Upper Parts 59 Station Road
Ref 7890
Address Upper Parts 59 Station Road, New Milton, Hampshire, BH25 6JA
Property type Investment - Retail, Land / Dev, Investment - Residential
Size 68 Sq M
Freehold £150,000 - £150,000
The Highly Sought-after market town of New Milton situates itself on the South-western edge of Hampshire. The town centre location provides plenty of local amenities including local independent retailers, high street shops and popular restaurants and bars. For those commuting to work outside of the marker town, New Milton train station is 0.3 miles from the site and provides links to major cities such as Southampton, Bournemouth and Central London. Planning permission (21/11534) has been granted, on the 10th January 2022, by New Forest District Council to redevelop the first floor office space and deliver a 1 x 2-bedroom apartment (68.1 sq.m) and a 1 x1 bedroom apartment (50.1 sq.m). The opportunity is ideally suited for a developer to build and sell the units due to the attractive pound per square foot levels New Milton commands. Also, the investment developer that would look to retain both units and rent them out would also benefit from this coveted location, as we expect rental enquiries to be high for these units.
- Internal Area: 171.6sqm / 1847sqft
- Guide price: £150,000 subject to contract
- Granted Planning Consent (21/11534)
- 993 year Leasehold
- Development Opportunity
- Sought after town centre location