60 bedroom block of apartments for sale

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60 bedroom block of apartments for sale

Market Place, Stoke-on-Trent, ST6
£350,000

Our Summary

  • EXCLUSIVE VIEWINGS DAY - SATURDAY, 30th NOVEMBER - BY APPOINTMENT ONLYInvestment Opportunity – Former Public House and Hotel Site with Approved Plans for Care Facility DevelopmentThis prime redevelopment site, formerly a public house with a 60-bed hotel to the rear, offers an excellent opportunity for conversion into a care facility or supported living apartments
  • Ideally located in Stoke, the property has already received a pre-application approval for redevelopment, making it well-suited for investors in the healthcare or housing sectors
  • Property Highlights:Site Overview: Former public house with adjoining 60-bed hotel, ideal for conversion into a care facility or supported housing
  • - Hotel Conversion: Approved for conversion into 18 apartments (mix of 1- and 2-bedroom units), designed with supported living in mind
  • - Flexible Commercial Space: The 3,000 sq ft commercial unit can support a variety of uses, enhancing the property’s versatility and potential for rental income
  • This site represents an exciting opportunity to develop a high-demand care facility with pre-approval already secured

Description

This exclusive investment opportunity is a former public house and hotel site in Stoke, which has received pre-application approval for redevelopment into a care facility or supported living apartments. The property, which spans 60-bed hotel and a public house, offers a unique chance to convert it into a care facility or supported living apartments, with approved plans in place. The site is strategically located, with easy access to local amenities and transport links, making it an attractive option for investors in the healthcare or housing sectors. The property also boasts a flexible commercial space of 3,000 sq ft, suitable for a range of commercial uses, providing additional rental income potential. With pre-approval already secured, this site represents a turnkey opportunity for investors seeking to enter or expand in the supported living sector.
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