial Co-operative society in 1899, as a series of function rooms on the upper floors with a butcher's shop at street level. Since then it has played host to a range of different businesses as Market Harborough developed and was more recently home to Enigma nightclub.

The ground floor is still occupied by a popular bar/restaurant which will continue to trade, and is not affected by the sale.

Entrance to the site is by a separate ground floor doorway onto Coventry Road, with a lobby and staircase leading to the first floor.

Planning consent was granted on 3rd August 2017 for the conversion of the first and second floors into four two bedroom apartments. (Planning ref 17/00610/FUL) and on 1st February 2018 for 1 additional apartment (Planning ref: 17/02097/FUL)

The plans are attached.

Tenure
Leasehold 999 years
Ground Rent
Service Charge T.B.C.

Services
Mains water, gas, and electricity are connected to the property.

Viewings
By strict appointment through selling agents,

Fisher German LLP
40 High Street
Market Harborough
LE16 7NX

Key Information

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