Joint venture agreements sought to incorporate current car park
Situated just off Freetown Way City centre location accessed from Pryme Street
Approximately 0.6 acres.
Joint Venture Redevelopment Opportunities Considered
The site comprises mainly of a level car park of substantial triangular shape totalling approximately 2,421 sq m (0.6 acres). The site is enclosed by dwarf brick wall fronting Freetown Way with a heavily shrubbed landscaped strip to the front of the footpath. The South boundary is brick elevation and walling to the rear of the properties fronting Wright Street. The site is surfaced with tarmac. The capacity of the car park is approximately 100 vehicles in its present layout.
The site currently has planning permission to be operated as a car park which will be retained.
Our client is looking at ideas to develop on the existing site but maintain the level of car parking that already exists.
All proposals to be considered.
We are of the opinion that the site has incredible development potential for a number of uses including residential and offices subject to necessary planning consents.
We are verbally advised that the property is described as “Car Park” with a Rateable Value of £16,750 per annum.