Old Town Hall, High Street... 1 bed apartment for sale

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Old Town Hall, High Street... 1 bed apartment for sale

Old Town Hall, High Street, Dronfield, S18
£700,000

Our Summary

  • Nestled in the heart of Dronfield, this remarkable period commercial property on High Street offers a unique investment opportunity with existing income and potential for further income from the rest of the building
  • Planning has also been passed for change of use from offices to 3 apartments to the first floor
  • This may require Town & Country Planning Approval which should not be a problem as there is an existing dropped kerb at the entrance from High Street
  • Local Authority And Planning - Passed planning application for 3 residential apartments to the first floor

Description

This stunning period commercial property on High Street in Dronfield offers a unique investment opportunity with existing income and potential for further income from the rest of the building. Built in 1877, the stone-built property features modern functionality and showcases its historical charm. The property spans 5,429 square feet and is currently home to seven tenants, generating a substantial yearly income of approximately £55,000. The diverse mix of retail and office units makes it an attractive prospect for investors seeking a steady income stream. The property's prominent position in the centre of Dronfield ensures high visibility and foot traffic, making it an ideal location for businesses to thrive. With its rich history and strategic location, this property is a compelling choice that promises both charm and profitability.