The Triangle, Sharpley's Court, Kidgate , Louth

Guide Price £495,000. A unique town centre development site positioned in the heart of the Louth Conservation Area with Full Planning Permission for a commercial and residential development opportunity comprising of a detached 3-storey complex of imaginative design combining contemporary style with traditional theme and incorporating 13 apartments and 2 retail units, all positioned just a few yards from the main shopping area. BDLD CMCL

LOCATION
Louth

A popular town known for the three markets which take place each week, and a shopping centre with more independent shops than many comparable market towns in the country. There are local infant, primary and academy schools including the King Edward VI grammar, and the town has excellent sporting and recreational activities. These include the golf course, tennis academy, bowls, the Meridian Centre with swimming pool and playing field, the London Road sports centre and many local clubs and hobby societies. There is a well-supported theatre, a cinema, and Louth has many cafes, bars, inns and restaurants.

DESCRIPTION
The Proposed Development

The architect’s illustrations suggest a substantial three-storey structure finished in a combination of natural brick faced and rendered external walls under pitched roof structures.

The building has been designed to provide stylish town centre apartments of varying layout and size together with two ground floor commercial units with frontage to Pawnshop Passage and Kidgate. However, this could be amended subject to planning to provide more commercial space if desired by the purchaser. The site historically has had a previous commercial use and therefore currently stands as a brownfield site.

There is an opportunity for the developer to create two stylish retail units and high end residential apartments which will appeal equally to young and old alike, by virtue of the intended lift to all floors and the ability to enjoy the convenience and atmosphere of the setting. The buildings feature some large, double-glazed panels from floor level and two top floor units with potential balconies.

ACCOMMODATION
The Proposed Accommodation

Ground Floor - COMMERCIAL

The north commercial unit faces Pawnshop Passage and is designed with a central double door access with display windows on each side, rear door onto the drive-through courtyard area and a kitchenette off with WC and wash basin adjacent.

The south commercial unit has display windows to Pawnshop Passage and Kidgate with angled double doors at the corner junction. This unit otherwise has a second rear door, kitchenette and WC/basin as in the north unit.

The total retail floor area is 85.3sqm.


RESIDENTIAL

The apartments are approached through an entrance and inner hallway with return staircase and lift to the upper floors. There are entrances from Pawnshop Passage and from the parking courtyard. On the upper floors the stairs and lift open onto a central landing and the flats in the west and north wings have inner lobby entrances off.

GROUND FLOOR
Apartment A1 is a ground floor 2 double-bedroom unit with ensuite shower room and a second independent shower room off the L-shaped hallway while the living space comprises an L-shaped open-plan living and dining-kitchen.

Apartments A2, A8 and A13 are replicated on all three floors and each comprises a two double-bedroom unit with bathroom, hallway and living/dining-kitchen.

Apartments A3, A7 and A12 are also replicated on all three floors and each comprises a 2 double bedroom unit with ensuite shower room to the main bedroom and an independent bathroom off an L-shaped hallway. Again, there is a combined living and dining-kitchen.

FIRST AND SECOND FLOOR
Apartments A4 and A9 are positioned on the first and second floors above A1 but are larger as a glance at the wide image on the fist page of this online brochure clearly shows the projecting upper floors visible on the illustrated north elevation.

These units are an excellent size with two double bedrooms, ensuite shower room to the master, independent bathroom or shower room off an L-shaped hallway and a long open-plan living and dining-kitchen.

THE TRIANGLE PENTHOUSE
Apartments A5 and A10 are one double-bedroom units, the latter being The Triangle Penthouse with living/dining kitchen featuring a double-glaze gable facing the town centre. Though not shown on the plans this gable might incorporate a glazed door to a balcony with glass or solid screen subject to approval/building regulation consent.

Apartments A6 and A11 are almost replicated on the first and second floors, each having one double bedroom, hallway, bathroom and a corner living/dining-kitchen, but the upper flat trades some living space for a superb south facing high-level balcony.

FLOOR AREAS :
Plans with dimensions will be made available as soon as received. In the meantime, the architect has advised the seller that the floor areas are as follows:
A1 = 65.7m², A2/A8/13 = 61.1m²
A3/A7/A12 = 57m²
A4/A9 = 74.4m²
A5/A10 = 56.1m²
A6/A11 = 62m².
Total ground floor area (excluding retail + B1) = 233.8m².
Total first floor area = 369.5 m².
Total second floor area = 369.5 m²


EXTERIOR
The completed structure will incorporate a drive-through access to the existing buildings on the north side and a second driveway on the east side from Kidgate to an enclosed courtyard with parking spaces for some of the units, a bin storage enclosure and access to the existing units and proposed bungalow conversion.

AMENITIES
The land is presently in use solely as a private car parking area for the town centre but stands within the Conservation Area and is literally just a few paces from the main shopping area accessed via Pawnshop Passage which leads north along the western boundary. The proposed development will face south onto Kidgate with vehicular access from this one-way road as at present, and the new building will also enjoy a return-frontage onto Pawnshop Passage, a blue brick paved pathway sloping gently down and then through a passageway under the buildings facing Mercer Row.

SERVICES
General Information
The particulars of this property are intended to give a fair and substantially correct overall description for the guidance of intending purchasers. No responsibility is to be assumed for individual items. Plans/Maps and illustrations are not to specific scale and are based on the architect’s drawings at planning application stage. Site boundaries should be confirmed on the sale contract plan. The town centre has mains gas, water, electricity and drainage but applicants should satisfy themselves as to the location, capacity and accessibility of these services.

PARKING NOTES
See online sales

PLANNING
Full planning permission was granted on the 3rd July 2020 "for the erection of a building comprising 13 no. apartments and 2 no. retail units and change of use, conversion of and alterations to the existing outbuilding to provide 1 no. dwelling" in respect of application N/105/01836/19.

The planning decision can be found at https://publicaccess.e-lindsey.gov.uk/online-applications/caseDetails.do?action=dispatch&keyVal=_EASTL_DCAPR_129466&caseType=Application.

Please note that the above link is to provide further information to interested parties and we urge those to carefully consider the decision notice in detail. A PDF copy can be sent upon request.

OTHER
Please note the conversion of the existing building does not form part of the site which is being offered for sale and will be developed by the owner themselves.

VIEWING
Please contact the selling agent