Public Houses for sale in England

View the "Dog And Partridge" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I sold my business through Daltons. We had so many enquiries; It’s definitely the best place to sell a business. 

Sarah Hughes (August2016)
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Asking price: £1,100,000
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Business Description

A FANTASTIC OPPORTUNITY FOR AN INVESTOR OR DEVELOPER TO ACQUIRE 0.15 HECTARE OF LAND WITH FULL PLANNING PERMISSION IN THE AFFLUENT COMMUTER VILLAGE OF MATLEY, STALYBRIDGE. REALISTIC GROSS DEVELOPMENT VALUE OF CIRCA £2.5M. ALTERNATIVE DEVELOPMENT POTENTIAL WITHIN A PROMINENT LOCATION FRONTING THE BUSY A6018 MOTTRAM ROAD, ALTERNATIVE THROUGH ROUTE TO MANCHESTER CITY CENTRE



  • Sits unmissable on A6018 Mottram Road, linking through to Greater Manchester with 2.8 million residents.

  • Site area of 0.15 hectares, may suit alternative use such as retail, residential care or a revision to the existing plans to further maximise site potential.

  • Permission (FULL) for the development of 6 x 4 Bedroom, 3 storeys, modern townhouses with private parking and gardens on land adjacent to Public House, anticipated market value of circa £325K each.

  • Permission (FULL) for the change of use and development from Public House to 3 x 3 Bedroom Apartments with fantastic living space and parking within existing 3 story building. Anticipated market value of circa £175K.

  • Further potential for revised planning to fully maximise site potential increasing to 7 x 4 Bedroom, 3 storey townhouses.


LOCATION (SK15 2SX)
Located on the A6018, the site lies approximately two miles south east of Stalybridge on a main route from the town towards Glossop and the Woodhead Pass. The town centre of Stalybridge is easily accessible by car, on foot or by bus. The application site measures approximately 0.15 hectares and currently houses the Dog and Partridge public house, with associated parking and amenity space.


The site is situated outside of the urban conservation area, the site lies within a leafy area with residential streets and developments located mainly to the east of the A6018 Mottram Road. The west side of Mottram Road (particularly around the site) consists mainly of wooded and open space. Neighbouring properties sit some way away from the site and include red-brick 1930’s semi-detached and terraced houses as well as red brick Victorian terraced housing and a detached Victorian stone dwelling.


PROPERTY DESCRIPTION
This fantastic development opportunity commands an unmissable position on the busy A6018 Mottram Road, Matley. A highly desirable and sought-after location with easy access to main arterial routes into the cities of Manchester and Sheffield. Our client has obtained the relevant permissions from Tameside Borough Council for the creation of 6 x 4 Bedroom, 3 story modern townhouses. These properties will enjoy an elevated roadside position with gardens to front and rear in addition to private parking also to the rear. Permission has also been passed for the change of use of the Dog & Partridge public house to permit the development of 3 x 3 bedroom apartments within the existing building, each with private parking to the rear.


Whilst permission has been obtained for total residential conversion, we believe the site may also be suited to a mixed development incorporating a retail unit within the existing public house. Scope also exists for a retail development in its entirety given its prominent main road frontage STPP amendment.


EXTERNALS
The property has a long curb frontage to the A6018 and to its rear hard surface parking for 20 vehicles. There is also a large north east facing garden area incorporating children’s play equipment and pub benches.


PREMISES LICENSES
We are advised that the business currently has a license for dispensing Alcoholic beverages.


TENURE
We are instructed by our private clients to offer by way of total Freehold with VP (Vacant possession).


SERVICES
We understand that the existing public house benefits from all mains connected.


THE OPPORTUNITY
This is a rare development opportunity within such a desirable location. We have calculated the site build costs at £900,000 and GDV at £2,475,000; 6 x 4 Bedroom modern townhouses at £325,000, 1134 Sq. Ft internal living space, private parking and gardens. 3 x 3 Bedroom apartments at £175,000, 1116-1252 Sq. Ft internal living space plus private parking. We have calculated a build cost per house at £125,000 and £50,000 per apartment. Purchase and development costs therefore envisaged to be circa £2,000,000. Gives a return of circa £475,000 or 20%. Potential exists to create a 7th 4 Bedroom Detached Townhouse further adding £200,000 profit and increasing the return to £675,000 or 24%. This would of course be subject to revised plans being approved.


OUR BUSINESS MANAGERS RECOMMEND THAT SERIOUS EARLY CONSIDERATION BE AFFORDED TO OPPORTUNITY DUE TO ITS RARITY AND POSITIONING WITHIN A MUCH-SOUGHT AFTER LOCATION.


To secure this business a non-refundable deposit of £5,000 will give you exclusivity on this business giving you a lock-out agreement with no further viewings or marketing taking place.


Our panel of financial experts are here to help; call for referrals: 01530 414140.


The Property was viewed by Associate Director Mark Ramsden who will be delighted to discuss the opportunity with you 7 days a week on 07557 416209.


Viewings appointments can be made via one of GA-SELECT Business Managers on 01530 41 41 40 who can also refer you to experienced solicitors, accountants, and other trade experts.

Listed by: GA Select
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