Former RBS Building, 8 Snitterton Road, Matlock, Derbyshire

£900,000

Main Image
Floor plan
Main Image
Floor plan
  • Former Royal Bank of Scotland building and grounds
  • Grade II Listed
  • Rare residential development opportunity
  • Planning consent granted for residential apartments
  • Ample parking and commnunal areas
  • Town centre location
  • Of interest to builders, developers and speculators

Overview

OF INTEREST TO BUILDERS, DEVELOPERS AND SPECULATORS, A RARE RESIDENTIAL TOWN CENTRE DEVELOPMENT OPPORTUNITY.

Description

Planning consent is granted for the redevelopment of the former Royal Bank of Scotland building and surrounding grounds which occupy a most distinctive and convenient town centre location. Highlighted by the iconic stone pillared roadside pedestrian entrance, the original Grade II Listed building has permission granted for conversion to residential apartments together with the additional consent for demolition and new development of additional apartments within the grounds.

There is ample space for associated car parking and common areas, the site an altogether ideal opportunity to provide the range of quality apartments proposed.

The parking area of the site is currently leased to a parking firm for annual rental of £15,000 per year. The garages are rented for £12,000 per year.

Full details of the planning consent and conditions can be found on the Derbyshire Dales District Council planning portal, under the following reference numbers:

23/01229/FUL & 23/01230/LBALT

LOCATION
Matlock is an historic spa and county town of Derbyshire, situated on the southern edge of the Peak District and within the Derbyshire Dales, overlooked by surrounding Derbyshire countryside and Riber Castle.

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 city and Buxton / Manchester. The local road network provides links to Chesterfield town (10 miles) and Sheffield (20 miles) as well as the M1 J.28 (10 miles east).

The former RBS building is in walking distance of the train station, Hall Leys Park and the town’s primary retail area.

PLANNING
Planning references - 23/01229/FUL & 23/01230/LBALT – for further information, access https://planning.derbyshiredales.gov.uk/online-applications via the planning portal. Alternative residential or commercial development schemes are likely to be supported by planning officials given the nature and location of the site. This could result in a scheme to change the design of the approved plans and enable additional dwelling units to be incorporated.

BUSINESS RATES
The Valuation Office lists the property as Bank and Premises with a Rateable Value of £14,250, as from 1st April 2023. As a Listed building no empty rates are payable.

MONEY LAUNDERING
In accordance with Anti-Money Laundering Regulations, two forms of ID and confirmation of the source of funding will be required from the successful purchaser.

LEGAL COSTS
Each party is to bear their own costs.

DIRECTIONS
From Matlock Crown Square, cross over the bridge, through the lights and immediately bear right onto Snitterton Road. The building is located on the right.

VIEWING
Strictly by prior arrangement with the Matlock office 01629 580228.

Ref FTM10659