Located in the heart of the vibrant Town of Keynsham close to both Bristol and Bath this is a rare development opportunity to find.<\/p>\n\n\n\n
Although planning has been rejected for a hotel at the location, the council have indicated very strongly that planning for 20 x 2 bed apartments and commercial units to the ground floor would be accepted. As the developer has worked closely with the town planners over the previous application they have all the preapplications if required.<\/p>\n\n\n\n
The agents\u2019 valuations for the apartments have estimated between \u00a3300,000 and \u00a3325,000 giving the GDV of approximately \u00a37,200,000. This is based on 20 x 2 beds and up to five shops. \u00a36,200,000 for apartments and \u00a31,000,000 for the commercials. Estimated build \u00a33,000,000 as there should be no difficulty in the ground works and no parking required. <\/p>\n\n\n\n
The last development in the immediate location was about a year ago for 16 apartments and 4 shops. Located in between Ashton Way, Rock Rd and Mayfiels. As the development is within a sustainable location, it only required 4 parking spaces for the shops which was agreed via the public car park behind. <\/p>\n\n\n\n
The sellers are ideally wanting as close to \u00a32 million as possible but will look at reasonable offers, especially if they can be in control of gaining the planning, as they feel they are best suited to gain the planning quickly. They may agree to sell it as it is for a lower figure but would want to see proof of funds and guarantees on timescales to do this.<\/p>\n","protected":false},"excerpt":{"rendered":"
Located in the heart of the vibrant Town of Keynsham close to both Bristol and Bath this is a rare development opportunity to find.<\/p>\n
Although planning has been rejected for a hotel at the location, the council have indicated very strongly that planning for 20 x 2 bed apartments and commercial units to the ground floor would be accepted. As the developer has worked closely with the town planners over the previous application, they have all the preapplications if required.<\/p>\n","protected":false},"featured_media":412,"template":"","sale_status":[8],"class_list":["post-409","property-land","type-property-land","status-publish","has-post-thumbnail","hentry","sale_status-available"],"acf":[],"_links":{"self":[{"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/property-land\/409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/property-land"}],"about":[{"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/types\/property-land"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/media\/412"}],"wp:attachment":[{"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/media?parent=409"}],"wp:term":[{"taxonomy":"sale_status","embeddable":true,"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/sale_status?post=409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}