Former Water Tower & Land, Goldstraw Lane, Newark, NG24 3FD
Former Water Tower in Newark with Full Planning Permission for 13 Apartments, 10 Two Bed & 3 One Bed
Sold for £165,000
An iconic former water tower with Land. Full planning permission to convert existing water tower into 2 dwellings (apartments), with 11 additional new build apartments on the same site
Property DescriptionThe premises consist of a 26 metre high former water tower which is situated on an 'L' shaped site of approximately 0.37 acres (0.15 hectares) or thereabouts. The water tower has approved consent to be converted into two apartments, with three further apartments on the proposed wings and a further eight apartments within the two new courtyard blocks on the site with 19 car parking spaces.
LocationThe water tower is situated on the site of the former Balderton Hospital, fronting Goldstraw Lane, one of the main estate roads opposite Rubys Walk, in the heart of the popular Fernwood residential development. Fernwood is located approximately 2 miles south of Newark. Newark is an historic market town and is located approximately 19 miles north east of Nottingham. The town is served by the A1, A46 and A17 trunk roads and rail services via the east coast main line to London.
Energy Performance RatingG - Commercial.
TenureFreehold – Vacant possession upon completion.
PlanningPlanning approval was approved on 7th September 2018 by Newark and Sherwood District Council Planning Department under application number 18/00474/FULM for the conversion to two apartments, with three further apartments on the proposed wings and a further eight apartments within the two new build blocks on the site with 19 car parking spaces. We are informed that there are no Section 106 or CIL payments to be made in relation to the planning and there are no affordable housing requirements.
Auctioneers NoteAt the time of going to print, the Auctioneers were unable to inspect the water tower internally.
ViewingsExternal viewings only.
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and all potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
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