Rare opportunity to acquire a substantial vacant former hotel dating back to the 1850s, offering significant redevelopment potential. Arranged over four storeys with additional cellar space, the brick-built terraced property offers scope for residential, retail and community uses. A planning application was submitted on 27 March 2025 for conversion of the upper floors into eight flats, comprising six one-bedroom and two two-bedroom apartments, with retail and community space proposed at ground-floor level.
- Asking Price:
- £150,000
- Turnover:
- Undisclosed
- Net Profit:
- Undisclosed
Property Information
- Property:
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Freehold
- Location:
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Situated in Maryport, an historic coastal town in Cumbria, the property occupies a prominent corner position. The substantial former hotel extends over four principal floors with additional cellar accommodation and offers a significant conversion opportunity.
- Premises Details:
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Vacant brick-built terraced former hotel dating back to the 1850s. The accommodation is arranged from ground to third floor and includes a cellar. The property extends to 5,690 sqft.
- Size in square feet:
- 5,690 sqft
- Planning Consent:
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Planning permission was submitted on 27th March 2025 for conversion into eight flats comprising six one-bedroom and two two-bedroom flats from the first to third floors, with retail and community space at ground-floor level. Planning reference FUL/2025/0057.
Business Operation
- Expansion Potential:
-
Planning permission was submitted for conversion of the existing property into eight flats, comprising six one-bedroom and two two-bedroom flats from the first to third floors, with retail and community space at ground-floor level.
