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 center offers a unique opportunity to convert and extend the existing premises into a restaurant/cafe with five self-contained flats. The property, spanning approximately 373 square meters, has full planning consent for the proposed scheme, which includes a three-story side extension and two-story rear extension. The restaurant/cafe space will be located on the ground floor, with the five flats situated on the first, second, and third floors. The estimated gross development value of the project is £620,000, with potential rental income of £4,750 per month. The property is situated on the high street, within walking distance of various shops, restaurants, and amenities, and is easily accessible by car via the M6 motorway and by train from Stafford Railway station.