>
10 bed town house
Shaws Arms, London Road, Preston PR1
£325,000
Shaws Arms, London Road, Preston PR1
£325,000
Our Summary
- This partially completed Pub conversion near City Centre of Preston and is an excellent opportunity for Developers to invest in a City, which has a year on year demand for more residential accommodation to meet the needs of our University Students and working professionals
- The property has a lot of potential to convert the current pub to a beautiful restaurant overlooking the River Ribble
- The property has spacious land which has the potential to build a number of apartments subject to planning permission
- There is also ideas of building a Fisherman's Lodge subject to planning
Description
This partially completed pub conversion in Preston's city centre offers a unique investment opportunity for developers. The site, located near the town centre, shopping areas, bars, and restaurants, has the potential to be converted into a restaurant with stunning views of the River Ribble. Alternatively, the spacious land can be developed into multiple apartments, subject to planning permission, or even a Fisherman's Lodge. With a site area of approximately 0.494 acres, this property presents a fantastic opportunity to capitalize on the growing demand for residential accommodation in the city, which is driven by the presence of the university and working professionals. The asking price is £325,000 plus VAT, and viewing is available through Northwest Homes.