This rare gem in St Peter Port offers a unique opportunity for redevelopment in a highly sought-after location. The site, currently occupied by a storage shed and parking spaces, has been submitted for planning permission to build two one-bedroom local market units. The proposed development would cater to professionals seeking urban living with easy access to amenities and employment opportunities. With a rental income of approximately £8,000 per annum, the site presents a lucrative investment opportunity. The property is strategically located in the town centre, just a short walk from local supermarkets, takeaways, and the main shopping area. With its proximity to public transportation and local schools, this redevelopment project offers a prime chance to transform a hidden gem into a desirable urban retreat.