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 is being sold on auction terms, with full planning consent to convert and extend the premises into a restaurant/cafe with five self-contained flats. The property spans approximately 373 square meters and is located on the high street, within walking distance of various blue-chip retailers and just a short drive from the M6 motorway. The planning consent allows for a three-storey side extension and two-storey rear extension, as well as the change of use from a public house to a restaurant/cafe with five flats above. The proposed scheme includes a restaurant/cafe on the ground floor, with 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 £560,000, with potential rental income of £4,750 per month.