Former Library, The Boulevard, Weston Super Mare, BS23 1PL
UNDER OFFER, £580,000


Key Features

  • PLANNING GRANTED
  • RESIDENTIAL SCHEME - 15,392 Sq Ft
  • 22 UNITS + PARKING
  • GDV £3.575M
  • CENTRAL LOCATION

THE PROPERTY

This Landmark Grade II listed property was built to commemorate Queen Victoria’s Diamond Jubilee by local architects Hans Fowler Price and was formally opened on the 3rd of September 1900.
The renaissance style property is arranged over ground and three upper levels and benefits from parking spaces to the rear of the building. Internally the accommodation offers high floor to ceiling heights, carpeting throughout, a mixture of timber frame and UPVC windows, passenger lift and Kitchen / WC facilities.
Freehold property sold with vacant possession.

LOCATION

This important landmark building is located on the Boulevard, in Weston-super-Mare town centre. The building is approached via Milton Road which links on to Locking Road providing direct access from Junction 21 of the M5 motorway. Weston-super-Mare railway station is approximately 0.5 miles to the south and Bristol International Airport is around 15 miles to the north east. The building is conveniently located within close proximity of a wide range of local amenities situated within Weston town centre.

THE OPPORTUNITY

DEVELOPMENT OPPORTUNITY

Planning has been granted to convert the property into a residential scheme of 22 units with a GDV of £3.575m

Please refer to online legal pack for further details and to download the planning information.

SCHEDULE AND GDV

UNIT/ TYPE/ BEDS/ Sq Ft - VALUE

GROUND FLOOR

G-01 Duplex / 1 bed / 818 Sq Ft - £ 180,000
G-02 Flat / 2 bed / 667 Sq Ft - £ 175,000
G-03 Flat / 1 bed / 517 Sq Ft - £ 130,000
G-04 Flat / 1 bed / 538 Sq Ft - £ 130,000
GR-01 House / 3 bed / 1399 Sq Ft - £ 250,000
GR 02 Duplex / 1 bed / 667 Sq Ft - £ 150,000
GR-03 Duplex / 1 Bed / 549 Sq Ft - £ 140,000

FIRST FLOOR

FF-05 Flat / 2 bed / 667 Sq Ft - £ 165,000
FF-06 Flat / 1 bed / 517 Sq Ft - £ 130,000
FF-07 Flat 1 / bed / 538 Sq Ft - £ 130,000

SECOND FLOOR

SF-08 Flat / 1 bed / 732 Sq Ft - £ 145,000
SF-09 Flat / 2 bed / 667 Sq Ft - £ 165,000
SF-10 Flat / 1 bed / 517 Sq Ft - £ 130,000
SF-11 Flat / 1 bed / 517 Sq Ft - £ 130,000
SR-04 Flat / 2 bed / 743 Sq Ft - £ 145,000
SR- 05 Flat / 2 bed / 624 Sq Ft - £ 130,000


THIRD FLOOR

TF-12 Flat / 2 bed / 893 Sq Ft - £ 185,000
TF-13 Split / 3 bed / 1023 Sq Ft - £ 195,000
TF 14 Split / 2 bed / 840 Sq Ft - £ 185,000
TF 15 Flat / 1 bed / 592 Sq Ft - £ 130,000
TR-06 Flat / 2 bed / 743 Sq Ft - £ 165,000
TR-07 Flat / 2 bed / 624 Sq Ft - £ 160,000

Parking Space 7 x £10,000 £ 70,000

TOTAL
15,392 Sq Ft
£3,575,000

PLANNING GRANTED

Application No: 16/P/0507/F
Applicant: Land & Buildings Ltd
Site: Weston-super- Mare Library, Boulevard, Weston-super-Mare, BS23 1PL
Description: Conversion of Central Library to 22no.residential apartments to include , demolition of the single storey extensions, blocked windows reinstated, new and extended openings, erection of an extension at third floor level to create a fourth floor, new bay addition to east elevation and new rear facade

LISTED BUILDING CONSENT

Application No: 16/P/0503/LB
Applicant: Land & Buildings Ltd
Site: Weston-super- Mare Library, Boulevard, Weston-super-Mare, BS23 1PL
Description: Conversion of Central Library to 22no.residential apartments to include demolition of the single storey extensions, blocked windows reinstated, new and extended openings, erection of an extension at third floor level to create a fourth floor, new bay addition to east elevation and new rear facade


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