Development Site Conway Street, Merseyside

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£1,500,000

Home Buyer Report for Development Site Conway Street, Merseyside

Get to know this home before you view. One report brings together the listing, property records and local sold prices, so you know what to look out for, what to ask and what to offer.

What's included

  • Condition, read from every photo and the floorplan
  • Where the listing contradicts the records
  • Sold prices on the street and nearby comparables
  • Planning history, here and next door
  • Council tax, stamp duty and what upgrades would cost
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Type
Land
Ownership
Freehold
Area
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Price per area
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Description

Prime Development Site with Full Planning Permission
An exceptional opportunity to acquire a cleared residential development site with full planning consent for 132 contemporary one and two-bedroom apartments together with 1,140 sqm of ground floor non-residential space – offering excellent mixed-use potential.
The site, extending to approximately 0.24 ha (0.59 acres), is ideally located close to major regeneration projects, enhancing both its appeal and long-term value.
Currently occupied by a surface car park, the site also offers the potential for a short-term income stream through letting until development commences.
Location
The site is situated in the town of Birkenhead close to the tunnel and approximately Two miles south west of Liverpool. The site is located to the east of Birkenhead Town Centre off Conway Street, close to the shopping district and near to Hamilton Square. Conway Street is one of the primary routes leading to and from the main shopping district of Birkenhead and the entrance to the Queensway Tunnel which links to Liverpool.
The site is well placed for public transport with a bus stops located along Conway Street with both Conway Park train station the Birkenhead Central train station both within half a mile of the site.
Description
The site formerly the Ritz cinema and bingo club was demolished in 2001 and the land has been used as a car park, previously generating £1,500 per month (£18,000 per annum). The site is roughly square in shape with an area of approx. 0.24 ha (0.59 acres) is open along the southern boundary, with a line of posts forming the western site boundary. There is wire fencing along the northern site boundary and to part of the eastern side. The Fireman’s Arms pub is located adjacent to the south eastern corner of the site. Part of the site is used as a beer garden by the Fireman's Arms, under a Tenancy At Will producing an income of £1,200 p.a. The agreement can be terminated by either party.
Regeneration
The site is located close by a number of major regeneration plans for Birkenhead Town Centre. The plans are supported by Wirral Council which will see “more than £1bn” of development opportunities being created. Wirral Growth Company has been created, which is an equal partnership between the Wirral Council and a major developer to support the regeneration plans.
Hamilton Square a Grade I-listed square offers potential for a £60m transformation to include boutique hotels, offices and 36,000 sq ft of leisure space. Birkenhead Town Hall may become a destination hotel and wedding venue, with a arts or theatre complex.
Planning
Planning permission was granted on the 31 May 2018, (reference APP/16/01088) for a six and part seven storey development comprising 132 bedroom apartments being 58 one bedroom & 74 two bedroom with 1,140 sqm of non- residential floorspace on the ground floor. The application does not provide any details of the anticipated use or mix of uses proposed on the ground floor. There is no requirement to provide affordable housing, S106 or CIL on this site.
Viewing
The site can be viewed from the roadside at all hours of the day. A full information pack is available on request via [email protected]
Legals
Parties to the sale will be responsible for their own legal costs. Deposits are non-refundable and will be held by the clients solicitor.

Estate agent

Daniel & Hulme

Location

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The information provided within this property listing is accurate to the best of our knowledge and research. Please see details of how we gather information in paragraph 3 of our T&Cs.

Please contact the appointed agent, or the vendor, for any missing information and to ensure the accuracy of all details. It is essential that you carry out your own Due Diligence in relation to any property purchases.

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