Property Description

A Grade II listed former Royal Bank Of Scotland building located in the Town Centre of the beautiful Spa Town of Matlock Bath. Planning permission has been granted for 16 apartments in a scheme of conversion and newbuild development. Planning References 23/01229/FUL and 23/01230/LBALT. The site will comprise 8x One bedrooms Apartments ranging from 42sqm - 48Sqm and 8x large 2 Bedroom Apartments ranging from 71 sqm - 129 sqm. Total accommodation with offer over 850 sqm / 9150 Sqft. There is ample space for associated car parking, including Electric Vehicle Charging points and communal grounds and gardens. Currently part of the grounds are rented out to provide an income of £27,000 per annum. the parking area of the site is currently leased to a parking firm for annual rent of £15,000 per year. The garages are rented for £12,000 per year. Matlock is an historic spa and county town of Derbyshire, situated on the southern edge of the Peak District and within the Derbyshire Dales. The Town Centre contains a broad range of retail outlets serving the parish population and the wider urban catchment, as well as tourist visitors. It has been subject to investment with an M&S Foodhall and hosts the Derbyshire County Council headquarters. Matlock retains a railway station with links to Derby, Buxton and Manchester. The former RBS building is in walking distance of the Train Station, Hall Leys Park and the towns primary retail area.

Tenure

Freehold

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