Land for sale in Whitecroft, Lydney GL15

£650,000
Interested in this property? Call +44 113 427 5931 * or Request Details

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Land for sale

Tenure:
Freehold
Council tax band:
Not yet known - TBC

Property features

  • Gdv £1.5m
  • Potentially 5 properties
  • Wonderful location
  • Parking
  • Wonderful views
  • 0.75-acres
  • High property prices
  • Demand for housing

Property description

This large 0.75-acre plot boasts over 520 sq/m of property, offering very profitable development opportunities

The pub is successful and generates healthy profits and has owners’ accommodation above

There is an existing holiday cottage and potential to convert the function room in to a second holiday cottage

The beer garden is 0.2-acres, large enough for two good sized houses to be built, STPP

Property prices are high and demand is strong

• Location

‘The Miners Arms’ sits in the village of Whitecroft, close to Lydney in ‘The Forest of Dean’ near the Severn Estuary the area benefits from tourism throughout the year

Cheltenham, Gloucester, Bristol & Cardiff are all within an hours drive

• Development

Without compromising the pub, two sperate properties could be made available – the two-bed holiday cottage is already a completed, the existing function room could be developed into a further three-bed holiday let, please the ‘Miners Holiday Home’ floorplan attached

The holiday home would be 83 sq/m with a gdv of up to £250,000, the holiday cottage is 86 sq/m and a gdv of circa £300,000

With sufficient parking and access, without compromising privacy, the existing property could be converted into multiple dwellings, an additional property could be built in the garden, all subject to a successful planning application

There is potential for a further development in the large beer garden of one or two residential properties, subject to a successful planning application

• Internal Details

The pub has four drinking and dining areas offering seating for up to 60 people

The function room can offer seating for a further 60 covers and or host music events for up to 100

Beautiful large two-bedroom owners flat above the pub

‘The Miners Arms Holiday Cottage’ is a stunning picturesque two-bed cottage with wonderful views and a private garden

Please see the floorplans for further information

• External Details

Sitting on 0.75-acre plot, there is a huge beer garden & large carpark with parking for 20 cars

There are two areas outside for drinking and eating, the large family friendly beer garden at the front of the property, with seating for 80, and also the delightful rear courtyard and garden, with seating for 24

Please see the aerial photographs

• Fixtures & Fittings

All fixtures and fittings not personal to the vendors are included in the sale

• Financials

Property in the area is worth on average £3,500 sq/m

• Tenure

Nationwide Business Sales are delighted to offer this incredible opportunity to the market at £650,000

Property info

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Nationwide Business Sales, WF10 on +44 113 427 5931 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Nationwide Business Sales, and do not constitute property particulars. Please contact Nationwide Business Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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