This distinguished detached Victorian building, dating back to the 18th century, presents a remarkable opportunity for both investment and renovation. Currently operating as a popular local pub, The Woodman is set on a prominent corner site with planning permission secured to convert the upper levels into four residential apartments while retaining the ground floor for commercial use. The existing ground floor layout includes a bar area, customer seating, kitchen facilities, and restrooms, alongside access to a 144sqft cellar. The first floor features a self-contained two-bedroom flat complete with a reception room and kitchen, while the second floor offers a one-bedroom flat with an ensuite bathroom. Outside, there is ample seating both covered and uncovered, enhancing its appeal. Notably, the property boasts an extensive parking area at the rear that could potentially be developed further (pending planning). This location near a landscaped green and pond adds charm to the investment potential. With long-term unbroken freehold investment prospects estimated around £95,000 GDV from leases and an impressive potential resale value of approximately £1,600,000 upon redevelopment of units once planning consents are secured, this property stands as a lucrative prospect for buyers. The ground floor may also be transitioned into E class use subject to planning approval.
