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Greengate Street, Stafford Land for sale
Greengate Street, Stafford
£215,000
Greengate Street, Stafford
£215,000
Price History
Initial price | £280,000 |
18/04/25 | £225,000 |
24/05/25 | £220,000 |
30/05/25 | £215,000 |
Price Change | -23.21% |
Description
This former public house in Stafford town centre offers a unique opportunity to convert and extend the property into a restaurant/cafe with five self-contained flats. The property, which spans approximately 373 square meters, has full planning consent for the proposed development. The location is prime, with major retailers and amenities nearby, and is easily accessible by car and public transport. The proposed scheme includes a restaurant/cafe on the ground floor, with four two-bedroom apartments on the first and second floors, and a one-bedroom studio apartment on the third floor. The estimated gross development value is £500,000, with potential rental income of £4,700 per month. The property is being sold on auction terms, offering a rare chance to purchase a unique and profitable development opportunity.