0 Bed Residential Development For Sale

Description



The property is a three-storey mid-terrace building of stone construction which was built in 1852 with an extension being added in the early 1900s.



Originally constructed as a school and then utilised as offices, planning permission has now been obtained and implemented for the conversion of the building to form 14 one-bedroom apartments. The adjoining building to the south of the subject property has already been converted into 17 apartments.



Limited construction works have started on the ground and basement levels which are largely in shell condition, having been stripped back to brick with exposed pipework, steel and joists to the ceiling, whilst the first and second floors are further advanced with some of the partitioned apartments being at first fix stage. All of the first and second floor windows have been replaced with double glazed windows.



Electrics and plumbing have been fitted on each of the upper floors, however kitchens and bathrooms are yet to be installed.



Whilst there is no specific demised parking, there is ample on street parking in the immediate vicinity and a public car park opposite.



Location



The property is situated on Exchange Street, within a predominantly residential area characterised by stone-built housing similar to the subject property. It is located in a historic former mill market town in Lancashire, known for its attractive countryside and landscape, whilst offering convenient access to major cities including Manchester and Leeds.



The property lies approximately 6 miles north-east of Burnley, 25 miles east of Preston, 30 miles from Leeds and 34 miles from Manchester, all accessible via the A56 and wider motorway network. The property benefits from on street parking and a free-of-charge public car park situated to the rear, as well as being close to a range of local amenities located along the A56.



Colne Train Station, which is within approximately half a mile of the property, provides direct services to Burnley Central in just 13 minutes.