The 1980’s red-brick office building measures c.92,300 sq.ft. and currently features c.70,000 sq.ft. of vacant b1 office space, 8 retail units (4 vacant) and a public house with 25 car parking spaces to the rear of the building. The building has planning permission for two schemes:

A –  102 bed hotel and 26 flats (conversion)

B –  104 bed hotel and 71 flats (conversion and new build)

The building can be purchased at c.£16PSF on the existing space with an immediate income of c.£68,000 per annum from 4 of the ground floor retail units and the public house. The building may also suit alternative uses subject to obtaining the necessary planning consent.