Just added

£450,000

(£50/sq. ft)

15 bed retail premises for sale
Craven Arms, Shrewsbury Road SY7

    • 15 beds

    • 8,960 sq. ft

Added on

Imperial Properties

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About this property

  • Full planning

  • 15 Apartments

  • Over three floors

  • Ground Floor: 1 x 2 Bed / 6 x 1 Beds

  • First Floor: 2 x 2 Bed / 4 x 1 Beds

  • Second Floor: 2 x 1 Beds

  • Grade II Listed landmark building

  • Fully consented 15-unit residential scheme

  • Gdv £1.8 / £2.0 Million

Detailed Description

An exceptional opportunity to acquire one of South Shropshire's most recognisable historic buildings with the benefit of full planning permission for the conversion and redevelopment of the former Craven Arms Hotel into a substantial residential scheme comprising 15 self-contained apartments.

Occupying a highly prominent corner position at the entrance to Craven Arms town centre, the property enjoys immediate access to local amenities, independent retailers, cafés, public transport links and Craven Arms Railway Station, providing direct connections to Shrewsbury, Ludlow, Hereford and the wider Midlands region.

The Craven Arms Hotel is a substantial Grade II Listed building of considerable character and architectural presence, forming a landmark within the town. The approved scheme has been carefully designed to preserve and enhance the building's historic significance whilst delivering a modern residential development capable of meeting strong local demand for quality housing.

Planning consent has been granted by Shropshire Council for the conversion of the existing building together with a sympathetic first-floor extension, creating a total of fifteen apartments arranged across three floors.

Approved Accommodation Schedule:

Ground Floor - 7 Apartments:

Apartment Accommodation Approx Size

Apartment 1 1 Bedroom Apartment 57.7 Sq m

Apartment 2 2 Bedroom Apartment 64.6 Sq m

Apartment 3 1 Bedroom Apartment 66.6 Sq m

Apartment 4 1 Bedroom Apartment 60.0 Sq m

Apartment 5 1 Bedroom Apartment 46.8 Sq m

Apartment 6 1 Bedroom Apartment 58.9 Sq m

Apartment 7 1 Bedroom Apartment 45.9 Sq m

First Floor - 6 Apartments

Apartment 1 1 Bedroom Apartment 55 Sq m

Apartment 2 1 Bedroom Apartment 43 Sq m

Apartment 3 2 Bedroom Apartment 64 Sq m

Apartment 4 2 Bedroom Apartment 76 Sq m

Apartment 5 1 Bedroom Apartment 55 Sq m

Apartment 6 1 Bedroom Apartment 44 Sq m

Second Floor - 2 Apartments

Apartment 7 1 Bedroom Apartment 54 Sq m

Apartment 8 1 Bedroom Apartment 41 Sq m

Summary:

- 15 Fully Consented Residential Apartments
- 12 One-Bedroom Apartments
- 3 Two-Bedroom Apartments
- Gross Approved Accommodation of Approximately 829 m² (8,923 sq ft)
- Grade II Listed Building
- Full Planning Permission Granted
- Prominent Town Centre Position
- Extensive On-Site Parking Provision
- Dedicated Cycle Storage
- Dedicated Refuse Storage Area
- Walking Distance to Craven Arms Railway Station
- Excellent Road Connections via the A49
- Attractive Character Conversion Opportunity
- Suitable for Private Sale or Build-to-Rent Investment Strategy

The approved development offers a rare combination of planning certainty, architectural character and strategic location. Opportunities of this nature are increasingly scarce, particularly where both planning consent and detailed design work have already been secured.

The scheme presents an attractive proposition for regional developers, housing providers, private investors and build-to-rent operators seeking a substantial residential development opportunity within an established South Shropshire market town.

Further information, planning documentation and architectural drawings are available upon request. Please consult the brochure below. For more information or to book a viewing please contact the Sales Team on the details below.

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Property descriptions and related information displayed on this page are marketing materials provided by - Imperial Properties. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Imperial Properties for full details and further information.