REF: 179767453

Floor Plans

For Sale

Investment/Development Opportunity For Sale: High street Loftus Saltburn-By-The-Sea TS13 4HW

Specifications

Invest and Develop, Offices, Retail

TBC

500000

Description

Investment/Development Opportunity For Sale: High street Loftus Saltburn-By-The-Sea TS13 4HW


Parker Barras are delighted to bring this development opportunity to the market.


Situated in the heart of the small market town, Loftus, the property has planning permission for conversion of the upper floors to 15 apartments, we are also advised that it is believed planning for a further 2 apartments may be granted. 


R/2022/0965/CAM


The ground floor commercial units currently generate an income of £2,000 Per Month, fully occupied we expect the commercial units to generate a total of £2,500 Per Month 


Fully Developed and occupied the property is estimated to generate a estimated revenue of £9250 Per Calendar Month with an estimated GDV in the range of £1.3 Million - £1.5 Million .


Full floorplans detailing sizes are available. 


Viewing is highly recommended. 


For Sale: £500,000