An excellent commercial investment opportunity comprising of a ground floor lock-up shop unit that is currently let to a Hairdresser on a full repairing lease of seven years from the 1st January 2019 at a rent of £400 per calendar month (£4,800pa).

This substantial, former hotel, has been vacant for many years and with a total floor area of 8,033 sq ft, is prime for redevelopment. Planning consent was obtained in 2016 for the development and conversion of the property into 14 self contained apartments. This will provide 4 x 1 bedroom, 9 x 2 bedroom and 1 x 3 bedroom apartments. Work commenced on the project and the apartments now find themselves at various stages of first/second fix. It will be up to the new owners to decide on the future use of the building and how to get the best out of it.