Land for sale

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Land for sale

Whitecroft, Lydney, GL15
£650,000

Our Summary

  • 75-acre plot boasts over 520 sq/m of property, offering very profitable development opportunitiesThe pub is successful and generates healthy profits and has owners’ accommodation aboveThere is an existing holiday cottage and potential to convert the function room in to a second holiday cottageThe beer garden is 0
  • 2-acres, large enough for two good sized houses to be built, STPPProperty prices are high and demand is strong• Location‘The Miners Arms’ sits in the village of Whitecroft, close to Lydney in ‘The Forest of Dean’ near the Severn Estuary the area benefits from tourism throughout the yearCheltenham, Gloucester, Bristol & Cardiff are all within an hours drive• DevelopmentWithout compromising the pub, two sperate properties could be made available – the two-bed holiday cottage is already a completed, the existing function room could be developed into a further three-bed holiday let, please the ‘Miners Holiday Home’ floorplan attachedThe holiday home would be 83 sq/m with a GDV of up to £250,000, the holiday cottage is 86 sq/m and a GDV of circa £300,000With sufficient parking and access, without compromising privacy, the existing property could be converted into multiple dwellings, an additional property could be built in the garden, all subject to a successful planning application There is potential for a further development in the large beer garden of one or two residential properties, subject to a successful planning application• Internal DetailsThe pub has four drinking and dining areas offering seating for up to 60 peopleThe function room can offer seating for a further 60 covers and or host music events for up to 100Beautiful large two-bedroom owners flat above the pub‘The Miners Arms Holiday Cottage’ is a stunning picturesque two-bed cottage with wonderful views and a private gardenPlease see the floorplans for further information• External DetailsSitting on 0

Description

This 0.75-acre plot in the village of Whitecroft, near Lydney, offers a unique development opportunity with a successful pub, "The Miners Arms", generating healthy profits and with owners' accommodation above. The pub has a large beer garden and a separate holiday cottage, with potential to convert the function room into a second holiday cottage. The property is situated in a popular tourist area, with nearby cities such as Cheltenham, Gloucester, Bristol, and Cardiff within an hour's drive. The site has potential for further development, with the possibility of converting the existing property into multiple dwellings, building an additional property in the garden, and potentially developing the large beer garden into one or two residential properties, all subject to a successful planning application. The pub itself has four drinking and dining areas, a function room, and a beautiful two-bedroom owners' flat above, while the holiday cottage offers stunning views and a private garden. The property is being sold for £650,000, with all fixtures and fittings not personal to the vendors included in the sale.
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