Greengate Street, Stafford Land for sale

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Greengate Street, Stafford Land for sale

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 spans approximately 373 square meters and has full planning consent for the proposed development. The restaurant/cafe space will be located on the ground floor, with the five flats situated on the first, second, and third floors. The flats are estimated to generate £950-£120,000 per month in rental income, while the restaurant/cafe is expected to bring in additional revenue. The property is strategically located on Stafford's high street, within walking distance of major retailers and transport links.