Description
A redevelopment/rental investment opportunity - A substantial building with planning permission for conversion to create 8 flats in a prime town centre location.
The Property - Chancery House is a substantial, attached, three storey building, built in 1997 and formerly used as a day centre for the elderly. It is traditionally built with brick faced elevations.
Planning Permission - Granted in January 2022 for conversion to create eight flats. Application No. P/FULL/2021/00316.
Section 106 Agreement - The scheme is subject to a Section 106 Agreement - Affordable Housing Scheme - Providing Affordable Housing Units as Social Rented Dwellings. The units can only be let as Social Rented Dwellings and subject to a ceiling rent under the Local Housing Allowance.
The Section 106 Agreement is available on request.
The Proposed Scheme - Eight flats in total comprising:
Ground floor -Flat 1 - 2 bedrooms with patio. Flat 2 - 1 bedroom with patio. Flat 3
- 2 bedrooms with patio.
First floor - Flat 4 - 2 bedrooms with terrace. Flat 5 - 1 bedroom with terrace. Flat 6 - 2 bedrooms with terrace.
Second Floor -Flat 7 - 1 bedroom. Flat 8 - 1 bedroom.
No off-road parking facilities.
Situation - Located in the heart of the town centre in a narrow through back alley between East Street and Chancery Lane.
Bridport is a charming, historic and highly sought after market town famed for its wide Georgian streets. There are excellent business, shopping and leisure facilities.
Services - All mains services are available although purchasers must make their own enquiries.
Local Authority - Dorset Council www.dorsetcouncil.gov.uk
Viewings - Strictly by appointment with Stags Bridport Office.
Directions - From Stags Bridport office in South Street, proceed to the Town Hall and turn right into East Street. The entrance to Chancery Lane is after a few hundred yards on the right just behind The Bull Hotel.
Further Information - Please contact Martin Bowen-Ashwin M.BowenAshwin@stags.co.uk
