Land at School Street, Wolverhampton, WV1 4LJ

Description

The site comprises a cleared parcel of land formerly occupied by the now demolished, Network House. The site presents a fantastic opportunity to redevelop the site to

complement the existing regeneration plans for the city centre. Benefitting from full planning consent for development of 113 apartments, the site will provide much

needed city centre living accommodation in the most sustainable of locations. The consented scheme will provide 67 no.1 bedroom apartments and 46 no.2 bedroom

apartments, along with 21 car parking spaces and 60 cycle spaces. The proposed building will be 6 storeys, stepping down to 4 storeys.

Location

The site is located within Wolverhampton city centre and has good access to the city centre amenities, with a 5 minute walk to the main shopping core and supermarket. The site is also in close proximity to transport links, with a 10 minute walk to St George’s tram stop and 15 minute walk to Wolverhampton railway station. Infrastructure works to the Wolverhampton Interchange have resulted in the tram line and railway line stops being linked, providing an easier connection to Birmingham. Wolverhampton University is located within a 10 minute walk and the Wolverhampton Wanderers football stadium is a 15 minute walk where the Molinuex development sets out to link the public realm of the stadium, university and city centre. With the site’s convenient location within the city centre core of Wolverhampton and close proximity to transport links, together with the city’s university makes this ideal for residential development.

Tenure

Freehold.

Price

Offers based on: £1,750,000 are sought for the freehold interest.

Proposal

Please kindly see enclosed break down within the detailed brochure.

Planning

On 30th September 2018, under application number 19/00807/FUL, full planning consent was granted for the demolition of the existing building and erection of a sixstorey
building comprising 113 dwellings and associated works. The proposed development will comprise 67 x 1 bed apartments and 46 x 2 bed apartments. The site has now
been cleared ready for development and confirmation has been provided that the planning consent is live.
Access to a full data room with supporting planning documents can be made available to prospective purchasers via the sole selling agents, Bond Wolfe.

Services

We have been informed that all mains’ services are connected to the site, but prospective purchasers should still make their own independent enquiries as to the suitability of
the services for their particular requirement.

Additional Information

For access to the data room please contact the selling agents on 0121 525 0600 or email: agency@bondwolfe.com.

*Images for illustrative purposes only.

VAT

We are advised that VAT is applicable and will be payable in addition to the purchase price.