Rare opportunity to acquire a fully consented PBSA conversion opportunity within the heart of Newcastle-under-Lyme town centre. The scheme includes the conversion and extension of Morston House "The Residence" to deliver 126 student studio-apartments together with extensive resident amenity including cinema, gym and communal areas. The existing building comprises a substantial former office property arranged across lower ground, ground and four upper floors. Planning permission granted under application reference 25/00438/FUL.
- Ref: 2098085
- Tenure: Freehold
- Types: Development, Living Capital Markets, Living Capital Markets, Living Capital Markets, Living Capital Markets, Living Capital Markets, Living Capital Markets, Living Capital Markets, Living Capital Markets, Living Capital Markets, Living Capital Markets, Living Capital Markets, Living Investment, Living Investment, Living Investment, Living Investment, Residential Investment, Residential Development, Student Accommodation, PBSA
- Size: 36,866 sq ft (3,425 sq m)
Key Features
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Fully consented PBSA scheme for 126 studios.
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Existing vacant former office building conversion.
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For sale Freehold with VP.
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Site extends to 0.47 acres / 0.19 hectares.
Location
Morston House, The Midway, Newcastle Under Lyme, Staffordshire, ST5 1PR
The Residence occupies a highly prominent town centre position at 20 The Midway, immediately adjacent to Newcastle-under-Lyme town centre's retail and leisure core. The property is strategically positioned to serve Keele University together with NSCG Newcastle College, Royal Stoke University Hospital (clinical education centre) and Staffordshire University.