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 to convert and extend the property into a restaurant/cafe with five self-contained flats. The property has full planning consent for the proposed scheme, which includes a partial demolition of the existing rear outrigger, a three-storey side extension, and a two-storey rear extension. The restaurant/cafe space will be located on the ground floor, while the five flats will be situated on the first, second, and third floors. The flats are estimated to generate £950 per month in rental income, with the studio flat on the third floor estimated to generate £700 per month. The property is well-located on Stafford high street, with a range of shops, restaurants, and amenities nearby.