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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, which spans approximately 373 sq.m, has full planning consent for the proposed development. Located on the high street, the property is surrounded by well-known retailers and is easily accessible by car or public transport. The proposed scheme includes a restaurant/cafe on the ground floor, with four two-bedroom apartments on the first and second floors, and a one-bedroom studio apartment on the third floor. The estimated gross development value is £650,000, with estimated rental income of £4,750 per month. The property is being sold on auction terms, offering a rare opportunity for investors or developers to capitalize on its potential.