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7 bed property, in Marquis Of Granby, £200,000
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7 bed detached house

Marquis Of Granby, High Street, Wellingore, Lincoln, Lincolnshire LN5
Auction Planning
£200,000
-16.7%

Price History

Initial price £240,000
Apr 16, 2026 £200,000
Price Change -16.7%

Our Summary

  • For sale by Online Auction - 28th ofMay 2026 Prime Mixed-Use Investment Opportunity TCPA are delighted to present this rare opportunity to acquire a substantial and highly versatile mixed-use property with exceptional potential
  • The property also benefits from a large on-site car park and additional land, offering further scope for expansion or alternative use (subject to planning)
  • The pub itself is presently vacant, presenting a blank canvas for repositioning, refurbishment, or conversion
  • Planning permission has been submitted for a change of use to create two residential dwellings and has been approved in principle, subject to further surveys and final approvalhighlighting the strong development potential of this site
  • Key Highlights: Substantial mixed-use property with multiple income streams Established rental income with further upside potential Large pub premises with commercial kitchen (120+ capacity) Generous car parking and additional land Planning approved in principle for residential conversion Vacant possession of pub allows immediate redevelopment or re-letting This is an outstanding opportunity for investors, developers, or owner-operators seeking a property with both immediate returns and significant future value potential

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Description

The property is a mix-use development with a large pub that can cater for over 120 people, an equipped kitchen, and a large car park. In addition to the pub, there are three bed and breakfast rooms that are currently rented out on a short-term basis, generating £1,670 per month in rent. The property also comprises a piece of land, and previously submitted plans seek to change the use to two dwellings, with planning permission approved in principle, but subject to further surveys and a final decision.