House For Sale Shore Road, Scunthorpe, DN17

£160,000

1 of 4
  • Description
  • Street View
  • Maps
Last Updated: 3rd May 2024

Description

**FANTASTIC OPPORTUNITY - DEVELOPMENT OPPORTUNITY - RUN YOUR OWN PUB**\r
\r
Walshe's Property is pleased to bring to the market the Bay Horse Public House located in the popular village of Garthorpe. \r
\r
The former pub is set in the heart of the village and was once the centre of village hospitality, the property has been granted planning permission on 17th November 2021 for a condensed public house with additional takeaway use together with a 3 storey side extension to comprise a new ground floor commercial unit (flexible Class E use), a 2 bedroom maisonette over ground and first floor (89sqm) with front private patio and a 3 bed flat at second floor with large roof terrace (88sqm). Most of the public house ancillary landlord accommodation at first floor has been retained as a 4 bed flat with office which has access to the front south facing balcony within the extension. The development benefits from 8 parking spaces in total serving the flats, commercial unit and the public house. Servicing the pub and commercial unit would take place within the car parking area.\r
The side extension to the pub is the main development opportunity which will hopefully create a new community hub within the village to provide additional services/facilities in addition to the pub with 2 additional residential dwellings.\r
\r
Further information on the planning can be found on North Lincolnshire Councils planning portal, the planning code is PA/2021/313
Agent Details
Walshe's Property
12 Oswald Road, Scunthorpe, DN15 7PT
Show Contact Number
01724 304 604

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this property. See more properties like this.

£186,000
Scunthorpe, DN17
Semi Detached
4.2
£380,000
Scunthorpe, DN17
Detached
1.9
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested