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.

Location - 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.

Terms - 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.

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