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Substantial Property And Land, Sensational Development Opportunity In Gloucester For Sale

UK
Asking Price:
£400,000
Turnover:
Available on request
Net Profit:
Available on request

Development Opportunity

Westgate, Gloucester

Offers Over £400,000

• Opportunity

‘The Lower George Inn’ is a large city centre property with parking

The ground floor can be refurbished and let or operated as a hospitality or retail business

The first and second floors are perfect for residential conversion, with a total of over 300 sq/m

The whole property could be converted flats for either residential use or holiday letting

Building ‘Mews style houses’ in the can preserve the car parking facility

• Location

Close to Gloucester Cathedral, Westgate is a fantastic city centre location with vehicular access and parking

Gloucester is a cathedral city and the county town of Gloucestershire in the South West of England. Gloucester lies on the River Severn, between the Cotswolds to the east and the Forest of Dean to the west

• Development

Dating back to the 16th Century the building offers a surprising opportunity to symaptheically create a high standard of accomodatrion which should command a premium rate

The large plot and more recent (18th & 19th Century) extensions offer a significant opportunity to extend the property to up to 1,000 sq/m whilst still offering car parking

• Internal Details

The three-storey property also has a cellar and attic space

Please see the floorplans for further information

• External Details

0.12-acre plot, the outside area is circa 250 sq/m

Please see the aerial photographs

• Tenure

Nationwide Business Sales are delighted to offer this fantastic opportunity to the market at ‘Offers Over £400,000’

* GDV over £1m
* Fantastic development
* 700 sq/m
* 0.12-acre plot
* Car parking
* Outstanding opportunity
* Potential to extend
* 16th Century
* Grade II listed

Property Information

Property:

Freehold