available
£249,995
This former public house, located on Bridgegate in Rotherham, presents an exceptional opportunity for investors and developers. With full planning permission granted for 22 self-contained flats and 2 x large ground floor commercial units, it offers significant potential for redevelopment. The planning reference is Rotherham MBC RB2022/1678. Please note, the building requires a full renovation and access is restricted due to structural instability.
The site is ideally positioned in Rotherham City Centre, a location known for its vibrant atmosphere and convenience. Close proximity to local amenities and transport links adds to its appeal. The estimated post-development value stands at approximately £3million, highlighting the financial potential of this project.
While the property demands significant work, its affordable price point and strategic location make it an attractive proposition for those looking to invest in the area. A buyer's premium applies to this sale. Seize this opportunity to invest in a promising development project before it slips away.
*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information.
