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64 bedroom house for sale
Coney Street, York City Centre, York
£4,950,000
Coney Street, York City Centre, York
£4,950,000
Our Summary
- A substantial freehold city centre retail property with dual frontages on Coney Street and Market Street, offering significant development potential
- The property comes with extant planning permission for mixed-use development, including:•Ground and basement levels: Conversion of retail units (Use Class E) to restaurant and shop (Use Class E)•Upper floors: Change of use from retail (Use Class E) to a 64-room aparthotel (Use Class C1), including the provision of an additional storey on the roof, with associated external alterations (Planning Ref: 23/00059/FUL)
- Additionally, the property is in close proximity to the Riverside Coney Street Redevelopment Project, a significant ongoing project expected to further boost the local economy
Description
This substantial freehold city centre retail property in York offers significant development potential, with a total gross internal area of approximately 32,101 sq. ft across four storeys, plus a basement. The property features a Grade II listed shopfront and has extant planning permission for a mixed-use development, including a 64-room aparthotel on the upper floors and restaurant and shop units on the ground and basement levels. The property is located in a prime position on Coney Street and Market Street, with surrounding businesses including national retailers and a close proximity to the Riverside Coney Street Redevelopment Project. The property offers vacant possession, although there has been interest from hotel operators, providing a lucrative opportunity for potential buyers.