Stamford House offers investors and developers the opportunity to acquire a freehold interest subject to full planning permission for the creation of two new floors comprising six generously proportioned 1 bedroom apartments. Our vendor will retain the ground and first floor offices on a virtual freehold for the continued operation of his business. The new residential floors will sit above the existing mansard second floor, which will need to be altered to support the new residential floors. The buyer will therefore ultimately acquire c135sqm of 2nd floor office space, and the airspace for the additional floors. The upper parts will benefit from a dedicated entrance from the ground floor and six parking spaces. The finished flats will prove ideal for first time buyers, or investors may wish to retain the development and take a healthy rental income. Further potential may exist for the conversion of the second floor offices to residential. Alternatively, our client will retain the second floor offices after alteration.
