Modern office building with planning for conversion into 36 apartments, or for owner occupation / investment

Key Points

• Residential development / owner occupier or investment opportunity
• Planning permission for conversion to 36 apartments
• GIA approx. 21,701 Sq ft
• Site area approx. 1 acre
• 72 car spaces
• 200m BR station - London Marylebone 41 mins

Location

The property is located on Thame Road, close Haddenham and Thame Parkway Station, London Marylebone approx. 41 minutes.
The property lies approx. 2.5 miles from Thame and 6.4 miles from Junction 7, and 8 miles from Junction 8 of the M40 motorway.

Description

Residential development, owner occupier or investment opportunity.
Prior approval granted (reference 20/01298/ COUOR - AVDC) for change of use for residential with 36 apartments, including Studio, 1-bedroom and 2-bedroom apartments. Plans prepared for an additional 6 apartments, though no planning submitted. The property was constructed in 1991 and benefits from a modern specification including raised access floors, suspended ceilings with recessed lighting, air conditioning / heating, IT cabling and security systems, refurbished toilets located in service cores, kitchens, and a lift in the first block, and 72 car spaces.

Terms

The freehold of the building is available.

Price on application

Rates

The property lies within the rating area of Aylesbury Vale, according to which the rateable value is as follows:

Rateable value - £187,550
Rates payable - To be assessed

Rates payable can be affected by transitional arrangements, and we would recommend that interested parties should make further enquiries for clarification.