Freehold Development site For Sale

Planning for 16 units

Available size: 21,528 sq ft

Available Size - 21,528 Sq. ft
Price - £650,000
Business Rates - £40,000 per annum
VAT - Applicable
Service Charge - Not applicable
Legal Fees - Each party to bear their own costs
EPC Rating - E (110)

The former pub and venue at 1 Victoria Square is ideally situated within Worksop, offering excellent street visibility.

The property spans four floors and includes a large cellar. The ground floor accommodates a bar, DJ booth, disabled WC, seating area, and a dance floor. The first floor features both male and female toilets, a kitchen and walk-in fridge, as well as ample office and storage space. Subject to planning permission, the second floor could be utilized as living accommodation or additional storage/office space.

Externally there is a small courtyard.

Worksop is located approximately 45km (28 miles) north of Nottingham and 32km (20 miles) south-east of Sheffield. The town benefits from good communication links, with the A57 providing connections to both the M1 Motorway and A1 dual carriageway. The property is situated in a prominent corner position opposite Barclays Bank. Occupiers close by include Boots, Greggs, Clintons and Holland & Barrett.

The property is situated just off Bridge Place, fronting Gateford Road and is only a five-minute walk to the Town Centre. The premises offer good access to bus links and is located near a handful of large car parks, including the Watson Road pay-and-display with 100 available spaces.

Offered for sale Freehold with vacant possession, with the benefit of planning for 16 apartments or studios. The units are a mix of single level dwellings or duplex style apartments. The scheme offers communal storage, bin store and bike store.
The price guide for an unconditional sale only is £650,000 for the freehold interest in the property and land.

We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent.