Castle Street, Salisbury, Wiltshire

THE OPPORTUNITY An exciting development opportunity in the historic city of Salisbury with imminent full planning permission for conversion and new build scheme of 24 residential apartments and 1 commercial unit. Planning Application on Reference: PL/2023/04923. The site currently comprises of 5 adjoining vacant freehold properties one of which is Grade II Listed and set within approximately 0.325 of an acre. 

LOCATION The development site is surrounded by historic streets boasting boutique stores and is within proximity to events held at Salisbury Playhouse and City Hall and twice weekly charter market held in the historic marketplace. Stonehenge, a world-renowned prehistoric monument, which forms part of a UNESCO World Heritage Site, is located only 9.5miles north of Salisbury. The striking Jurassic coast and the historic Cathedral, which attracts hundreds of thousands of visitors a year, is said to house the best preserved of only four surviving original 1215 Magna Carta and of course, it is believed to have the tallest spire in England, being 123m tall. Situated just off the A36 is Wiltshire College & University Centre where they are part way through a £14m re-development program for just Salisbury campus. Salisbury is home to several major corporate occupiers with commercial space is offered in business districts such as Solstice Park, and small and medium-sized firms also play a large part in Salisbury's growing business activity. Salisbury benefits from good transport links throughout the South West. Salisbury Railway Station is located within 0.7 miles of the site and provides direct trains to London Waterloo Railway Station. 

SITE Formerly a mix of commercial and retail uses have been vacant for several years. These character properties are in excess of 29,000sq ft and occupy a site area of approximately 0.35 acres. The main
buildings are laid out over 4 floors, a basement, and 3 upper floors. The site was previously partially occupied by Royal Mail and is strategically positioned on Castle Street, one of the main roads into Salisbury. Castle Street offers several well-established pubs and restaurants and is just a short walk from Salisbury 'Market Square' and the town centre. 

PLANNING Planning permission is expected imminently under Application Number PL/2023/04923. More information can be viewed via Wiltshire Council planning website. A full breakdown of all the S106 contributions is available on request. 

TENURE Freehold 

STATUTORY COSTS There is no affordable to provide, details of appropriate statutory costs will be provided to interested parties upon application. 

EPC The site is currently vacant. The energy performance of the individual units would need be assessed upon completion of the development. 

VAT The sale price is exclusive of any VAT which, if applicable, will be in addition at the appropriate rate. 

VIEWINGS Viewing is strictly by appointment only via joint agents Kings Estates and Land4 Ltd.