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Greengate Street, Stafford Land for sale
Greengate Street, Stafford
£215,000
Greengate Street, Stafford
£215,000
Our Summary
- Former Public House with first & second floor living accommodationFull Planning consent for conversion / extension to Restaurant/Cafe with 5 no
- self contained flatsFor Sale on Auction Terms
- ft) and has full planning consent to extend and convert the existing premises to provide a Restaurant/Cafe space with 5 no
- The property benefits from full planning consent for 'Proposed partial demolition of existing single-storey rear outrigger
- BJB Auction
- For Sale on Auction Terms
- Full Planning consent for conversion / extension to Restaurant/Cafe with 5 no
Description
This former public house in Stafford town centre offers a unique opportunity to convert and extend the property into a restaurant/cafe with five self-contained flats. The property, measuring approximately 373 square meters, has full planning consent for the proposed development. The ground floor will feature a restaurant/cafe with a kitchen and toilets, while the first, second, and third floors will be divided into five apartments, each with two bedrooms, except for the third floor studio apartment. The estimated gross development value is £500,000, with rental income potential of £4,750 per month. The property is located on Stafford's high street, within walking distance of various shops, restaurants, and transportation links, including the M6 motorway and Stafford Railway station.