Freehold Ex Public House with planning permission approved to convert the existing building and construct a 2 storey side extension to develop 12 Apartments, consisting of 6 x 1 beds & 6 x 2 bed flats, 12 parking spaces and 2 visitor bays. The property also benefits with mains connections currently on site.
The Gross internal area of the conversion will be 4650sqft and the new side extension will be 2714sqft. The site is located in a prime location on the south side of the High street, in Iver Village. With local amenities on your door step. Ideal for commuters as Iver Train Station within walking distance, with links in to the City via the Elizabeth Line and Buses in to West Drayton and Heathrow Airport. Located close to M25/ M40 & A40.
Further development potential for the site to add an additional 5 flats across the second floor, with plans already drawn.
CIL - £28,000 S106 - £75,608 TOTAL GIA - 7362 sqft SITE AREA - 11,149 sqft
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.
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