Wed, 05 Jun 2013 | COMMERCIAL PROPERTY
A commercial property site in Bath is to be put back on the market after plans to redevelop the site met with widespread opposition from tourism and conservation groups.
The 1.23 acre site at Green Park includes Green Park House and Ernest Ireland House and is on the market for £7.5 million. It had been set for redevelopment as a budget hotel but is now destined for an alternative use.
Planning permission to demolish the building and replace it with a 190-room hotel is due to expire in October. The next most-likely use for the commercial space is the development of student accommodation or a new office building.
Chris Birakos from Savills in Bristol is marketing the property. He commented: “Sites of this calibre in the centre of Bath come to the market very rarely. The nature of the city means that any expansion is minimal so when this kind of development opportunity arises, there is always likely to be strong interest.”
He added that the properties on the market will be appealing to “a variety of developers”. “In addition to the planning permissions already in place, the site offers the potential for comprehensive redevelopment for a variety of uses, subject to planning.”
The company possesses up to 50 vans in stock on-site, with an indoor and outdoor showroom allowing it to fully showcase its stockholding. The business offers full dealer facilities, including arranged finance, optional breakdown cover and part-exchan...
LEASEHOLD
Luxury public service hire business for sale situated in the South West due to retirement. The business supplies refined and standard lavatory trailers to the event market.
The business publishes a fortnightly print and digital magazine, covering UK and international engineering industry news, machinery updates, financial insights, and company profiles. With a readership exceeding circa 45,000 globally, including 20,000...
07
|
May
|
In vitro diagnostics regulatory consultancy acquired by listed firm | BUSINESS SALE
Abingdon Health, a listed diagnostic test manufacturer based...
07
|
May
|
UK administrations update: April 30 – May 7 | ADMINISTRATION
Since our last update, the following businesses have been co...
07
|
May
|
Plant and vehicle hire group acquired out of administration | BUSINESS SALE
A Leicestershire-based supplier of specialist plant and vehi...
07
|
May
|
Plant and vehicle hire group acquired out of administration | BUSINESS SALE
A Leicestershire-based supplier of specialist plant and vehi...
07
|
May
|
UK administrations update: April 30 – May 7 | ADMINISTRATION
Since our last update, the following businesses have been co...
07
|
May
|
In vitro diagnostics regulatory consultancy acquired by listed firm | BUSINESS SALE
Abingdon Health, a listed diagnostic test manufacturer based...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.