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 for redevelopment. The property, with a total floor area of approximately 373 sq.m, has full planning consent to convert and extend the premises to create a restaurant/cafe with five self-contained flats. The location is prime, situated on the high street with a range of established retailers nearby. The property benefits from a comprehensive planning package, including plans, elevations, and supporting reports. The proposed scheme includes a restaurant/cafe on the ground floor, with four two-bedroom apartments and one one-bedroom studio apartment on the upper floors. The estimated gross development value is £750,000, with potential rental income of £4,700 per month. The property is being sold on auction terms, providing a rare opportunity for investors and developers to acquire a unique and lucrative project.