Development Sites for sale in Stonehouse

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 We found a buyer within the first week of advertising with you. 

Mrs Herbert (Nov 2017)
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Freehold Price: £375,000 Price Reduced Annual Turnover: £1
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Business Description
• Large detached freehold property
• Currently trading as a 52 reg nursery generating a rental income of £24,000 per annum
• Would suit nursery operator potential to increase reg to 75+ or residential development
• Viewing recommended to appreciate the possibilities and potential use

Ref: 44031- COMMERCIAL PROPERTY/RESIDENTIAL DEVELOPMENT, Large detached freehold property, Currently trading as a 52 reg nursery, would suit nursery operator potential to increase reg to 75 plus or residential development, Viewing recommended to appreciate the possibilities and potential use.

This is an excellent opportunity to acquire a detached, fully renovated property with excellent scope to develop into additional opportunities. Previously a detached 2 story pub, the vendor has totally renovated the property to a high standard with many aspects.

Currently the building is leased to a children’s nursery provider with a current annual income of £24,000 plus vat.

The building was previously a public house and offered accommodation, therefore the renovation was completed with the potential to revert the building into a substantial family home with the potential to have 6 bedrooms.

Additionally the property offers an excellent investment opportunity to developers wishing to convert the property into start up offices or flats.

Additional business opportunities possible would include

• Children’s Day Nursery
• Flats
• Large family home
• Offices
• Small Care Home
• Public house
• Small hotel/BB

All of the above would require planning approval.

The property is located on the main road through Stonehouse on route into Gloucester, the property represents an excellent potential for a developer or investor to acquire and immediately gain an income.

Viewing is highly recommended but strictly by appointment only due to the nature of the current business.

Summary. This is an extremely rare opportunity to purchase what is arguably one of the best investment properties in the area, offering an immense range of possibilities and development ideas with a sound structure.

Viewings are highly recommended to appreciate the potential but are strictly by appointment only due to the nature of the current operating business.
Tenure: Freehold

Listed by: RedwoodsDowlingKerr

Find out more about this business opportunity.

 
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RDK44031
Seller Reference:
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