An exceptional development prospect with a unique combination of features, Heritage Arcade is brought to the market with Full Planning Permission for conversion to 42 luxury 2 bedroom apartments. Set in a sought after "heart of town" position, with superb open countryside within minutes and Manchester City Centre less than 18 miles away.
Quite simply, Heritage Arcade represents a most outstanding opportunity to acquire a project which is ready to go, with full detailed planning consent obtained, set in a fantastic town centre position. As Rossendale and particularly, Rawtenstall at its heart, has become increasingly sought after in recent years, demand for units within such an iconic setting, with transport links on the doorstep and a great range of local amenities, is expected to be high. At the same time, with stunning open countryside easily accessible within minutes of the property, and Manchester City Centre less than 20 miles away, the site offers the best of both worlds, and an unparalleled combination of a cosmopolitan feel and nearby rural surroundings.
Please see brochure and floorplans for further details and contact us for any further information.
This is a unique redevelopment opportunity to acquire a landmark building in the heart of Rossendale town centre. The striking former picture house and shopping centre has been granted full planning permission to be converted into a luxury residential scheme comprising 42 two-bed apartments with dedicated car parking and landscaped private gardens with support from Historic England and Rossendale Borough Council, all apartments can be sold on the open market.
Planning consent was approved on the 28th of January 2021 for the partial demolition and redevelopment of the building into a residential scheme comprising 42 apartments, together with associated car parking and landscaped amenity space, planning reference number: 2020/0018.
Set in the South Pennine Hills, Rossendale provides commuters with good motorway connections with Manchester less than 20 miles away. Bury can be accessed by junction 2 of the M66 leading to the M60 and M62 and connections to Bradford and Leeds. Heritage Arcade is situated on Bacup Road in the heart of Rawtenstall, less than five minutes walk from Rawtenstall Bus Station.
The attractive yet strategic location of the town has led to a significant increase in demand from young couples and professionals wanting to benefit from country living but remain within easy access of the region's cities and business destinations.
The property fronts directly onto Bacup Road which is accessed from Haslingden Road/ St Mary's Way (A682). Rawtenstall bus station and the town's Lidl supermarket are opposite to the property. The A56 is approximately 600m from the property which links directly to the M66 motorway.
Agents Notes - Tenure: Freehold
VAT: VAT is applicable to this sale
Planning Permission: Rossendale Borough Council 2020/0018
Disclaimer F&C - Unless stated otherwise, these details may be in a draft format subject to approval by the property's vendors. Your attention is drawn to the fact that we have been unable to confirm whether certain items included with this property are in full working order. Any prospective purchaser must satisfy themselves as to the condition of any particular item and no employee of Fine & Country has the authority to make any guarantees in any regard. The dimensions stated have been measured electronically and as such may have a margin of error, nor should they be relied upon for the purchase or placement of furnishings, floor coverings etc. Details provided within these property particulars are subject to potential errors, but have been approved by the vendor(s) and in any event, errors and omissions are excepted. These property details do not in any way, constitute any part of an offer or contract, nor should they be relied upon solely or as a statement of fact. In the event of any structural changes or developments to the property, any prospective purchaser should satisfy themselves that all appropriate approvals from Planning, Building Control etc, have been obtained and complied with.