This property presents a unique opportunity for investment in the vibrant seaside town of Redcar, known for its beautiful coastal scenery and community atmosphere. Previously operating as a social club, the space offers versatile potential for various commercial or residential developments, subject to obtaining the necessary planning permissions.
Situated on Lord Street, this location provides a strategic advantage, being nestled between a bustling commercial high street and established residential areas. This prime position ensures consistent foot traffic and accessibility, making it an appealing prospect for those looking to capitalize on the local market.
The building's layout includes a substantial ground floor featuring several functional areas: an office space, multiple store rooms, a reception area, lounge, bar, and two restrooms. A cellar is also included, providing additional storage or potential conversion options. The upper floor boasts two function rooms along with another bar and restrooms, making it suitable for various uses—from entertainment venues to co-working spaces.
It is important to note that while the property has significant potential, there is observable damage to the roof that will require attention. This aspect has been taken into account in terms of pricing; prospective buyers are encouraged to conduct viewings to fully assess the opportunity.
All essential utilities—electricity, water, and waste connections—are already in place. The property is offered freehold and may require re-rating once occupied. Floor plans are available upon request for those interested in exploring this project further.