*DEVELOPMENT OPPORTUNITY* Ian Tonge Property Services are pleased to offer for sale this fantastic opportunity, located on the site of the former Victoria Mill. The idyllic site lends itself for a 5 STOREY BUILDING with 16 SPACIOUS LUXURY APARTMENTS and COVERED PARKING FOR 23 VEHICLES. Each apartment will benefit from a SUPERB VIEW WITH BALCONIES OVER LOOKING THE PEAK FOREST CANAL. The pre app report was submitted with plans and drawings and covered all the main consultees and their response's along with the planning officers report this was all constructive and favourable. With the site being an allocated housing site (C7) in the High Peak Local Plan the decision in principle for housing development was granted by the adoption of the Local Plan. No new access is required for the site, with two long established road entrances, both Victoria Street and Woodside Street and the private access road between the two access is established. For scale and layout, the original footprint for the site is the five storey cotton mill which covered all the ground, there is a right to replace a five storey building on the same footprint. Outline planning permission would only replicate the current planning position and be of no additional benefit. The pre app has established that 16 apartments over four floors with underground parking is an option for the site, but this could change with any new interested party or developer, it could be 24 apartments or town houses.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Ian Tonge Property Services - High Lane. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Ian Tonge Property Services - High Lane for full details and further information.