Investment Properties for sale in Grantham

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Public House- Grantham

Grantham, Lincolnshire, England

  • Freehold Price: £620,000
Seller Reference: KBT47950
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Business Description
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Seller Reference: KBT47950
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Business Description
• Substantial and impressive premises, prominent position within Grantham, Lincolnshire
• Versatile and spacious property potential for commercial or possible residential development
• Currently with two large S/C flats
• Former public house, significant development locally

Substantial former licensed premises offering potential for a variety of alternative uses. Prominent position within the popular market town of Grantham, Lincolnshire. Versatile and spacious property with potential for commercial or possible residential development, viewing recommended. Freehold 47950

This is an excellent opportunity to acquire a substantial former public house which is situated in the popular market town of Grantham, Lincolnshire.

The property occupies a prominent position in the town centre, amongst a large number of other residential and commercial dwellings.

The location enjoys easy access to public transport facilities and the major commuter routes are close at hand ensuring neighbouring villages and towns are close at hand.

The highly visible and imposing former public house offers deceptively spacious and versatile accommodation which would suit a host of licensed, commercial uses or residential development subject to obtaining the relevant local authority planning permission.

There is potential in the property to develop the ground floor into additional living accommodation with the potential for one or two additional self-contained flats. There is also scope within the loft space to develop and add Additional living accommodation. The area is very much in demand for living accommodation and could make a good return on an investment.

This is a rare opportunity to purchase an imposing period property with potential for various future uses such as a restaurant or residential conversion as it is ideally positioned within the town centre which provides high residential demand.

To avoid disappointment, viewing is highly recommended at the earliest opportunity.

Summary. This is a rare opportunity to purchase an imposing detached property which is ideally positioned within the town centre. We believe this premises are ideally for residential property development, with demand in the area for this type of accommodation being extremely high. To avoid disappointment, viewing is highly recommended.
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